If any provision of this subchapter, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this subchapter, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby. (July 5, 1935, ch. 372, § 16, 49 Stat. 457 ; June 23, 1947, ch. 120, title I, § 101, 61 Stat. 151 .) Editorial Notes Amendments 1947—Act June 23, 1947 , amended section generally by inserting new subject matter which was formerly covered by section 165 of this title . Section formerly referred to short title of chapter, see section 167 of this title . Statutory Notes and Related Subsidiaries Effective Date of 1947 Amendment For effective date of amendment by act June 23, 1947 , see section 104 of act June 23, 1947 , set out as a note under section 151 of this title .