SUSPENSION OF 2 CENTS PER POUND ADDITIONAL processing TAX ON COCONUT OIL.

SEC. 304. SUSPENSION OF 2 CENTS PER POUND ADDITIONAL processing TAX ON COCONUT OIL.The authority contained in paragraph 5 of article IV of the revised agreement to suspend the provisions of section 4511 (b) of the internal Revenue Code of 1954 may be exercised by the President by proclamation.