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APPENDIX I 1-17
<br />herein otherwise provided: Provided, however, That the Secretary of the Interior may, in his discretion, enter
<br />into contracts of lease of a unit or units of any Government -built plant, with right to generate electrical energy,
<br />or, alternatively, to enter into contracts of lease for the use of water for the generation of electrical energy as
<br />herein provided, in either of which events the provisions of section 5 of this Act relating to revenue, term,
<br />renewals, determination of conflicting applications, and joint use of transmission lines under contracts for the
<br />sale of electrical energy, shall apply. f
<br />The Secretary of the Interior shall prescribe and enforce rules and regulations conforming with the re-
<br />quirements of the Federal Water Power Act, so far as applicable respecting maintenance of works in condi-
<br />tion of repair adequate for their efficient operation, maintenance of a system of accounting, control of rates
<br />and service in the absence of State regulation or interstate agreement valuation for rate - making purposes,
<br />transfers of contracts, contracts extending beyond the lease period, expropriation of excessive profits, recap-
<br />.
<br />ture and /or emergency use by the United States of property of lessees, and penalties for enforcing regula-
<br />tions made under this Act of penalizing failure to comply with such regulations or with the provisions of this
<br />Act. He shall also conform with other provisions of the Federal Water Power Act and of the rules and regula-
<br />tions of the Federal Power Commission, which have been devised or which may be hereafter devised, for the
<br />protection of the investor and consumer.
<br />The Federal Power Commission is hereby directed not to issue or approve any permits or licenses under j
<br />said Federal Water Power Act upon or affecting the Colorado River or any of its tributaries, except the Gila
<br />River, in the States of Colorado, Wyoming, Utah, New Mexico, Nevada, Arizona, and California until this -
<br />Act shall become effective as provided in section 4 herein.
<br />SEC. 7. That the Secretary of the Interior may, in his discretion, when repayments to the United States of
<br />all money advanced, with interest, reimbursable hereunder; shall have been made, transfer the title to said
<br />canal and appurtenant structures, except the Laguna Dam and the main canal and appurtenant structures
<br />down to and including Syphon Drop, to the districts or other agencies of the United States having 'a beneficial
<br />interest therein in-pro-portion to their respective capital investments under such form of organization as may
<br />be acceptable to him. The said districts or other agencies shall have the privilege at any time of utilizing by P
<br />contract or otherwise such power possibilities as may exist upon said canal, in proportion to their respective
<br />contributions or obligations toward the capital cost of said canal and appurtenant structures from and in-
<br />cluding the diversion works to the point where each respective power plant may be located. The net proceeds
<br />from any power development on said canal shall be paid into the fund and credited to said districts or other
<br />agencies on their said contracts, in proportion to their rights to develop power; until the districts or other
<br />agencies using said canal shall have paid thereby and under any contract or otherwise an amount of money
<br />equivalent to the operation and maintenance expense and cost of construction thereof.
<br />SEC. 8. (a) The United States, its permittees, licensees, and .contr&tees, and all users_ and appropriators of
<br />water stored, diverted, carried, and /or distributed by the reservoir, canals, and other works herein author-
<br />ized, shall observe and be subject to and controlled by said Colorado River compact in the construction,
<br />management, and operation of said reservoir, canals,, and other works and the storage, diversion, delivery,
<br />and use of water for the generation of power, irrigation, and other purposes, anything in this Act to the con-
<br />trary notwithstanding, and all permits, licenses, and contracts shall so provide.
<br />(b) Also the United States, in constructing, managing, and operating the dam, reservoir, canals, and other
<br />works herein authorized, including the appropriation, delivery, and use of water for the generation of power,
<br />irrigation, or other uses, and all users of water thus delivered and all users and appropriators of waters stored
<br />by said reservoir and /or carried by said canal, including all permittees and licensees of the United States or
<br />any of its agencies, shall observe and be subject to and controlled, anything to the contrary herein not-
<br />withstanding, by the terms of such compact, if any, between the States of Arizona, California; and Nevada,
<br />or any two thereof, for the equitable division of the benefits, including power; arising from the use of water
<br />accruing to said States, Subsidiary to and consistent with. said Colorado River compact, which may be
<br />negotiated and approved by said States and to which Congress shall give its consent and approval on or
<br />before January 1, 1929; and the terms of any such compact concluded between said States and approved
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