Page:United States Statutes at Large Volume 103 Part 1.djvu/551

 PUBLIC LAW 101-73—AUG. 9, 1989 103 STAT. 523 SEC. 1206. COMPARABILITY IN COMPENSATION SCHEDULES. 12 USC 1833b. The Federal Deposit Insurance Coriwration, the Comptroller of the Currency, the National Credit Union Administration Board, the Federal Housing Finance Board, the Oversight Board of the Resolu- tion Trust Corporation, the Farm Credit Administration, and the Office of Thrift Supervision, in establishing and adjusting schedules of compensation and benefits which are to be determined solely by each agency under applicable provisions of law, shall inform the heads of the other agencies and the Congress of such compensation and benefits and shall seek to maintain comparability regarding compensation and benefits. SEC. 1207. STUDY BY SECRETARY OF THE TREASURY. Reports. 12 USC 1811 Not later than the close of the 18-month period beginning on the note. date of the enactment of this Act, the Secretary of the Treasury shall conduct a study and report to the Congress on— (1) whether, and to what extent, the issuance of securities by the United States Government in small denominations benefite small investors, increases the participation of small investors in United States Government securities offerings, and promotes savings and thrift by the average United States taxpayer; and (2) additional measures the Secretary recommends be taken to expand the availability of securities issued by the United States Government to benefit small investors, increase their participation in United States Government securities offerings, and to promote savings and thrift by the average United States taxpayer. SEC. 1208. EXPENDITURE OF TAXPAYER MONEY ONLY FOR DEPOSIT 12 USC 1811 INSURANCE PURPOSES. note. Funds appropriated to the Secretary of the Treasury pursuant to an authorization contained in this Act, and any amount authorized to be borrowed from the Secretary of the Treasury by any entity pursuant to this Act, may only be used as permitted by law, and may not otherwise be used for making any payment to any share- holder in, or creditor to, any insured depository institution. SEC. 1209. AMENDMENT TO SECTION 5373 OF TITLE 5, UNITED STATES CODE. Paragraph (2) of section 5373 of title 5, United States Code, is amended to read as follows: "(2) sections 248, 482, 1766, and 1819 of title 12, section 206 of the Bank Conservation Act, sections 2B(b) and 21A(e)(4) of the Federal Home Loan Bank Act, section 2A(i) of the Home Owners'Loan Act, and sections 5.11 and 5.58 of the Farm Credit Act of 1971;". SEC. 1210. FARM CREDIT ADMINISTRATION AND FARM CREDIT SYSTEM INSURANCE CORPORATION EMPLOYMENT PROVISION. Section 5.11(c)(2) of the Farm Credit Act of 1971 (12 U.S.C. 2245) is amended to read as follows: "(2) OFFICERS AND EMPLOYEES. — "(A) APPOINTMENT, COMPENSATION, AND BENEFITS. —The Chairman shall fix the compensation and number of, and appoint and direct, employees of the Administration. The Chairman may set and adjust the rates of basic pay for employees of the Administration without regard to the

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