Page:United States Statutes at Large Volume 107 Part 3.djvu/373

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PUBLIC LAW 103-198—DEC. 17, 1993 107 STAT. 2311 (II) by striking "Arbitration Panel" and inserting "conyright arbitration royalty panel appointed under ctiapter 8"; (iv) by striking subparagraphs (E) and (F); (v) by amending subparagraph (G) to read as follows: "(C) PERIOD DURING WHICH DECISION OF ARBITRATION PANEL OR ORDER OF LIBRARIAN EFFECTIVE. —The obligation to pay the royalty fee established under a determination which— "(i) is made by a copyright arbitration royalty panel in an arbitration proceeding under this paragraph and is adopted by the Librarian of Congress under section 802(f), or "(ii) is established by the Librarian of Congress under section 802(f), shall become effective as provided in section 802(g).' '; and (vi) in subparagraph (H)— (I) by redesignating such subparagraph as subparagraph (D); and (II) by striking "adopted or ordered under subparagraph (F)" and inserting "referred to in subparagraph (C)"; and (D) by striking paragraph (4). SEC. 6. CONFORMING AME]^a)MENTS. (a) CABLE COMPULSORY LICENSE. — Section 111(d) of title 17, United States Code, is amended as follows: (1) Paragraph (1) is amended by striking ", after consultation with the Copyright Royalty Tribunal (if and when the Tribunal has been constituted),". (2) Paragraph (1)(A) is amended by striking ", after consultation with the Copyright Royalty Tribimal (if and when the Tribunal has been constituted),". (3) Paragraph (2) is amended by striking the second and third sentences and inserting the following: "All funds held Securities. by the Secretary of the Treasury shall be invested in interestbearing United States securities for later distribution with interest by the Librarian of Congress in the event no controversy over distribution exists, or by a copyright arbitration royalty panel in the event a controversy over such distribution exists.". (4) Paragraph (4)(A) is amended— (A) by striking "Copjrright Royalty Tribunal" and inserting "Librarian of Congress"; and (B) by striking "Tribunal" and inserting "Librarian of Congress. (5) Paragraph (4)(B) is amended to read as follows: "(B) After the first day of August of each year, the Librarian of Congress shall, upon the recommendation of the Register of Copyrights, determine whether there exists a controversy concerning the distribution of royalty fees. If the Librarian determines that no such controversy exists, the Librarian shall, after deducting reasonable administrative costs under this section, distribute such fees to the copjrright owners entitled to such fees, or to their designated agents. If the Librarian finds the existence of a