Page:United States Statutes at Large Volume 44 Part 2.djvu/867

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SIXTY—N IN TH CONGRESS. Suse; I. CH. 751. 1926; 827 payment slgallnbc madein accordance with Title V, less any amounts slrcad gud unde1·,‘1`it1aVI. ., W — . » ,n V _ f‘(d{ he Secretary of.kWxr·•ndn.tho·Sc¢rcta¤y of the Navy shall ;.{{.?,,'§‘*,'f,*{,°,’”i,{{X,{,{°‘“° jpmtly make any regulzmcnns necessary to the eilicient administra- twn of the prqnsmns of this.socti011.";» »·¤ - n ° Sw- 2- Section 303 df Such Acbis to read as follows: °dV°*-*3·¤·1?**»=¤¢¤d· " $mc._303 (u) As soon as ggacticsbicw iftor tbonmceipt of =u valid émmcm azpmw. gphcatxou the Secmtiry of ur or the Secretary of th¤.Navy, as *°"°"*¤¤‘°°·°· .a case mg b6,ESh•.1I;trqnsmifJh> th¤—Direct0t éf the United States Vgwrana? urenw :(1wmu1¤ftu· in this Act mfmed to as the D1rec;¢n:¥ the wiqstion md pccrtificate. setting forth-- C " 1 hat a d agp11csti011·haa ;b¤e.u.r¤cciv0d; · °°t°°”‘ >“ 2 AT!;at¢thm;¤ppl1¢•nt'iB»a veteran; ~»»T " 3 H1sn¤meand,add1z¢ss·;n·-x . ;· " 4 The dntq snd;¥lage of, Bis ;birt}i;:1md n “ 5 Thegampmgtp h1s;_¤,dj11ste<@Tsos·vibc credit. . V Bmw mmm

               receipt thereof. on

to cxtolldwto the v0@crnnitb»s‘bex¤c5ts*prbvidod for infI’it1e» or V." vol. ez, p.12¤. n Sm;3. (a.) SQ2t10I1_;3O8._0fYSllCh Act is amcndeé, to take eifoct as ¤¤¤¤¤¢i¤¤=· n of 19, 19%, to §$ f()1lQW§; _, E; ; _ , —Y M V °dY0l·$3,p.125,¤mend- “ Snc. 308. Np sum payable undaltnthis Act to s, votarm or his Bums payable mm- dependents, or to his pstqbc, or to my bemsiiciary named under Title $§g{¤:_°ft *'“£i°*° V, no adjusted service certificate, and no proceeds Qf Quynloeuxmada xnaebwauaémvmzeéi on such certificate shall be subject to attachment, levy, or seizure B"“°"°°°‘ under any leifal or equitable process, OI to~Nati0na.1 or State taxa- tion, and no eductious on account of any indebtedness of the veteran to the Uuiiwd States shall be mndcafrcm ,tb.é M1juSh0d service credit or from any amounts duc under1hisAct.” , ~ 4 k A, _‘ (b) As used in this section the harm “0Iigi!l81 crod.it ’? moans ,,,§f{§‘¥?i°'°' °"i°‘l the amognt. of the adjusted ’so¤vi¢© crediticomputcd under the World War Adjusted Compensation Act. before its amendment. biiihis Act, less amounts deducted on apconunt of any indebtedness of t oxetcmn __ _ H to the United States; and the berm _“ now¢c1·0dit?’ means the amount N°`” °"°"' of the adjusted service; credit computed under such, Act aslmandcd by this Act, without suchdeduction. .» · , ·, » (c) Lf the veteran is alive at the time of the enactment of this ,f, €{,$§.Z Act and the benefits of the World War Adjusted Compensation Act gg{j¤;*g}vg*°°*“· “ "°‘· have been extended to him, then any excess of the new credit QVN: ` the ori ninal credit shall bc considered as if it were a separate adjusteg service credit and the benefits of such Act; shall bo extended ibn thereof according to the terms of such Act as amended y IS ct. . nn » . éd) If the veteran has died before the enactment of thia¢A.ct; and ME §§‘§d"f, °f§§‘§u2Z be oro making application .uuder section 302 of the .WorLd Wu- ¢1¤:&£sm¤¤¤ ¢¤ <1¤=· Adjusted C0mpensation‘Act, then if any part of the mzigiual credit p° ' has been paid to the de ndents of the vctcrm, any exert shall be paid as providl:1 in Title VI of such Act as nam by this Act, and any excess of tha new credit over the original credit shall be aid in cash in a lump sum to the dependents as provided . in Tit1eA`gI of such Act as amended by this Act, n » n (o) If the vebernu_ha.s died before the enactment of this Act after m§{d`§,‘;‘§‘;;,‘u§§§{,,§'“' having made application, then- » _ ‘ (1) If the original credit was not over $50 and the new credit is ,,,§_'°‘“*‘°'°"°"°'°' not over $50 payment shall be made as provided in subdivision (d). (2) If the on 'nal credit was not over $50 and the new credit 1S §£,,°‘;§,,§§§§ over $50 then ga face value of an adjusted service certificate *50- computed on the basis of the new credit shall be paid to the beneficiary named, or, if the beneficiary died before the veteran and no new beneficiary was named or if no beneiiciurf was named in the application, then to the estate of the veteran. f in any such case