Such proclamation shall immediately be transmitted to the Congress and published in the Federal Register. (a) With respect to Acts of Congress authorizing the exercise, during the period of a national emergency, of any special or extraordinary power, the President is authorized to declare such national emergency. Declaration of national emergency by President publication in Federal Register effect on other laws superseding legislation "(3) any rights or duties that matured or penalties that were incurred prior to repeal." SUBCHAPTER II-DECLARATIONS OF FUTURE NATIONAL EMERGENCIES §1621. "(2) any action or proceeding based on any act committed prior to repeal or "(1) any action taken or proceeding pending not finally concluded or determined at the time of repeal 1258, provided that: "This section shall not affect. 1255, provided: "That this Act may be cited as the 'National Emergencies Act'." Savings Provision Statutory Notes and Related Subsidiaries Short Title (b) For the purpose of this section, the words "any national emergency in effect" means a general declaration of emergency made by the President. (3) any rights or duties that matured or penalties that were incurred prior to such date. (2) any action or proceeding based on any act committed prior to such date or (1) any action taken or proceeding pending not finally concluded or determined on such date (a) All powers and authorities possessed by the President, any other officer or employee of the Federal Government, or any executive agency, as defined in section 105 of title 5, as a result of the existence of any declaration of national emergency in effect on September 14, 1976, are terminated two years from September 14, 1976. Termination of existing declared emergencies SUBCHAPTER I-TERMINATING EXISTING DECLARED EMERGENCIES §1601. Other laws, powers and authorities conferred thereby, and actions taken thereunder Congressional studies.