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Power Authority will not meet its obligation to pay interest,
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the Secretary shall request the Secretary of the Treasury to
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deduct such payments from sumscollected and paid to the
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government of Guam pursuant to section 30 of this Act (48
OD
U.S.C. 142th). Should the guarantees be extended beyond
a1
December 1, 1980, (1) the Secretary of the Treasury shall
mam
automatically deduct (and pay to the Federal Financing
eo
Bank) such payment of principal from sumscollected and
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paid to the government of Guam pursuant to section 30 of
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this Act, and (2) Guam Power Authority payments of princi-
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pal and interest shall be paid to the government of Guam.”’.
TITLE TV—VIRGIN ISLANDS
RP
Sec. 401. Subsection (f) of section 2 of the Actentitled
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“An Act to authorize the government of the Virgin Islands
NAD
eet
determines, before December 31, 1980, that the Guam
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10
to issue bonds in anticipation of revenue receipts and to au-
ODO
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Virgin Islands (48 U.S.C. 1642 et seq.) is amended by
adding at the end thereof the following new subsection:
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BRN
ND
He
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SEC. 402. Section 28 of the Revised Organic Act of the
ND
“1979” and inserting in lieu thereof “1989”.
NM
1193; Public Law 94-392) is amended by striking out
BO
under specified conditions, and for other purposes’’ (90 Stat.
OC
thorize the guarantee of such bonds by the United States
““e)(1) The Secretary of the Treasury shall administer
and enforce the collection of all customs duties derived from