43 U.S.C. § 493 — Operation charges; date of payment; discount; advance payment

submitted 112 years ago by ch. 247 to r/title-43-PUBLIC-LANDS · 178 words · no verdicts yet

in plain englishAI-generated · not legal advice

Operation and maintenance charges for older projects are due on dates set by the Secretary, with a 5-percent discount for timely payment. New or adjusted project agreements generally must require advance payment.

For projects existing before December 5, 1924, operation and maintenance charges are due on the date the Secretary of the Interior sets for each project. If paid on or before that date, the payer receives a discount of 5 percent of the charge. Contracts for new projects and new project divisions approved after December 5, 1924, must require all operation and maintenance charges to be paid in advance. When care, operation, and maintenance of a project or division are transferred to water users, the contract must require advance payment. When water charges are adjusted under the sections listed in this section, the adjustment contract must require all later operation and maintenance charges to be paid in advance.

the actual law source: uscode.house.gov ↗public domain

All operation and maintenance charges upon projects existing prior to December 5, 1924, shall become due and payable on the date fixed for each project by the Secretary of the Interior, and if such charge is paid on or before the date when due there shall be a discount of 5 per centum of such charge.

All contracts providing for new projects and new divisions of projects approved after December 5, 1924, shall require that all operation and maintenance charges shall be payable in advance. In each case where the care, operation, and maintenance of a project or division of a project are transferred to the water users the contract shall require the payment of operation and maintenance charges in advance. Whenever an adjustment of water charges is made under sections 371, 376, 377, 412, 417, 433, 438,1 462, 463,1 466, 467,1 473,1 474,1 478, 493, 494, 500, 501 and 526 of this title the adjustment contract shall provide that thereafter all operation and maintenance charges shall be payable in advance.

Source credit: (Aug. 13, 1914, ch. 247, § 6, 38 Stat. 688; Dec. 5, 1924, ch. 4, § 4, subsec. N, 43 Stat. 704.)

history & why it existsrecord from the source credit

1914Enacted · Act of Aug. 13, 1914, ch. 247 · 38 Stat. 688
1924Amended · Act of Dec. 5, 1924, ch. 4 · 43 Stat. 704

A history note hasn’t been published yet. The record shows enactment by ch. 247 on 1914-08-13.

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