Page:United States Statutes at Large Volume 72 Part 1.djvu/612

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[72 Stat. 570]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 570]

670

PUBLIC LAW 85-625-AUG. 12, 1958

[72 S T A T.

appropriated in such amounts as may be necessary for the purpose of carrying out the provisions of this part. " (b) I n the event of any default on any such guaranteed loan, and payment in accordance with the guaranty by the United States, the Attorney General shall take such action as may be appropriate to recover the amount of such payments, with interest, from the defaulting carrier, carriers, or other persons liable therefor. "oUARAUTr PEES "SEC. 507. The Commission shall prescribe and collect a guaranty fee in connection with each loan guaranteed under this part. Such fees shall not exceed such amounts as the Commission estimates to be necessary to cover the administrative costs of carrying out the provisions of this part. Sums realized from such fees shall be deposited in the Treasury as miscellaneous receipts. "ASSISTANCE OF DEPARTMENTS OR OTHER AGENCIES

"SEC. 508. (a) To permit it to make use of such expert advice and services as it may require in carrying out the provisions of this part, the Commission may use available services and facilities of departments and other agencies and instrumentalities of the Government, with their consent and on a reimbursable basis. " (b) Departments, agencies, and instrumentalities of the Government shall exercise their powers, duties, and functions in such manner as will assist in carrying out the objectives of this part. a ADMINISTRATIVE EXPENSES

"SEC. 509. Administrative expenses under this part shall be paid from appropriations made to the Commission for administrative expenses. "TERMINATION OF AUTHORITY

"SEC. 510. Except with respect to such applications as may then be pending, the authority granted by this part shall terminate at the close of March 31, 1961: Provided, That its provisions shall remain in effect thereafter for the purposes of guaranties made by the Commission." AMENDMENTS TO SECTION 1 or INTERSTATE COMMERCE ACT

49 USC I.

SEC. 3. Section 1 of the Interstate Commerce Act, as amended, is amended (1) by inserting in subparagraph (a) of paragraph (2) thereof, after the word "aforesaid" and before the semicolon following that word, a comma and the words "except as otherwise provided in this part " and (2) by striking out the period at the end of the proviso in subparagraph (a) of paragraph (17) thereof and inserting in lieu thereof the following: "and except as otherwise provided in this part.". INTRASTATE RATES, FARES, CHARGES, CLASSIFICATIONS, REGULATIONS, OR PRACTICES

SEC. 4. The first sentence of paragraph (4) of section 13 of the Interstate Commerce Act, as amended, is amended to read as follows: " (4) Whenever in any such investigation the Commission, after full hearing, finds that any such rate, fare, charge, classification, regulation, or practice causes any undue or unreasonable advantage, prefer-