Public Law 88–343

That section 717(a)

Defense Production Act of 1950.

Extension.

67 Stat. 131;

76 Stat. 112.

50 USC app. 2166.

70 Stat. 408.

50 USC app. 2093.

New purchases, restriction.

50 USC app. 2094.

of the Defense Production Act of 1950 is amended by striking out “June 30, 1964” in the first sentence and inserting in lieu thereof “June 30, 1966”.

Sec. 2.

Section 303(b) of the Defense Production Act, of 1950 is amended by striking out “June 30, 1965” and inserting in lieu thereof “June 30, 1975”.

Sec. 3.

Section 304(b) of the Defense Production Act of 1950 is amended by striking out the period at the end of the next to last sentence and inserting in lieu thereof a colon and the following: “Provided, That no new purchases or commitments to purchase under section 303 shall be made or entered into after June 30, 1964 (except purchases

65 Stat. 133.

made pursuant to commitments entered into on or before such date), unless the President makes a finding that such new purchases or commitments are essential to the national security: Provided further,

Contingent liabilities, limitation.

That the total of such new purchases and commitments, including contingent liabilities, made or incurred under section 303 after June 30, 1964, shall not exceed $100,000,000.”