Section 1878m, Pub. L. 86–482, §§ 1, 2, June 1, 1960, 74 Stat. 153, authorized extension of loan of one destroyer to Government of Republic of China (originally authorized by sections 1878 to 1878d of this Appendix), subject to appropriate terms and conditions, and authorized promulgation of rules and regulations.

Section 1878n, Pub. L. 86–482, § 3, June 1, 1960, 74 Stat. 153, limited extension of loans to a five year period terminable earlier because of defense requirements of United States.

Section 1878o, Pub. L. 86–482, § 4, June 1, 1960, 74 Stat. 153, required Secretary of Defense to determine extension of loans to be in best interest of United States and to report extensions to Congress.

Section 1878p, Pub. L. 86–482, § 5, June 1, 1960, 74 Stat. 153, authorized loan of one submarine to Canadian Government for a five year period and extension of the loan for a similar period, required the Canadian Government to pay for activation expenses, and prescribed Dec. 31, 1961, as termination date for executive exercise of submarine transfer authority under this section.