Pub. L. 93-492, tit. I, sec. 105

COST INFORMATION.

EnactedYear: 1974Length: 352 wordsOfficial source
SEC. 105. COST INFORMATION. The National Traffic and Motor Vehicle Safety Act of 1966 (as amended by section 102) is further amended by inserting after section 112 the following: “Sec. 113. (a) Whenever any manufacturer opposes an action of the Secretary under section 103, or under any other provision of this Act, on the ground of increased cost, the manufacturer shall submit such cost information (in such detail as the Secretary may by regulation or order prescribe) as may be necessary in order to properly evaluate the manufacturer’s statement. The Secretary shall thereafter promptly prepare an evaluation of such cost information. “(b)(1) Subject to paragraph (2), such cost information together with the Secretary’s evaluation thereof, shall be available to the public. Notice of the availability of such information shall be published in the Federal Register. “(2) If the manufacturer satisfies the Secretary that any portion of such information contains a trade secret or other confidential matter, such portion may be disclosed to the public only in such manner as to preserve the confidentiality of such trade secret or other confidential 88 Stat. 1481matter, except that any such information may be disclosed to other officers or employees concerned with carrying out this title or when relevant in any proceeding under this title. Nothing in this subsection shall authorize the withholding of information by the Secretary or any officer or employee under his control, from the duly authorized committees of the Congress. “(c) For purposes of this section, the term ‘cost information’ means information with respect to alleged cost increases resulting from action by the Secretary, in such form as to permit the public and the Secretary to make an informed judgment on the validity of the manufacturer’s statements. Such term includes both the manufacturer’s cost and the cost to retail purchasers. “(d) The Secretary is authorized to establish rules and regulations prescribing forms and procedures for the submission of cost information under this section. “(e) Nothing in this section shall lie construed to restrict the authority of the Secretary to obtain, or require submission of, information under any other provision of this Act.”
Pub. L. 93-492, tit. I, sec. 105: COST INFORMATION. | Justis AI