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U.S. Code as of:
01/19/04
Section 831s. Possession by Government in time of war; damages to contract holders
The Government of the United States reserves the right, in case
of war or national emergency declared by Congress, to take
possession of all or any part of the property described or referred
to in this chapter for the purpose of manufacturing explosives or
for other war purposes; but, if this right is exercised by the
Government, it shall pay the reasonable and fair damages that may
be suffered by any party whose contract for the purchase of
electric power or fixed nitrogen or fertilizer ingredients is
violated, after the amount of the damages has been fixed by the
United States Court of Federal Claims in proceedings instituted and
conducted for that purpose under rules prescribed by the court.
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