ee Mar. 12 Sec. 302. The Act of November4, 1963 (77 Stat. 302), to provide for the rehabilitation of Guam, and for other ‘purposes,. is hereby amendedas follows: - (1) in the first sentence of section 3, delete the comma after “United States”’ and delete the words “with interest as set forth below,” and’) 7 (2) after paragraph (c) of section’ 3, delete the last paragraph 48 USC 1421h. before section 4 and insert in heu thereof: “All amounts heretofore withheld from sums collected‘pursuant to section 30 of the said. Organic Act as interest on the amounts made available to the government of Guam pursuant to this Act shall be credited as reimbursement payments by Guam on the principal amount advanced by the United States under this Act.”. Sec. 303. Section 11 of the Organic Act of Guam (64 Stat. 387; 48 U.S.C. 1423a), as amended,is hereby amended by deleting all after the words “December 31, 1980.", and substituting the following Guam Power Authority, refinancing obligations. language: “The Secretary,upon ‘determining that the Guam Power Authority is unable to refinance on reasonable terms the obligations purchased by the Federal Financing Bank under the fifth sentence of this section by December 31, 1980, may, with the concurrence of the Secretary of the Treasury, guarentee for purchase by the Federal! Financing Bank; and such bankis authorized to purchase, obligations of the Guam Power. ‘Authority issued to refinance the principal amount of the obligations guaranteed underthefifth sentence of this section. The obligations that refinance such principal amount shall mature not later than December 31, 1990, and shall bear interest ata rate determined in accordance with section 6 of the Federal Financing Bank Act (12 U.S.C. 2285). Should the Guam Power Authority fail _to pay in full any installment of interest or principal when due on the bonds or other obligations guaranteed underthis section, the Secre- tary of the Treasury, upon notice from the Secretary shall deduct and pay to the Federal Financing Bank or the Secretary, according to their respective interests, such unpaid amounts from sums collected and payable pursuant to section 30 of this Act (48 U.S.C. 1421h). Notwithstanding any other provision of law, Acts making appropri- ations may provide for the withholding of any payments from the United States to the government of Guam which may be or may 7 = + become due pursuant to any law and-offset the amount of such _ % at withheld payments against any claim the United States may have i a . “Person.” £ against the government of Guam or the Guam Power Authority pursuant to this guarantee. For the purpose of this Act, under section 3466 of the Revised Statutes (31 U.S.C. 191) the term ‘person’ includes the government of Guam and the Guam Power Authority. The Secretary mayplace suchstipulationsas he deems appropriate on the led es Hy 5 bonds or“other obligations he guarantees,” A gp (ts oh “ae “ Sec. 401. (a) Subsection (b) of section 31 of the Revised Organic Act of the Virgin Islands (48 U.S.C. 1543(b)), as amended, is further amended by numbering the existing paragraph “(” and by the transfer. 39 Stat. 1706, addition thereto of the following new paragraph: ‘(2) Subject to valid existing rights, title to all property in the Virgin Islands which may have been acquired by the United States from Denmark under the Convention entered into August 16, 1916, not reserved or retained by the United States in accordance with the 94 STAT. 88 a8 van + SeatSeige at ons ™ “ w Pa - -* vO eo. tet A hee <a ete Seo “ ¥ Mar. 12 provisions to the Vir; . (b) The mortgage Virgin Isle tration, ap tion. of th governme! such ten ac Sec. 402. Property 0 States 1s extension, Congress. Sec. 403 Virgin Isla zation fees cost of co! attributab! the import vided, Tha ant to the the Treasu sion of law, (b) The | collection c 1979, is her Sec. 404. 457, 491)is Sec. 405. Islands ma Islands ma commoditi: Sec. 406. this Act, tl shall conve United Sta Court Builk is located), Governmer Sec. 107. authorize t anticipatio such bonds other, purpx amended t thereof the “TITLE IV—VIRGIN ISLANDS» Property LN den yin ee LAWS OF 96th CONG.—Ist SESS. P.L, 96-205 Le et hemp. ape area oe ap oe be issued b: may be ob October 1, bonds or o: Islands pur governmen Interest. Sk Istands’ m: requisite ar wise be pai 28(b) of the