Sec. 206. TRANSFER OF BARTERED MATERIALS TO SUPPLEMENTAL STOCKPILE
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## Sec. 206 TRANSFER OF BARTERED MATERIALS TO SUPPLEMENTAL STOCKPILE **[**[7 U.S.C. 1856](/us/usc/t7/s1856)**]** ###
(a)Strategic and other materials acquired by the Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products, unless acquired for the national stockpile established pursuant to the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98–98h) or for other purposes shall be transferred to the supplemental stockpile established by section 104(b) of the Food for Peace Act (7 U.S.C. 1704); but no strategic or critical material shall be acquired by the Commodity Credit Corporation as a result of such barter or exchange, except for such national stockpile, for such supplemental stockpile, for foreign economic or military aid or assistance programs, or for offshore construction programs, or to meet requirements of government agencies. ### (b)206–1 * * * 206–1Subsection
(b)which provided that strategic materials acquired by the Commodity Credit Corporation as a result of barter or exchange of agricultural commodities or products may be entered or withdrawn from warehouse free of duty, was repealed by the Act of May 24, 1962, P.L. 87–456, 76 Stat. 78. ###
(c)In order to reimburse the Commodity Credit Corporation for materials transferred to the supplemental stockpile there are hereby authorized to be appropriated amounts equal to the value of any materials so transferred. The value of any such materials for the purpose of this subsection, shall be the lower of the domestic market price or the Commodity Credit Corporation's investment therein as of the date of such transfer, as determined by the Secretary of Agriculture.
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- 50 USC 98–98h
- 76 Stat. 78
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Sec. 206
TRANSFER OF BARTERED MATERIALS TO SUPPLEMENTAL STOCKPILE
Cite50 USC 98–98h
Stat.76 Stat. 78
Cites 4Cited by 0 across 0 sources