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     (b) To expedite or expand production and deliveries or services
under government contracts for the procurement of industrial resources
or critical technology items essential to the national defense, each
agency head may make direct loans from funds appropriated to their
agency for Title III.

     (c) After receiving a loan application and determining that
financial assistance is not otherwise available on reasonable terms, the
Secretary of the Treasury or the President and Chairman of the
Export-Import Bank of the United States (in cases involving capacity
expansion, technological development, or production in foreign
countries) may make loans, subject to provisions of section 302 of the
Act.

     Sec. 303.  Purchase Commitments.  (a) In order to carry out the
objectives of the Act, and subject to the provisions of section 303
thereof, an agency head is authorized to make provision for purchases
of, or commitments to purchase, an industrial resource or a critical
technology item for government use or resale.

     (b) Materials acquired under section 303 of the Act that exceed the
needs of the programs under the Act may be transferred to the National
Defense Stockpile, if such transfer is determined by the Secretary of
Defense as the National Defense Stockpile Manager to be in the public
interest.

     Sec. 304.  Subsidy Payments.  In order to ensure the supply of raw
or non-processed materials from high-cost sources, an agency head is
authorized to make subsidy payments, after consultation with the
Secretary of the Treasury and the Director, OMB, and subject to the
provisions of section 303(c) of the Act.

     Sec. 305.  Determinations and Findings.  When carrying out the
authorities in sections 301 through 303 of this order, an agency head is
authorized to make the required determinations, judgments, statements,
certifications, and findings, in consultation with the Secretary of
Defense, Secretary of Energy or Director, FEMA, as appropriate.  The
agency head shall provide a copy of the determination, judgment,
statement, certification, or finding to the Director, OMB, to the
Director, FEMA, and, when appropriate, to the Secretary of the Treasury.

     Sec. 306.  Strategic and Critical Materials.  (a) The Secretary of
the Interior, in consultation with the Secretary of Defense as the
National Defense Stockpile Manager and subject to the provisions of
section 303 of the Act, is authorized to encourage the exploration,
development, and mining of critical and strategic materials and other
materials.

     (b) An agency head is authorized, pursuant to section 303(g) of the
Act, to make provision for the development of substitutes for strategic
and critical materials, critical components, critical technology items,
and other industrial resources to aid the national defense.

     (c) An agency head is authorized, pursuant to section 303(a)(1)(B)
of the Act, to make provisions to encourage the exploration,
development, and mining of critical and strategic materials and other
materials.