Page:United States Statutes at Large Volume 98 Part 2.djvu/75

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PUBLIC LAW 98-000—MMMM. DD, 1984

PUBLIC LAW 98-371—JULY 18, 1984

98 STAT. 1235

purposes of training State examiners, and administrative expenses in an amount not to exceed $24,381,000, and said total amount shall be available for procurement of services as authorized by 5 U.S.C. 3109, and contracts for such services with one organization may be renewed annually, and uniforms or allowances therefor in accordance with law (5 U.S.C. 5901-5902), and said amount shall be derived from funds available to the Federal Home Loan Bank Board, including those in the Federal Home Loan Bank Board revolving fund and receipts of the Board for the current fiscal year and prior fiscal years, and the Board may utilize and may make payment for services and facilities of the Federal Home Loan Banks, the Federal Reserve Banks, the Federal Savings and Loan Insurance Corporation, the Federal Home Loan Mortgage Corporation, and other agencies of the Government (including payment for office space): Provided, That, with the prior approval of the Committees on Appropriations, not to exceed 10 per centum of the lesser of the limitations on administrative and nonadministrative expenses may be transferred between said limitations: Provided further, That expenses for special examinations of Federal and State-chartered institutions determined by the Board to be necessary, all necessary expenses in connection with the conservatorship or liquidation of institutions insured by the Federal Savings and Loan Insurance Corporation, liquidation or handling of assets of or derived from such insured institutions, payment of insurance, and action for or toward the avoidance, termination, or minimizing of losses in the case of such insured institutions, or activities relating to section 5A(f) or 6(i) of the Federal Home Loan Bank Act, section 5(d) of the 12 USC 1425a, Home Owners' Loan Act of 1933, section 12(i) of the Securities 1426. Exchange Act of 1934, or section 406(c), 407, or 408 of the National 12 USC 1464. Housing Act and all necessary expenses (including services per- 15 USC 78/. formed on a contract or fee basis, but not including other personal 12 USC services) in connection with the handling, including the purchase, 1729-1730a. sale, and exchange, of securities on behalf of Federal home loan banks, and the sale, issuance, and retirement of or payment of interest on, debentures or bonds, under the Federal Home Loan Bank Act, as amended, shall be excluded from the above limitations: 12 USC 1421. Provided further. That members and alternates of the Federal 12 USC 1428a Savings and Loan Advisory Council may be compensated subject to note. the provisions of section 7 of the Federal Advisory Committee Act, 5 USC app. and shall be entitled to reimbursement from the Board as approved by the Board for transportation expenses incurred in attendance at meetings of or concerned with the work of such Council and may be paid in lieu of subsistence per diem not to exceed the dollar amount set forth in 5 U.S.C. 5703: Provided further. That not to exceed $1,500 shall be available for official reception and representation expenses: Provided further. That, notwithstanding any other provisions of this Act, except for the limitation in amount hereinbefore specified, the expenses and other obligations of the Board shall be incurred, allowed, and paid in accordance with the provisions of the Federal Home Loan Bank Act of July 22, 1932, as amended (12 U.S.C. 1421-1449). LIMITATION ON ADMINISTRATIVE EXPENSES, FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION

Not to exceed $1,343,000 shall be available for administrative expenses, which shall be on an accrual basis and shall be exclusive