; and (2) a detailed report justifying that certification. (b) Privileges, exemptions, and immunities specified The privileges, exemptions, and immunities specified in this subsection are the privileges, exemptions, and immunities extended and applied to the Hong Kong Economic and Trade Offices under section 1 of the Act entitled An Act to extend certain privileges, exemptions, and immunities to Hong Kong Economic and Trade Offices , approved June 27, 1997 ( 22 U.S.C. 288k ). (c) Effect of certification (1) Termination If the President certifies under subsection (a)(1)(B) that the Hong Kong Economic and Trade Offices no longer merit extension and application of the privileges, exemptions, and immunities specified in subsection (b), the Hong Kong Economic and Trade Offices shall terminate operations not later than 180 days after the date on which that certification is delivered to the appropriate congressional committees. (2) Continued operations If the President certifies under subsection (a)(1)(A) that the Hong Kong Economic and Trade Offices merit extension and application of the privileges, exemptions, and immunities specified in subsection (b), the Hong Kong Economic and Trade Offices may continue operations for the one-year period following the date of that certification or until the next certification required under section 205(a)(1)(A) of the United States-Hong Kong Policy Act of 1992 ( 22 U.S.C. 5725(a)(1)(A) ) is submitted, whichever occurs first, unless a disapproval resolution is enacted under subsection (f). (d) Revocation of extension and application of privileges, exemptions, and immunities The President may revoke the extension and application to the Hong Kong Economic and Trade Offices of the privileges, exceptions, and immunities specified in subsection (b). (e) Termination of certification requirement If the Hong Kong Economic and Trade Offices terminate operations in the United States, whether pursuant to subsection (c) or otherwise, the President shall not issue additional certifications under