An Act to amend the Atomic Energy Act of 1954, as amended, the Atomic Energy Community Act of 1955, as amended, and the EURATOM Cooperation Act of 1958,as amended.
PL 88-394 (S.2963), enacted 08/01/1964

71 Stat. 576. 
42 u s e 2210 
376 
PUBLIC LAW 88-394-AUG. 1, 1964 
[78 STAT. 
Public Law 88-394 
August 1, 1964 
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A C T 
[s. 2963] 
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Q amend the Atomic Energy Act of 1954, as amended, the Atomic Energy Com-
munity Act of 1955, as amended, and the EURATOM Cooperation Act of 1958, 
as amended. 
Be it enacted hy the Senate and House of Representatives 
of the 
Atomic Energy 
Jjnited Sttttes of AmeHca in Congress assembled^ That subsection 
'es st^^r9"6r ^' 153(h) of the Atomic Energy Act of 1954, as amended, is amended 
73 Stat. 87, 
by Striking out the date "September 1, 1964" and inserting in lieu 
42 use 2183. 
thereof the date "September 1,1969". 
SEC. 2. Subsection 170 c. of the Atomic Energy Act of 1954, as 
amended, is amended by adding at the end thereof the following new 
sentence: "With respect to any production or utilization facility for 
which a construction permit is issued between August 30, 1954, and 
August 1, 1967, the requirements of this subsection shall apply to any 
license issued for such facility subsequent to August 1, 1967." 
72 Stat. 837. 
SEC. 3. Subsectiou 170 k. of the Atomic Energy Act of 1954, as 
amended, is amended by adding at the end thereof the following new 
sentence: "With respect to any production or utilization facility for 
which a construction permit is issued between August 30, 1954, and 
August 1,1967, the requirements of this subsection shall apply to any 
license issued for such facility subsequent to August 1, 1967." 
SEC. 4. The Atomic Energy Community Act of 1955, as amended, 
is amended by adding the following new section: 
"SEC. 120. DISPOSAL OF PROPERTY.—In addition to any other author-
ity the Commission may have, the Commission is authorized, without 
regard to the provisions of section 3709 of the Revised Statutes, as 
amended, to lease land, and to sell, lease, including leases with options 
to purchase, and otherwise dispose of improvements thereon, and such 
equipment and other personal property as is determined to be directly 
related thereto, in the Commission's Hanford project in and near 
Richland, Washington, upon a determination by the Commission 
that such disposition will serve to prevent or reduce the adverse eco-
nomic impact of actual or anticipated reductions in Commission pro-
grams in that area: Provided^ however^ That the compensation to the 
Government for any such disposition shall be the estimated fair market 
value or estimated fair rental value of the property as determined by 
the Commission: Provided further^ That before the Commission makes 
any disposition of property under the authority of this section, the 
basis for the proposed disposition (with necessary background and 
explanatory data) shall be submitted to the Joint Committee on 
Atomic Energy, and a period of forty-five days shall elapse while 
Congress is in session (in computing such forty-five days, there shall 
be excluded the days on which either House is not in session because 
of adjournment of more than three days) : Provided^ however, That 
the Joint Committee on Atomic Energy, after having received the 
basis for the proposed disposition, may by resolution in writing waive 
the conditions of, or all or any portion of, such forty-five-day period." 
SEC. 5. Section 5 of the EURATOM Cooperation Act of 1958, as 
72 Stat. 1085. 
amended, is amended to read as follows: 
"SEC. 6. Pursuant to the provisions of section 54 of the Atomic 
42 use 2074. 
Energy Act of 1954, as amended, there is hereby authorized for sale 
or lease to the Community: 
Seventy thousand kilograms of contained uranium 235 
Five hundred kilograms of plutonium 
Thirty kilograms of uranium 233 
69 
42 
note 
41 
Stat. 
use 
use 
471. 
2301 
5. 
78 STAT. ] 
PUBLIC LAW 88-395-AUG.l, 1964 
377 
ill accordance with the provisions of an agreement or agreements for 
cooperation between the Government of the United States and the 
Community entered into pursuant to the provisions of section 123 of 
the Atomic Energy Act of 1954, as amended: Provided^ That the 
Government of the United States obtains the equivalent of a first lien 
on any such material sold to the Community for which payment is not 
made in full at the time of transfer." 
Approved August 1, 1964. 
42 u s e 2153. 
Public Law 88-395 
AN ACT 
To repeal the District of Columbia Credit Unions Act, to convert credit unions 
incorporated under the provisions of the Act to Federal credit unions, and for 
other purposes. 
August 1, 1964 
[H. R. 8313] 
Be it enacted by the Sewite and Houne of RepreserUatives of the 
United /States of America in Congress assembled, That any credit 
union organized under the District of Columbia Credit Unions Act 
(47 Stat. 326), as amended, may apply for conversion into a Federal 
credit union by filing with the Director of the Bureau of Federal 
Credit Unions (hereinafter referred to as the Director), pursuant to 
a resolution adopted by a majority of its directors, an organization 
certificate meeting the requirements of section 4 of the Federal Credit 
Union Act (12 U.S.C. 1753), as amended. 
SEC. 2. The Director shall approve any such organization certificate 
meeting such requirements. 
ITpon such approval, the applicant 
credit union shall become a Federal credit union, and shall be vested 
with all of the assets and shall continue responsible for all of the ob-
ligations of such applicant credit union to the same extent as though 
the conversion had not taken place. 
SEC. 3. Any District of Columbia credit union converting into a 
Federal credit union in accordance with this Act shall thereupon 
be subject to the limitations, vested with the powers, and charged 
with the liabilities conferred and imposed by the Federal Credit 
Union Act upon credit unions organized thereunder, except that— 
(1) no fee shall be imposed upon a credit union converting 
pursuant to this Act as an incident to its conversion; 
(2) any loan or investment made by a credit union convert-
ing pursuant to tliis Act in conformity with the District of 
Columbia Credit Unions Act prior to its conversion, which does 
not conform to the requirements of the Federal Credit Union 
Act and is still outstanding at the time of conversion, shall be 
liquidated at or before its maturity or, if it has no maturity date, 
in a prudent manner and within a reasonable period of time; 
and 
(3) a credit union converting pursuant to this Act shall submit 
propoped bylaws to the Director for his approval after its con-
version, but not later than thirty days following its next 
annual meeting or six months after the enactment of this Act, 
whichever is later: Provided, 
That any existing bylaw incon-
sistent with any other requirements of the Federal Credit l^nion 
Act shall be deemed null and void. 
SE(\ 4. P^fTective thirty days after enactment of this Act, the 
District of Columbia Oedit I'nions Act (47 Stat. 326), as amended, 
is repealed and all organization certificates issued thereunder and 
still m force are revoked. 
Approved August 1, 1964. • 
D.C. credit 
unions. 
Conversion to 
Federal status. 
D.C. Code 
26-501. 
73 Stat. 628. 
Approval. 
Conditions. 
12 u s e 1751. 
Repeal.