Volume 88
Public Law 93–369
To amend the provisions of the Perishable Agricultural Commodities Act, 1930, relating to practices in the marketing of perishable agricultural commodities.
Approved August 10, 1974
Statutory text
An Act
To amend the provisions of the Perishable Agricultural Commodities Act, 1930, relating to practices in the marketing of perishable agricultural commodities.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That subsection (5) of section 2 of the Perishable Agricultural Commodities Act, 1930, as amended (7 U.S.C. 499b(5)), is hereby amended by striking out the semicolon at the end thereof and substituting a colon and the following: “Provided, That any commission merchant, dealer, or broker who has violated this subsection may, with the consent of the Secretary,
Violation, penalty.
admit the violation or violations and pay a monetary penalty not to exceed $2,000 in lieu of a formal proceeding for the suspension or revocation of license, any payment so made to be deposited into the Treasury of the United States as miscellaneous receipts;”.
Approved August 10, 1974.