(1) The Librarian of Congress shall be permitted, under the standards
and conditions set forth in such regulations, to make a fixation of a
transmission program directly from a transmission to the public, and to
reproduce one copy or phonorecord from such fixation for archival
purposes.
(2) Such regulations shall also provide standards and procedures by
which the Register of Copyrights may make written demand, upon the owner
of the right of transmission in the United States, for the deposit of a
copy or phonorecord of a specific transmission program. Such deposit
may, at the option of the owner of the right of transmission in the
United States, be accomplished by gift, by loan for purposes of
reproduction, or by sale at a price not to exceed the cost of
reproducing and supplying the copy or phonorecord. The regulations
established under this clause shall provide reasonable periods of not
less than three months for compliance with a demand, and shall allow for
extensions of such periods and adjustments in the scope of the demand or
the methods for fulfilling it, as reasonably warranted by the
circumstances.
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