PUBLIC LAW 94-118—OCT. 20, 1975 (c) Any obligation acquired by the Fund (except special obligations issued exclusively to the Fund) may be sold by the Secretary at the market price, and such special obligations may be redeemed at par plus accrued interest. (d) The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to and form a part of the Fund. (e) In accordance with section 6(4) of this Act, the Secretary shall pay out of the Fund such amounts, including expenses of the Commission, as the Commission considers necessary to carry out the provisions of this Act; except that amounts in the Fund, other than amounts which have been appropriated and amounts received by the Commission pursuant to sections G(2) and 6(3), shall be subject to the appropriation process. Approved October 20, 1975.
LEGISLATIVE HISTORY: HOUSE REPORTS: No. 94-503 accompanying H.R. 9667 (Comm. on International Relations) and No. 94-526 (Comm. of Conference). SENATE REPORT No. 94-188 (Comm. on Foreign Relations). CONGRESSIONAL RECORD, Vol. 121 (1975): June 13, considered and passed Senate. Sept. 26, considered and passed House, amended, in lieu of H.R. 9667. Oct. 7, House and Senate agreed to conference report. WEEKLY COMPILATION OF PRESIDENTIAL DOCUMENTS, Vol. 11, No. 43: Oct. 21, Presidential statement.
89 STAT. 607
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