Executive Order 10493—Delegating Certain Functions of the President to the Administrator of the Small Business Administration

By virtue of the authority vested in the President by section 301 of title 3 of the United States Code, the Small Business Act of 1953 (Public Law 163, 83d Congress; 67 Stat. 239), and the Defense Production Act of 1950 (64 Stat. 798), as amended, it is ordered as follows:

SECTION 1. The functions conferred upon the President by section 217 of the Small Business Act of 1953 are hereby delegated to the Administrator of the Small Business Administration and shall be carried out as provided in the said section 217.

SEC. 2. There is hereby delegated to the Administrator of the Small Business Administration so much of the functions conferred upon the President by section 708 of the Defense Production Act of 1950, as amended, as is necessary to effect changes in the composition of, or to take other action respecting voluntary agreements and programs relating to, small-business production pools approved prior to July 31, 1953, pursuant to the said section 708: Provided, That this section shall not be construed as limiting the authority of the Director of the Office of Defense Mobilization under Executive Order No. 10480 of August 14, 1953 (18 P. R. 4939). The functions delegated to the Administrator by this section shall be carried out as provided in section 708 of the Defense Production Act of 1950, as amended.

SEC. 3. Without prejudice to any action taken-thereunder. Executive Order No. 10370 of July 7, 1952 (17 F. R. 6141), is hereby revoked.

DWIGHT D. EISENHOWER

THE WHITE HOUSE,

October 14, 1953.