19 § 2432
TRADE ACT OF 1974
Ch. 12
such authority, such authority shall cease to be effective with respect to such country at the end of such 18-month period; or (C) one House fails to pass such a concurrent resolution and the other House passes such a concurrent resolution which names such country as being excluded from such authority, such authority shall cease to be effective with respect to such country at the end of such 18-month period.
(3) If the President recommends under paragraph (1) the exten- sion of the waiver authority granted by subsection (c)(1) of this section, and at the end of the 18-month period referred to in subsec- tion (c)(1) of this section the House of Representatives and the Senate have not adopted a concurrent resolution approving the ex- tension of such authority and subparagraph (A) of paragraph (2) does not apply, such authority shall continue in effect for a period of 60 days following the end of such 18-month period with respect to any country (except for any country with respect to which such authority was not extended by reason of the application of subpara- graph (B) or (C) of paragraph (2)), and shall continue in effect for a period of 12 months following the end of such 18-month period with respect to any such country if, before the end of such 60-day period, the House of Representatives and the Senate adopt, by an affirmative vote of a majority of the Members present and voting in each House and under the procedures set forth in section 2193 of this title, a concurrent resolution approving the extension of such authority, and such resolution does not name such country as being excluded from such authority. Such authority shall cease to be ef- fective with respect to any country named in such concurrent reso- lution on the date of the adoption of such concurrent resolution. If before the end of such 60-day period, a concurrent resolution ap- proving the extension of such authority is not adopted by the House and Senate, but both the House and Senate vote on the question of final passage of such a concurrent resolution and-
(A) both the House and the Senate fail to pass such a con- current resolution, the authority granted by subsection (c)(1) of this section shall cease to be effective with respect to all countries on the date of the vote on the question of final pas- sage by the House which votes last;
(B) both the House and the Senate pass such a concurrent resolution which names such country as being excluded from such authority, such authority shall cease to be effective with respect to such country at the end of such 60-day period; or
(C) one House fails to pass such a concurrent resolution and the other House passes such a concurrent resolution which names such country as being excluded from such authority, such authority shall cease to be effective with respect to such country at the end of such 60-day period.
240
Ch. 12
NONT NO
(4) If the Preside sion of the waiver section, and at the e (3) the House of Re concurrent resolutio subparagraph (A) of shall continue in eff ing the end of the 1 of this section with with respect to whic the application of s subparagraph (B) o of the 45-day period of Representatives o majority of the Mem der the procedures · tion disapproving th respect to such cour be effective with res by either House befo disapproving the ext effective with respec either House before disapproving the ext country.
(5) If the waiver tion has been extend for the 12-mouth pe President determine. will substantially pr ommend further ext month periods. Any
(A) be made such authority;
(B) be made i resentatives and mending the exte
(C) include, f granted under si termination that country will sub and a statement tion.
If the President reco ty, such authority sh month period followi with respect to any o
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