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Volume 62

Public Law 80–643

To ratify and confirm amendments to certain contracts for the furnishing of petroleum products to the United States.

Approved June 25, 1948

Statutory text

AN ACT

To ratify and confirm amendments to certain contracts for the furnishing of petroleum products to the United States.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That contract amendments

Petroleum products.

Validation of certain contract amendments.

relating to prices to be paid for petroleum products entered into by any department, agency, or establishment of the executive branch of the Government, in the calendar year 1946 following the removal of price controls on petroleum products, are hereby ratified and confirmed; and such amendments shall be treated as valid in the determination and adjustment of claims by or against the United States under such contracts.

Sec. 2.

The Comptroller General of the United States is authorized

Credit in accounts.

and directed to allow credit in the settlement of accounts of accountable officers of the Government of the United States covering payments made under contract amendments which are, and to the extent that such payments are, ratified and confirmed by section 1 hereof.

Sec. 3.

Amounts which have been refunded or collected by set–off,

Repayment of amounts to certain contractors.

or otherwise, from contractors on account of payments made under contract amendments herein ratified and confirmed, are authorized to be repaid to said contractors upon presentation of a claim therefor to the General Accounting Office.

Approved June 25, 1948.

Parsed from the official Statutes at Large USLM XML in 62.xml