90 STAT. 1684
PUBLIC LAW 94-455—OCT. 4, 1976 "(ii) in the case of an agency described in subsections (h)(2), (i)(1), (2), or (5), (j)(l) or (2), (1)(1), (2), o r (5), o r (o)(l), the commission described in subsection (1)(3), or the General Accounting Office, either— " (I) return to the Secretary such returns or return information (along with any copies made therefrom), " ( II) otherwise make such returns or return information widisclosable, or " ( III) to the extent not so returned or made undisclosable, ensure that the conditiees ef subparagraphs (A), (B), (C), (D), and (E) of this paragraph continue to be met with respect to such returns or return information, except that the conditions of subparagraphs (A), (B), (C), (D), and (E) shall cease to apply with respect to any return or return information if, and to the extent that, such return or return information is disclosed in the course of any judicial or administrative proceeding and made a part of the public record thereof. If the Secretary determines that any such agency, body, or commission or the General Accounting Office has failed to, or does not, meet the requirements of this paragraph, he may, after any proceedings for review established under paragraph (7), take such actions as are necessary to ensure such requirements are met, including refusing to disclose returns or return information to such agency, body, or commission or the General Accounting Office until he determines that such requirements have been or will be met. "(5)
REPORT ON PROCEDURES AND SAFEGUARDS.—After
the
close of each calendar quarter, the Secretary shall furnish to each committee described in subsection (f)(1) a report which describes the procedures and safeguards established and utilized by such agencies, bodies, or commissions and the General Accounting Office for ensuring the confidentiality of returns and return information as required by this subsection. Such report shall also describe instances of deficiencies in, and failure to establish or utilize, such procedures. " (6) AUDIT or PROCEDURES AND SAFEGUARDS.— " (A) AUDIT BY COMPTROLLER GENERAL.—The Comptroller
General may audit the procedures and safeguards established by such agencies, bodies, or commissions pursuant to this subsection to determine whether such safeguards and procedures meet the requirements of this subsection and ensure the confidentiality of returns and return information. The Comptroller General shall notify the Secretary before any such audit is conducted, " (B) RECORDS OF INSPECTION AND REPORTS BY THE COMPTROLLER GENERAL.—The Comptroller General shall—
"(i) maintain a permanent system of standardized records and accountings of returns and return information inspected by officers and employees of the General Accounting Office under subsection (i)(6)(A) ( i i) and shall, within 90 days after the close of each calendar year, furnish to the Secretary a report with respect to, or summary of, such records or accountings in such form and containing such information as the Secretary may prescribe, and
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