Page:United States Statutes at Large Volume 72 Part 1.djvu/307

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[72 Stat. 265]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 265]

72

STAT.]

PUBLIC LAW 85-477-JUNE 30, 1958

265

(4) Insert the following new subsections: " (d) The Fund shall contribute, from the respective appropriation prSvu^oM."*' "*" or fund used for payment of salaries, pay or compensation, to the civil service retirement and disability fund, a sum as provided by section 4 (a) of the Civil Service Retirement Act, as amended (5 U.S.C. 2254a), except that such sum shall be determined by applying to the ^° ®®" ^'^^•

total basic salaries (as defined in that Act) paid to the employees of the Fund covered by that Act, the per centum rate determined annually by the Civil Service Commission to be the excess of the total normal cost per centum rate of the civil service retirement system over the employee deduction rate specified in said section 4(a). The Fund shall also contribute at least quarterly from such appropriation or fund, to the employees' compensation fund, the amount determined by the Secretary of Labor to be the full cost of benefits and other payments made from such fund on account of injuries and deaths of its employees which may hereafter occur. The Fund shall also pay into the Treasury as miscellaneous receipts that portion of the cost of administration of the respective funds attributable to its employees, as determined by the Civil Service Commission and the Secretary of Labor. "(e) The assets of the Development Tjoan Fund on the date of enactment of the Mutual Security Act of 1958 shall be transferred as of such date to the body corporate created by section 202(a) of this Act. I n addition, records, personnel, and property of the International Cooperation Administration may, as agreed by the Managing Director and the Director of the International Cooperation Administration or as determined by the President, be transferred to the Fund. Obligations and liabilities incurred against, and rights established or acquired for the benefit of or with respect to, the Development Loan Fund during the period between August 14, 1957, and the date of enactment of the Mutual Security Act of 1958 are hereby transferred to, and accepted and assumed by, the body corporate created by section 202 (a) of this Act. A person serving as Manager of the Development Loan Fund as of the date of enactment of the Mutual Security Act of 1958 shall not, by reason of the enactment of that Act, require reappointment in order to serve in the office of Managing Director provided for in section 205(b) of this Act.". TECHNICAL

COOPERATION

SEC. 204. Title III of the chapter designated by paragraph (2) of section 501 of this Act as chapter II of the Mutual Security Act of 1954, as amended, which relates to technical cooperation, is amended as follows: (a) I n section 304, which relates to authorization, strike out "$151,900,000" and insert in lieu thereof "$150,000,000 for use beginning in the fiscal year 1959". (b) Amend section 306, which relates to multilateral technical cooperation, as follows: (1) Insert "AND RELATED PROGRAMS" after "COOPERATION" in the heading of the section; insert "and this Act" after "title" in the first sentence; and insert "and related" after "cooperation" in the first sentence. (2) I n subsection (a), which relates to contributions to the United Nations Expanded Program of Technical Assistance, strike out "$15,500,000 for the fiscal year 1958" and substitute "$20,000,000 for the fiscal year 1959"; insert "and such related fund as may hereafter be established" after "Assistance"; and in the proviso change "to this program" to "for such purpose" and after the word "contributed" the

22 USC' fll4 22 USC 1396.

22 USC isge.