Page:United States Statutes at Large Volume 91.djvu/916

This page needs to be proofread.

PUBLIC LAW 95-000—MMMM. DD, 1977

91 STAT. 882 15 USC 58.

PUBLIC LAW 95-109—SEPT. 20, 1977

the Commission under the Federal Trade Commission Act are available to the Commission to enforce compliance by any person with this

j;.,

title, irrespective of whether that person is engaged in commerce or meets any other jurisdictional tests in the Federal Trade Commission Act, including the power to enforce the provisions of this title in the same manner as if the violation had been a violation of a Federal Trade Commission trade regulation rule. "(b) Compliance with any requirements imposed under this title shall be enforced under— 12 USC 1818. "(1) section 8 of the Federal Deposit Insurance Act, in the case of— "(A) national banks, by the Comptroller of the Currency; "(B) member banks of the Federal Reserve System (other than national banks), by the Federal Reserve Board; and "(C) banks the deposits or accounts of which are insured by the Federal Deposit Insurance Corporation (other than members of the Federal Reserve System), by the Board of Directors of the Federal Deposit Insurance Corporation; 12 USC 1464. "(2) section 5(d) of the Home Owners Loan Act of 1933, sec12 USC 1730. tion 407 of the National Housing Act, and sections 6(i) and 17 12 USC 1426, of the Federal Home Loan Bank Act, by the Federal Home Loan 1437. Bank Board (acting directly or through the Federal Savings and Loan Insurance Corporation), in the case of any institution subject to any of those provisions; 12 USC 1751. "(3) the Federal Credit Union Act, by the Administrator of the National Credit Union Administration with respect to any Federal credit union; " (4) the Acts to regulate commerce, by the Interstate Commerce Commission with respect to any common carrier subject to those Acts; 49 USC 1301 "(5) the Federal Aviation Act of 1958, by the Civil Aeronautics note. Board with respect to any air carrier or any foreign air carrier subject to that Act; and 7 USC 181. "(6) the Packers and Stockyards Act, 1921 (except as provided in section 406 of that Act), by the Secretary of Agriculture with 7 USC 226, 227. respect to any activities subject to that Act. "(c) For the purpose of the exercise by any agency referred to in subsection (b) of its powers under any Act referred to in that subsection, a violation of any requirement imposed under this title shall s;i be deemed to be a violation of a requirement imposed under that Act. In addition to its powers under any provision of law specifically referred to in subsection (b), each of the agencies referred to in that subsection may exercise, for the purpose of enforcing compliance with any requirement imposed under this title any other authority conferred on it by law, except as provided in subsection (d). "(d) Neither the Commission nor any other agency referred to in subsection (b) may promulgate trade regulation rules or other regulations with respect to the collection of debts by debt collectors as defined in this title. 15 USC 1692m. "§ 815. Reports to Congress by the Commission " (a) Not later than one year after the effective date of this title and at one-year intervals thereafter, the Commission shall make reports to the Congress concerning the administration of its functions under this ' ' title, including such; recommendations as the C(;pimission deems necessary or appropriate. In addition, each report of the Commission shall include its assessment of the extent to which compliance with this title