Title 15 — Commerce and Trade
Chapter 71 — Petroleum Overcharge Distribution and Restitution
§ 4506. Termination
Statutory text
In general
Except as provided in subsection (b), the provisions of this chapter (other than section 4504 of this title) shall terminate 90 days after the Secretary—
determines that all of the restitutionary amounts to which section 4501(a) of this title applies have been collected and disbursed as provided in this chapter; and
submits to Congress the final report required by section 4505 of this title.
Such final report shall include the determination (and the justification thereof) described in paragraph (1)(A). Such report shall also be published in the Federal Register.
Exception
The requirements of section 4502(d) 1 of this title shall continue to be applicable to the use of restitutionary amounts received under this chapter as long as such funds remain available.
Footnotes
- 1 See References in Text note below.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Petroleum Overcharge Distribution and Restitution Act of 1986
Pub. L. 99–509 title III § 3007 · 100 Stat. 1874
Enacted · 15 U.S.C. § 4506
(Pub. L. 99–509, title III, § 3007, Oct. 21, 1986, 100 Stat. 1887.)
Source evidence
Code source credit
(Pub. L. 99–509, title III, § 3007, Oct. 21, 1986, 100 Stat. 1887.)Enacted provision · exact public law section
SEC. 3007. TERMINATION. (a) In General.— (1) Except as provided in subsection (b), the provisions of this subtitle (other than section 3005) shall terminate 90 days after the Secretary— (A) determines that all of the restitutionary amounts to which section 3002(a) applies have been collected and disbursed as provided in this subtitle; and (B) submits to Congress the final report required by section 3006. (2) Such final report shall include the determination (and the Reports. Federal Register, publication. justification thereof) described in paragraph (1)(A). Such report shall also be published in the Federal Register. (b) Exception.— The requirements of section 3003(d) shall continue to be applicable to the use of restitutionary amounts received under this subtitle as long as such funds remain available.
1 of 1 references resolved to an enrolled provision
Editorial Notes
References in Text
Section 4502(d) of this title, referred to in subsec. (b), was repealed by section 4502(e) of this title.