Volume 76
Public Law 87–632
To extend the International Wheat Agreement Act of 1949.
Approved September 5, 1962
Statutory text
AN ACT
To extend the International Wheat Agreement Act of 1949.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That section 2 of the International Wheat Agreement Act of 1949, as amended, is further amended as follows:
The first sentence is amended by striking out the language in the first parenthesis and all that follows in such sentence and inserting in lieu thereof the following: “signed by the United States and certain other countries revising and renewing such agreement of 1949 for periods through July 31, 1965 (hereinafter collectively called the ‘International Wheat Agreement’)”.
There is inserted immediately before the last sentence the following new sentence: “Such net costs in connection with the International
TIAS 5115.
Wheat Agreement, 1962, shall include those with respect to all transactions which qualify as commercial purchases (as defined in such agreement) from the United States by member and provisional member importing countries, including transactions entered into prior to the deposit of instruments of acceptance or accession by any of the countries involved, if the loading period is not earlier than the date the agreement enters into force.”
Approved September 5, 1962.