Small Business Administration and Investment Act with Amendments, 1953-1964

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U.S. Government Printing Office, 1964 - Small business - 85 pages

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Page 14 - It Is the policy of the Government as declared by the Congress that a fair proportion of the purchases and contracts for supplies and services for the Government be placed with small business concerns.
Page 26 - No commissioner shall engage in any other business, vocation, or employment...
Page 30 - Act, as amended, is amended — (1) by striking out the period at the end of "paragraph (5)" and inserting in lieu thereof " ; and" ; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Page 1 - Act, a small business concern shall be deemed to be one which Is independently owned and operated and which is not dominant in its field of operation.
Page 1 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business, and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security of this Nation.
Page 36 - Corporation or any other body politic or corporate, or any individual, or to deceive any officer, auditor, or examiner...
Page 29 - ... of the antitrust laws or the Federal Trade Commission Act of the United States. A copy of each such request intended to be within the coverage of this section, and any modification or withdrawal thereof, shall be furnished to the Attorney General and the Chairman of the Federal Trade Commission when made, and it shall be published in the Federal Register unless publication thereof would, in the opinion of the President, endanger the national security.
Page 15 - ... in accordance with the criteria expressed in this Act. Any such certificate shall be subject to revocation when the concern covered thereby ceases to be a "small business concern." Offices of the Government having procurement or lending powers, or engaging in the disposal of Federal property or allocating materials or supplies, or promulgating regulations affecting the distribution of materials or supplies, shall accept as conclusive the Administration's determination as to which enterprises...
Page 14 - Administration and the procurement officer; and (2) To arrange for the performance of such contracts by negotiating or otherwise letting subcontracts to small-business concerns or others for the manufacture, supply, or assembly of such articles, equipment, supplies, or materials, or parts thereof, or servicing or processing in connection therewith, or such management services as may be necessary to enable the Administration to perform such contracts.

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