A Stat said Organic Act as interest an the qineunts made Secretary, according to deeins appropriate on the Sie 400 tat Subsection (bp of section Ab of the Revised Ovpanic Act G8 16.0) 15th, as amended, is futher of the Virgin Isaads ainended by numbering Che existing pausaaph “CN and by the whhition Ghercto of the following new piri “12) Subject to valid esa¢ing rights. tide to all praperty in the Virgin Islands which may have bren acquired by the United States TUFLE UY -WERGIN ISLANDS + bonds of othes oblipations be puarantees.” ary may lace such sige hations os he* the govesnineat of Guam and the Guan Power Authority. the and offset the amount af euch become due pursuant to any law withheld payments against any clin the United States may hive against (he gevesmment of Guam or (he Guan Power Authosity pursiand to this guarintee For the puapose of this Act, under section 4466 of the Revised Statutes GUUS €. 1b the team ‘perso’ inchades United States to the gavesnsuent of Guam which may be ar ma atlions may provide for the withholding of any payments from the Notwithstanding any other provision of law, Acts making appropel- (heie gespoctive inferests, uch vopaid amounts from sams collected tnd payable pursnant do section 30 of this Act GH USC. b20ho pay te the Federal Flaancing Bank on the of the Caan Power Authority issued to aclinance the principal amound of the obligations puaranteed under the filth sentence of this section The obligations that refinance such principal amount shall mature oot later than December 34, 1990, and shall bear interest ata vate dedermined in accordance with section 6 of the Federal Pinaneings Bank ActelZurs ©. 22K6) Should the Guam Power Authority tail to pay in full any Installment of inlerest or principal whea duc on the bonds or other obligations gaaranteed under this section, the Se Secretary shatl dedact and tiny of the Treasury. upon vetice from the FinanciaBaok; and such bank is authorized ta purchase, obligutions Secretary of the Treasury, guarantee far purchase by the Federal section by December Jt, (880, nny, with the concurrence of the bevnnggenangee. “The Secretary, apon detesmining that the Guam Power Authorily is unable (oaefinance oa reasonable terms the obldaations purchased by the Federal Finaseiag Bank ander the fifth sentence of Chis the words “December 31, 1980") and substituting, the following Sree et Section tT of the Organic Act of Guin (it Stat KT, 48 USC (etal as amended, is hereby aiaended hy deleting all after Aton advanced by dhe Vodtod States andes this Act. available (othe government of Gaam pursuant to Chia Act shall be Credited as cetinbursement payments hy Gana on the principal nection SO of the before section 4 and ines! in lien thereol. “AU amounts heretofore withheld fron suas collected pursuant to (alter pacageaph (eo) of section |, delete the diast parcageaph Jedaow.”” aad the rchibilitation of Guam, and for other purposes, is hereby amended ns follows: CV) ig the fies sentence of section 3, delete the comma after “United States ad delete (he words “wath jnatesest as set forth nec 302 The Act of November 4, 164 (77 Stat $02), to provide for PUSE ALAW i205 - MAIO 12, OKO v ’ cservedianetained by the United States in accordance with the ri anion Demnak aides the Cooveation entered into August 16, 1916, Peo nene abl sedin Authoatty, ace Dawes POUC bbth HEE. KR MAR TA, bKo I proposed Saint Crebc aemary upon payment by the OH UI DOE? Wratee Unboared peop ety WA STAT. Ko ole aole tages Baciee aR GS O8T4 Thomas, Viggio [stands do the 28D) ol the Revised Osyaimis Actol the Virpun Dstiends 7. wise he paid to the povermment of the Virgin Ushands wander section requisite nniounts fram moneys wader bis Canteal that would othes- Islands’ nating: such sepayanent, Che Seceetary shadl deduct the interest Should there be any delay in the goverment of the Vigin thlands parsaané to this section shall be cepaid imauediately by Che poveriiment of the Virgin bdinds te the fenders with (he ayaced upon bonds or other obliations issaed by the pavernancat of the Visgin may he obligated by the goverment of the Virgin bilaads after October 1, VEAfter October 1, VORA, niny cabibipated proceeds a haticipation of vevenue receipts aud to authorize the guarantee of tuch bonds iy the United States ander ¢pecitied conditions, and lor ether pis poses” (0 Stat HG, Puldic haw OP G2 ARTES CPTI is hniended by stoikdng oud the dist seatence and insesting ta lieu thereof the Collowing language: “No comiuiliaent ta guarantee aie he issued by the Secretary, and oo poarantoed hut anotdigated Hands authorize the povernment of the Virgin Istandts ta issae bonds in Sre 407 Subsection G) ef section 2 of the Act eatitled “An Act to is located), 42 EB Nowe Gade, St Cocevnient of Che Virgin ishands United States in and to the property known as the farmer District Court Hoilding Giachadiag the parcel of land apon which said bailing AOAING Tih? Heneds, ismeresee Prieta 0 See 406 Not fater than two years after the diate of enactment of Huitdon g Adusinisteation Services General the of Adininistrator the Act, this 1 ty. the of interest and shall convey, without consideration, all ight, title, See 405) Any excise taxes levied by the Legislative of (he Virgin Islands may be levied and collected as the Lepistiture of the Virgin Islands may direct as sean as the aaticles, goods, merchandise, und commadities subject ta said tas are brought into the Virgin Pelands AKT, 1dis hereby repealed. ; sion of baw” s Ake gos sof (hd The parngeaph entitled “US Castoms Service” invelvin the coller (iow of customs duties inthe Virgin tslands in the Act at duly 25, WI Stet 122 1974, is hereby repealed 4K UKM 16420 See 404 Subsection ay af section 4 of Public Law 95 4H (02 Stal PRUE BON 92 Seat 447 nat te the Act af August 8, 1978, shall be immediately semitled to the ‘Poeasary of the Virgin Istinds watwithstandingg any athed provi wliributable fas certified hy the Comptroller of the Virgin ds Hands) to the importation of petroleum products uotil Janay Ot, WORE. Pa. prided. That any other retained costs not heretofo remitted passe: after the words “and aaterale Virgin Ihends is amended by inserting: ration fees callected in the Virgin bdands,” the foflowing, “tess (he cost of collecting such duties, taxes nnd feces os may he ducetly See 40 (ad Subsection 2Rta) of the Revised Orgone Act of the Conyuess. ates is a party may be entered inte below Te antess seach extension, renewal, oF benegediation 1s specuically approved by Act of Coscdsage prin ipesed cdse cas fovernment of the Virgin [stands af (he oud pied fen acees See 402) Noextension, renewal, or rencotiation of (he lease of real waperty on Water Istaad in the Varin tlands do which the Ghiited linn at inortpape dated damiary 26 ME piven hs the: fronee to nt af the Virgin bsbands to Che Adiamistiaton of Che Gone nad Geevieen Achansaas approximately fen acces of such aen tye ped Vind dos constige: tration, provisions af Public Law Gb HSCF Stat Enis hereby transfered , tothe Virgin Islands government.” (hd The General Seavices Administiation hath release fron the PURLIC LAW $6 van