50 U.S.C. § 1601 : US Code - Section 1601: Termination of existing declared emergencies

Search 50 U.S.C. § 1601 : US Code - Section 1601: Termination of existing declared emergencies

(a) All powers and authorities possessed by the President, any
other officer or employee of the Federal Government, or any
executive agency, as defined in section 105 of title 5, as a result
of the existence of any declaration of national emergency in effect
on September 14, 1976, are terminated two years from September 14,
1976. Such termination shall not affect -
(1) any action taken or proceeding pending not finally
concluded or determined on such date;
(2) any action or proceeding based on any act committed prior
to such date; or
(3) any rights or duties that matured or penalties that were
incurred prior to such date.
(b) For the purpose of this section, the words "any national
emergency in effect" means a general declaration of emergency made
by the President.