Extension of Export Control Act, 1962: Hearing Before the Committee on Banking and Currency, United States Senate, Eighty-seventh Congress, Second Session, on S. 3161, a Bill to Provide for Continuation of Authority for Regulation of Exports, and for Other Purposes. May 2, 1962

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U.S. Government Printing Office, 1962 - 30 páginas
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Considers S. 3161, to extend permanently export control programs under the Export Control Act of 1949.
 

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Página 29 - It is the policy of the United States to use export controls (A) to the extent necessary to protect the domestic economy from the excessive drain of scarce materials and to reduce the serious inflationary impact of abnormal foreign demand...
Página 29 - ... reports or the keeping of such records by, make such inspection of the books, records, and other writings, premises, or property of, and take the sworn testimony of, any person. In addition, such officers or employees may administer oaths or affirmations, and...
Página 29 - ... shall be made for representative trade consultation to that end. In addition, there may be applied such other standards or criteria as may be deemed necessary by the head of such department, or agency, or official to carry out the policies of this Act.
Página 30 - July 2, 1940, shall, until amended or revoked, remain in full force and effect, the same as if promulgated under this Act. TERMINATION DATE SEC. 12. The authority granted herein shall terminate on June 30, 1962,' or upon any prior date which the Congress by concurrent resolution or the President may designate.
Página 30 - No person shall be excused from complying with any requirements under this paragraph because of his privilege against self-incrimination, but the immunity provisions of the Compulsory Testimony Act of February 11, 1893 (USC, title 49, sec. 46), shall apply with respect to any individual who specifically claims such privilege.
Página 30 - In case of contumacy or refusal to obey a subpena served upon any person under this subsection, the district court of the United States for any district in which such person is found or resides or transacts business, upon application by the United States and after notice to such person...
Página 30 - Stat. 443) shall apply with respect to any individual who specifically claims such privilege. (c) No department, agency, or official exercising any functions under this act shall publish or disclose information obtained hereunder which is deemed confidential or with reference to which a request for confidential treatment is made by the person furnishing such information unless the head of such department or agency determines that the withholding thereof is contrary to the national interest.
Página 30 - The functions exercised under this Act shall be excluded from the operation of the Administrative Procedure Act (60 Stat. 237) except as to the requirements of section 3 thereof.
Página 29 - The availability of certain materials at home and abroad varies so that the quantity and composition of United States exports and their distribution among importing countries may affect the welfare of the domestic economy and may have an important bearing upon fulfillment of the foreign policy of the United States.
Página 30 - Section 6 of the Act of July 2, 1940 (54 Stat. 714), of the quantities, character, value, terms of disposition, and destination of the article and information so exported.

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