Page:United States Statutes at Large Volume 85.djvu/776

This page needs to be proofread.

[85 STAT. 746]
PUBLIC LAW 92-000—MMMM. DD, 1971
[85 STAT. 746]

746

PUBLIC LAW 92-210-DEC. 22, 1971

66 Stat. 163. noteV^*^ ^^°^ "slTrrles'"

^^68A Stat. 134, 72 Stat. 1620. 404,4!^/°

comp.fp! 222!

Ante, p. 743.

so Stat. 397;

Ante,

p. 576.

[85 STAT.

grants or who have been temporarily admitted to the United States pursuant to the Immigration and Nationality Act; or "(3) paid in conjunction with existing or newly established employee incentive programs which are designed to reflect directly increases in employee productivity. " (s) ^^^ *^® purposes of this section the term 'wages' and 'salaries' do not include contributions by any employer pursuant to a compensation adjustment for— "(1) any pension, profit sharing, or annuity and savings plan which meets the requirements of section 401(a), 404(a)(2), or 403 (b) of the Internal Revenue Code of 1954; " (2) any group insurance plan; or "(3) any disability and health plan; unless the President determines that the contributions made by any such employer are unreasonably inconsistent with the standards for wage, salary, and price increases issued under subsection (b). " (h) No State or portion thereof shall be exempted from any application of this title with respect to rents solely by virtue of the fact that it regulates rents by State or local law, regulation or policy. "(1) Rules, regulations, and orders issued under this title shall insofar as practicable be designed to encourage labor-management cooperation for the purpose of achieving increased productivity, and the Executive Director of the National Commission on Productivity shall when appropriate be consulted in the formulation of policies, rules, regulations, orders, and amendments under this title. "§204. Delegation "The President may delegate the performance of any function under this title to such officers, departments, and agencies of the United States as he deems appropriate, or to boards, commissions, and similar entities composed in whole or in part of members appointed to represent different sectors of the economy and the general public. Members of such boards, commissions, and similar entities shall be appointed by the President by and with the advice and consent of the Senate; except that— " (1) the foregoing requirement with respect to Senate confirmation does not apply to any member of a n j such board, commission, or similar entity (other than the Chairman of the Pay Board, established by section 7 of Executive Order Numbered 11627 of October 15, 1971, and the Chairman of the Price Commission, established by section 8 of such Executive order) who is serving, pursuant to appointment by the President, on such board, commission, or similar entity on the date of enactment of the Economic Stabilization Act Amendments of 1971, and who continues to serve, pursuant to such appointment, on such board, commission, or similar entity after such date; and " (2) any person serving in the office of Chairman of such Pay Board, and any person serving in the office of Chairman of such Price Commission, on the date of enactment of the Economic Stabilization Act -Amendments of 1971, may continue to serve in such capacity on an interim basis without regard to the foregoing requirement with respect to Senate confirmation until the expiration of sixty days after the date of enactment of the Economic Stabilization Act Amendments of 1971, and the provisions of seetious 910-913 of title 5, United States Code, shall be applicable with respect to the procedure to be followed in the Senate in considering the nomination of any person to either of such offices submitted to the Senate by the President during such sixty-day period, except that references in such provisions to a 'resolution with respect to a reorganization plan*^ shall be deemed for the purpose of this section to refer to such nominations.