Page:United States Statutes at Large Volume 106 Part 3.djvu/315

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PUBLIC LAW 102-414—OCT. 14, 1992 106 STAT. 2109 such coins, and the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, and overhead expenses), (b) BULK SALES.—The Secretary shall make any bulk sales of the coins minted under this Act at a reasonable discount to reflect the lower costs of such sales. (c) PREPAID ORDERS.— The Secretary shall accept prepaid orders for the coins minted under this Act prior to the issuance of such coins. Sale prices with respect to such prepaid orders shall be at a reasonable discount. (d) SURCHARGES. —All sales of coins minted under this Act shall include a surcharge of $35 per coin for the five dollar coins, $8 per coin for the one dollar coins, and $2 per coin for the half dollar coins. SEC. 9. FINANCIAL ASSURANCES. 31 USC 5112 (a) No NET COST TO GOVERNMENT.— The Secretary shall take such actions as may be necessary to ensure that minting and issuing coins under this Act will not result in any net cost to the Federal Government. (b) PAYMENT FOR COINS.— ^A coin shall not be issued under this Act unless the Secretary has received— (1) full payment for the coin; (2) security satisfactory to the Secretary to indemnify the United States for full payment; or (3) a guarantee of full payment satisfactory to the Secretary from a depository institution whose deposits are insured by the Federal Government. SEC. 10. USE OF SURCHARGES. 31 USC 5112 (a) SPLIT OF SURCHARGES BETWEEN BATTLE OF NORMANDY "°*®' MEMORIAL AND WORLD WAR II MEMORIAL.— Surcharges received from the sale of coins minted under this Act shall be distributed by the Secretary as follows: (1) BATTLE OF NORMANDY FOUNDATION.—The first $3,000,000 received from the sale of coins shall be transferred to the Battle of Normandy Foundation and used to create, to endow, and to dedicate, on the 50th Anniversary of D- Day, a United States D-Day and Battle of Normandy Memorial in Normandy, France, adjacent to the largest World War II Museum in the world in Caen, France, and to encourage and support visits to the memorial by United States citizens, and especially students. (2) AMERICAN BATTLE MONUMENTS COMMISSION.—The first $7,000,000 received from the sale of coins after the $3,000,000 referred to in paragraph (1) shall be deposited by the Secretary, subject to subsection (b)(2), in the fund established in the Treasury which is available to the American Battle Monuments Commission for the expenses incurred in establishing a memorial on Federal land in the District of Columbia or its environs to honor members of the Armed Forces of the United States who served in World War II and to commemorate the participation of the United States in that war. (3) DISTRIBUTION OF EXCESS.—Of the amounts received from the sale of coins in excess of $10,000,000— (A) 30 percent shall be transferred to the Battle of Normandy Foundation and used in the manner provided in paragraph (1); and