                        TITLE 19--CUSTOMS DUTIES
 
                      CHAPTER 4--TARIFF ACT OF 1930
 
           SUBTITLE IV--COUNTERVAILING AND ANTIDUMPING DUTIES
 
          Part III--Reviews; Other Actions Regarding Agreements
 
   subpart b--consultations and determinations regarding quantitative 
                         restriction agreements
 
Sec. 1676. Required consultations


(a) Agreements in response to countervailable subsidies

    Within 90 days after the administering authority accepts a 
quantitative restriction agreement under section 1671c(a)(2) or (c)(3) 
of this title, the President shall enter into consultations with the 
government that is party to the agreement for purposes of--
        (1) eliminating the countervailable subsidy completely, or
        (2) reducing the net countervailable subsidy to a level that 
    eliminates completely the injurious effect of exports to the United 
    States of the merchandise.

(b) Modification of agreements on basis of consultations

    At the direction of the President, the administering authority shall 
modify a quantitative restriction agreement as a result of consultations 
entered into under subsection (a) of this section.

(c) Special rule regarding agreements under section 1671c(c)(3) of this 
        title

    This chapter shall cease to apply to a quantitative restriction 
agreement described in section 1671c(c)(3) of this title at such time as 
that agreement ceases to have force and effect under section 1671c(f) of 
this title or violation is found under section 1671c(i) of this title.

(June 17, 1930, ch. 497, title VII, Sec. 761, as added Pub. L. 98-573, 
title VI, Sec. 611(a)(4), Oct. 30, 1984, 98 Stat. 3031; amended Pub. L. 
103-465, title II, Sec. 270(a)(1)(I), (b)(1)(C), (2), Dec. 8, 1994, 108 
Stat. 4917.)


                               Amendments

    1994--Subsec. (a). Pub. L. 103-465, Sec. 270(b)(1)(C), (2), inserted 
``countervailable'' before ``subsidies'' in heading.
    Subsec. (a)(1), (2). Pub. L. 103-465, Sec. 270(a)(1)(I), inserted 
``countervailable'' before ``subsidy''.


                    Effective Date of 1994 Amendment

    Amendment by Pub. L. 103-465 effective, except as otherwise 
provided, on the date on which the WTO Agreement enters into force with 
respect to the United States [Jan. 1, 1995], and applicable with respect 
to investigations, reviews, and inquiries initiated and petitions filed 
under specified provisions of this chapter after such date, see section 
291 of Pub. L. 103-465, set out as a note under section 1671 of this 
title.


                             Effective Date

    Section applicable with respect to investigations initiated by 
petition or by the administering authority under parts I and II of this 
subtitle, and to reviews begun under section 1675 of this title, on or 
after Oct. 30, 1984, see section 626(b)(1) of Pub. L. 98-573, as 
amended, set out as an Effective Date of 1984 Amendment note under 
section 1671 of this title.
