774 PUBLIC LAWS-CH. 493-AUG. 5, 1947 [61 STAT. [CHAPTER 493] AN ACT Aus. 11s94 To authorize leases of real or personal property by the War and Navy Departments, [Public Law 364] and for other purposes. Be it enacted by the Senate and House of Representatives of the war and Navy De- United States of America in Congress assembled, That whenever the Leaseofproperty. Secretary of War or the Secretary of the Navy shall deem it to be advantageous to the Government he is authorized to lease such real or personal property under the control of his Department as is not surplus to the needs of the Department within the meaning of the 560U. s . C. app. Act of October 3, 1944 (58 Stat. 765), and is not for the time required 111611-1646 . Ante, p. s78. for public use, to such lessee or lessees and upon such terms and con- ditions as in his judgment will promote the national defense or will Period of lease. be in the public interest. Each such lease shall be for a period not exceeding five years unless the Secretary of the Department concerned shall determine that a longer period will promote the national defense ight of first re- or will be in the public interest. The Secretary of the Department concerned may include, among other terms and conditions in the lease, a right of first refusal in the lessee to purchase the property in the event of the revocation of the lease in order to permit sale thereof by the Government, but this section shall not be construed as authorizing the sale of any property unless the sale thereof is otherwise authorized Revocationotlease. by law. Each such lease shall contain a provision permitting the Secretary of the Department concerned to revoke the lease at any time, unless the Secretary shall determine that the omission of such provision from the lease will promote the national defense or will be in the public interest. In any event each such lease shall be revocable by the Secretary of the Department concerned during a national emergency declared by the President. Notwithstanding section 321 of the Act of June 30, 1932 (47 Stat. 412; U. S . C ., title 40, sec. 303b), or any other provision of law, any such lease may provide for the maintenance, protection, repair, or restoration by the lessee, of the property leased or of the entire unit or installation where a substantial part thereof is leased, as a part or all of the consideration Payment for nt u - for the lease of such property. In the event utilities or services shall ,et. be furnished by the Department concerned to the lessee in connection with any lease, payments for utilities or services so furnished may be covered into the Treasury to the credit of the appropriation or appropriations from which the costs of furnishing any such utilities or services to the lessee was paid. Except as otherwise hereinabove provided, any money rentals received by the Government directly under any such lease shall be deposited and covered into the Treasury Nonappllcabilty. as miscellaneous receipts. The authority herein granted shall not Report to ongress. apply to oil, mineral, or phosphate lands. The Secretary of War or the Secretary of the Navy, as the case may be, shall submit to the Congress on the 1st day of January and the 1st day of July of each year, following the enactment of this law, a report of all leases entered into m accordance with the provisions of this Act. Repeais. SEC. 2. The Act of July 28, 1892, as amended (27 Stat. 321; 45 Stat. 988; U. S. C., title 40, sec. 303), is hereby repealed. So much of the Naval Appropriation Act of August 29, 1916, as is contained under the heading "Lease of Naval Lands", as amended (39 Stat. 559; 45 Stat. 990; U. S . C ., title 34. sec . 522), is hereby repealed. in certain plant etc. SE. 3. (a) Notwithstanding any other provision of law, all right, title, and interest of Reconstruction Finance Corporation in any plants or facilities, and the machinery, equipment, and other personal prop- erty accessory thereto, acquired by Defense Plant Corporation or Reconstruction Finance Corporation in accordance with authority
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