The Waterbury Democrat., 1941-02-10

any other direct or indirect bene- fit which the President deems sat- isfactory.
 co Neither the President nor the head of any department or agency shall, after June 30, 1943, exercise any of the powers con- ferred by or pursuant to subsec- tion (A), nor shall such powers be exercised if terminated by a con- current resolution by both Houses of the Congress, except, that until July 1, 1946, such powers by be exercised to the extent necessary to carry out a contract or agree ment with such g. government made before July l, 1943.
 CD Nothing in this act shall be construed to authorize or to permit the authorization of con- voying vessels by naval vessels of the United States.
 (E) Nothing in this act shall be construed to authorize or to permit the authorization of the entry of any American vessel into a combat area in violation of Sec tion of the Neutrality Act of 1889.
 SECTION (
 An contracts or agreements made for the disposition of any defense article or defense ntor- nation pursuant to Section 3 shall contain a clause by which the foreign government undertakes that it will not, without the con- sent of the President, transfer title to or possession of such de- fense article or defense mforma- tion by gift, sale, or otherwise, or permit it's use by anyone not an officer, employe, or agent of such foreign government.
 SECTION 5.
 (A) The Secretary of War, the Secretary of the Navy, or the head of any other department or agen- cy of the government involved shall, when any such defense ar- ticle or defense information is ex- ported, immediately inform the department or agency designated by the President to administer section of the act of July 2, 194O. (54 state, 714), of the quan- titles, character, value, terms Of disposition, and destination of the article and information so export ed.
 (B) The President from time to time, but not less frequently than once every 90 days, shall transmit to the Congress a report of opera tions under this Act except such information as he deems incom- patible with the public interest to disclose.
 Reports provided for under this subsection shall be transmitted to the Secretary of the Senate or the Clerk of the House of Represen- tatives, as the case may be, Ii the Senate or the House of Represen- tatives, as the case may be, is not in session.
 SECTION 6.
 (A) There is hereby authorized to be appropriated from time to time, out of any money in the Treasury not otherwise appropri- ated, such amounts as may be necessary to carry out the provi- sions and accomplish the purposes of this Act.
 (B) All money and all property which is converted into money re- ceived under Section 3 from any government shall, with the ap- proval of the Director of the Bud- get, revert to the respective ap- propriation or appropriations out of whcih funds were expended with respect to the defense article or defense information for which such consideration is received. and shall be available for expenditure for the purpose for which such expended funds were appropriated by law, during the fiscal year in which such funds are received and the ensuing fiscal year.
 SECTION !
 The secreatry of War. the sec- retary of the Navy, and the head of the department or agency shall in all contracts or agreements for the deposition of any defense ar- tlclc or defense information fully protect the rights of all citizens ,f the United States who have atent rights In and to any such lrtlcle or information which is iereby authorized to be disposed of and the payments collected for royalties on such patents shall be