Page:United States Statutes at Large Volume 93.djvu/514

This page needs to be proofread.

PUBLIC LAW 96-000—MMMM. DD, 1979

93 STAT. 482

39 USC 3401.

Repeal. 39 USC 3402. 39 USC 3401. 39 USC 3682.

PUBLIC LAW 96-70—SEPT. 27, 1979 responsibilities with respect to the outstanding obligations of the postal service referred to in subsection (a) of this section. Any transfer or assumption (including any agreement for such transfer or assumption) pursuant to this subsection shall be effective only to such extent or in such amounts as are provided in advance in appropriation Acts. (d) Mail addressed to the Canal Zone from or through the continental United States may be routed by the United States Postal Service to the military post offices of the United States Forces in the Republic of Panama. Such military post offices shall provide the required directory services and shall accept such mail to the extent permitted under the Panama Canal Treaty of 1977 and related agreements. The Commission shall furnish personnel, records, and other services to such military post offices to assure wherever appropriate the distribution, rerouting, or return of such mail. (e)(1) The second sentence of section 403(a) of title 39, United States Code, is amended by striking out "Except as provided in the Canal Zone Code, the" and inserting in lieu thereof "The". (2) Section 3401(b) of such title is amended— (A) by inserting "or" before "the Virgin Islands"; and (B) by striking out "or the Canal Zone,". (3)( A) Section 3402 of such title is repealed. (B) the table of sections for chapter 34 of title 39, United States Code, is amended by repealing the item relating to section 3402. (4) Section 3682(b)(5) of such title is amended by striking out "the Canal Zone and". Subchapter V—Accounts With the Republic of Panama PAYMENTS TO THE REPUBLIC OF PANAMA

22 USC 3751.

SEC. 1341. (a) The Commission shall pay to the Republic of Panama those payments required under paragraph 5 of Article III and paragraph 4 of Article XIII of the Panama Canal Treaty of 1977. Payments made under paragraph 5 of Article III of such Treaty shall be audited annually by the Comptroller General and any overpayment, as determined in accordance with Understanding (1) incorporated in the Resolution of Ratification of the Panama Canal Treaty (adopted by the United States Senate on April 18, 1978), for the services described in that paragraph which are provided shall be refunded by the Republic of Panama or set off against amounts payable by the United States to the Republic of Panama under paragraph 5 of Article III of the Panama Canal Treaty of 1977. (b) In determining whether operating revenues exceed expenditures for the purpose of payments to the Republic of Panama under paragraph 4(c) of Article XIII of the Panama Canal Treaty of 1977, such operating revenues in a fiscal period shall be reduced by (1) all costs of such period as shown by the accounts established pursuant to section 1311 of this Act, and (2) the cumulative sum from prior years O^eginning with the year in which the Panama Canal Treaty of 1977 enters into force) of any excess of costs of the Panama Canal Commission over operating revenues. (c) The President shall not accede to any interpretation of paragraph 1 of Article IX of the Panama Canal Treaty of 1977 which would permit the Republic of Panama to tax retroactively organizations and businesses operating, and citizens of the United States living, in the Canal Zone before the effective date of this Act. (d) Any accumulated unpaid balance under paragraph 4(c) of Article 3QII of the Panama Canal Treaty of 1977 at the termination of