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U.S. Code as of:
01/19/04
Section 647. Duplication of activities of other Federal departments or agencies
(a) General prohibition; exception
The Administration shall not duplicate the work or activity of
any other department or agency of the Federal Government,,(!1) and
nothing contained in this chapter shall be construed to authorize
any such duplication unless such work or activity is expressly
provided for in this chapter. If loan applications are being
refused or loans denied by such other department or agency
responsible for such work or activity due to administrative
withholding from obligation or withholding from apportionment, or
due to administratively declared moratorium, then, for purposes of
this section, no duplication shall be deemed to have occurred.
(b) Definitions
As used in this chapter -
(1) "agricultural enterprises" means those businesses engaged
in the production of food and fiber, ranching, and raising of
livestock, aquaculture, and all other farming and agricultural
related industries; and
(2) "credit elsewhere" means the availability of sufficient
credit from non-Federal sources at reasonable rates and terms,
taking into consideration prevailing private rates and terms in
the community in or near where the concern transacts business for
similar purposes and periods of time.
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