Editorial Notes Codification Section, acts Oct. 14, 1940, ch. 862, title III, § 301, formerly § 4, 54 Stat. 1127 ; renumbered title III, § 301, and amended June 28, 1941, ch. 260, § 4(a), 55 Stat. 363 ; Apr. 10, 1942, ch. 239, § 1, 56 Stat. 212 , which provided that when President declared that emergency declared by him on Sept. 8, 1939 , ceased to exist, the authority contained in sections 1521 , 1532 , 1561 , and 1562 of this title terminate and that property acquired or constructed under subchapters II to VII of this subchapter be disposed of as promptly as advantageous under circumstances and in public interest, was omitted pursuant to act July 3, 1952, ch. 570, § 1(a)(12), 66 Stat. 332 , as amended by act Mar. 31, 1953, ch. 13, § 1, 67 Stat. 18 , which provided that this section continue in force until six months after the national emergency proclaimed by the President on Dec. 16, 1950 by Proc. No. 2914, 15 F.R. 9029 , 64 Stat. a . 454, set out as a note preceding section 1 of Title 50 , War and National Defense, or on such earlier date or dates as approved by Congress , but in no event beyond July 1, 1953 .