Page:United States Statutes at Large Volume 49 Part 1.djvu/870

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74TH CONGRESS . SESS. I. CH. 687. AUGUST 26, 1935 .

825 (1) to make any contribution whatsoever in connection with the candida cy, nomination, e lection or appoin tment of any pers on for or to a ny office or posi tion in the Gover nment of the Unit ed States, a S tate, or any poli tical subdivision of a State, or a ny agency, authority, or instrumentality of any one or more of the foregoing ; or (2) to make any contribution to or in support of any political party or an y committee or ag ency thereof . The term " contribution " as used in this subsection includes any gift, subscription, lo an, advance, or d eposit of money o r anything of value, and includes any contract, agreement, or promise, whether or not legally enforceable, to make a contribution . (i) It shall be unlawful for any person employed or retained by any regis tered holding com pany, or any subs idiary company th ereof, to present, advocate, or oppose any matter affecting any registered hol ding compa ny or any subsidiar y company thereof, before the Congress or any Member or committee thereof, or before the Com- mission or Federal Power Commission, or any member, officer, or employee of either such Commission, unless such person shall file with the Commission in such form and detail and at su ch time as the Commission shall by rules and regulations or order prescribe as necessary or appropriate in the pu blic interest or for the protection of investors or consumers, a statemen t of the subject matter in respect of which such person is re tained or employe d, the nature and char- acter of such retainer or employment, and the amount of compensa- tion received or to be received by su ch person, directly or indirectly, in connection therewith . It shall be the duty of every such person so employed or retained to file with the Commission within ten days after the close of each calendar month during such retainer or employment, in such form and detail as the Commission shall by rules and regulations or order prescribe as necessary or appropriate in the public interest or for the protection of investors or consumers, a stateme nt of the expense s incurred and th e compensation re ceived by such person during such month in connection with such retainer or employment . SE RVI CE, SA LES, AND CONSTRUCtiON CON TRAC TS SFc . 13 . (a) After April 1, 1936, it shall be unlawful for any registered holding company, by use of the mails or any means or instrumentality of interstate commerce, or otherwise, to enter into or take any step in the performance of any service, s ales, or construc- tion contract by which such co mpany undertakes to perform servic es or construction work for, or sell goods to, any associate company thereof which is a public-util ity or mutual ser vice company . This provision shall not apply to such transactions, involving special or unusual circumstances or not in the ordinary course of business, as the Commissio n by rules and re gulations or orde r may conditional ly or unconditio nally exempt as b eing necessary or appropriate in t he public interest or for the protection of investors or consumers . (b) After April 1, 1936, it shall be unlawful for any subsidiary company of any registered holding company or for any mutual serv- ice company, by use of the mails or any means or instrumentality of interstate commerce, or otherwise, to enter into or take any step in the performance of any service, sales, or construction contract by which suc h co mpany und erta kes to pe rfor m se rvice s or con stru ction work for, or sell goods to, any associate company thereof except in accordance with such terms and conditions and subject to such limi- tations and prohibitions as the Commission by rules and regulations "Contribution" construed . Persons retained to represent holding com- panies before the Con- gres s, etc . Statements to be Sled . Expenses incurred. Service, sales, and con stru ctio n c ontr act s. Prohibition respect- ing holding companies. Exemptions . Prohibition respect- ing subsidiary com- pan ies .