16 U.S.C. § 619 — Emergency stumpage rate redeterminations in Alaska

(a) Application; applicable period Emergency stumpage rate redetermination must 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 of it must 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 must not apply to contracts held by the holders of 50-year timber sale contracts in Alaska.