Page:United States Statutes at Large Volume 75.djvu/878

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[75 Stat. 838]
PUBLIC LAW 87-000—MMMM. DD, 1961
[75 Stat. 838]

838

REORGANIZATION PLANS OF

1961

[75

STAT.

FEDERAL TRADE COMMISSION

1. Authority to delegate.—(a) I n addition to its existing authority, the Federal Trade Commission, hereinafter referred to as the "Commission", shall have the authority to delegate, by published order or rule, any of its functions to a division of the Commission, an individual Commissioner, a hearing examiner, or an employee or employee board, including functions with respect to hearing, determining, ordering, certifying, reporting or otherwise acting as to any work, business, or matter: Provided., however., That nothing herein contained shall be deemed to supersede the provisions of section 7(a) of the Administrative Procedure Act (60 Stat. 241), as amended. (b) With respect to the delegation of any of its functions, as provided in subsection (a) of this section, the Commission shall retain a discretionary right to review the action of any such division of the Commission, individual Commissioner, hearing examiner, employee or employee board, upon its own initiative or upon petition of a party to or an intervenor in such action, within such time and in such manner as the Commission shall by rule prescribe: Provided., however., That the vote of a majority of the Commission less one member thereof shall be sufficient to bring any such action before the Commission for review. (c) Should the right to exercise such discretionary review be declined, or should no such review be sought within the time stated in the rules promulgated by the Commission, then the action of any such division of the Commission, individual Commissioner, hearing examiner, employee or employee board, shall, for all purposes, including appeal or review thereof, be deemed to be the action of the Commission. SECTION 2. Transfer of functions to the Chairman.—In addition to the functions transferred by the provisions of Reorganization Plan No. 8 of 1950 (64 Stat. 1264), there are hereby transferred from the Commission to the Chairman of the Commission the functions of the Commission with respect to the assigment of Commission personnel, including Commissioners, to perform such functions as may have been delegated by the Commission to Commission personnel, including Commissioners, pursuant to section 1 of this reorganization plan. SECTION

5 USC 1006.

5 USC 133Z-15 note.

REORGANIZATION PLAN NO. 6 OF 1961' Transmitted .Tune 12, 1961. Effective Aug. 12, 1961. 63 Stat. 203. Ante, p. 41. 5 USC 133z note.

Prepared by the President and transmitted to the Senate and the House of Representatives in Congress assembled, June 12, 1961, pursuant to the provisions of the Reorganization Act of 1949, 6.3 Stat. 203, as amended. FEDERAL HOME LOAN B A N K BOARD

1. Transfer of functions.—Subject to the provisions of section 2(a) of this reorganization plan, and to the extent not vested in the Chairman of the Federal Home Loan Bank Board (hereinafter referred to as the Chairman) in the absence of this reorganization phin, the executive and administrative functions of the Federal Home Loan Bank Board (hereinafter referred to as the Board), including the following-described functions of the Board, are hereby transferred from the Board to the Chuirman: SECTION

'"Reorganization Plan No. 5 of 1961 (lisapprov*^! by the House of Representatives.July 20, 1901 (H. Res. 328).