16 U.S.C. § 619 : US Code - Section 619: Emergency stumpage rate redeterminations in Alaska

Search 16 U.S.C. § 619 : US Code - Section 619: Emergency stumpage rate redeterminations in Alaska

(a) Application; applicable period
Emergency stumpage rate redetermination shall be made upon the
written application of the purchaser of National Forest timber in
Alaska, bid after January 1, 1974, and rates established as a
result thereof shall be effective for timber scaled during a period
between January 1, 1981, and five years from October 16, 1984.
(b) Competitive effect of modification of contracts
In making the emergency rate redeterminations the Secretary may
modify existing contract terms, including the amount of the bid
premium, in order to provide rates which will permit the holders of
contracts bid after January 1, 1974, to be competitive with other
purchasers of National Forest timber.
(c) Excepted contracts
The provisions of this section shall not apply to contracts held
by the holders of 50-year timber sale contracts in Alaska.