Page:United States Statutes at Large Volume 103 Part 3.djvu/382

 103 STAT. 2450 PUBLIC LAW 101-239—DEC. 19, 1989 Effective date. 29 USC 1081 note. 29 USC 1082. 29 USC 1103. Effective date. 29 USC 1103 note. 29 USC 1107. 29 USC 1108. Effective date. 29 USC 1108 note. 29 USC 1113. 29 USC 1114. 29 USC 1132. 29 USC 1144. (B) The amendment made by subparagraph (A) shall take effect as if originally included in section 491(b) of Public Law 98-369 (5) Paragraph (6) of section 302(c) of ERISA is amended by striking "subsection (g)" and inserting "section 305". (e) AMENDMENTS RSXATED TO PART 4 OF SUBTITLE B OF TITLE I.— (I)(A) Subsection (c) of section 403 of ERISA is amended— (i) in paragraph (2)(A), by striking "part iv" and inserting "title IV", and (ii) by inserting "if such contribution or payment is" after "(i)" and "(ii)", respectively. (B) The amendment made by subparagraph (A) shall take effect as if included in section 410 of the Multiemployer Pension Plan Amendments Act of 1980. (2) Section 407(d)(6)(A) of ERISA is amended— (A) by inserting "plan" sifter "money purchase"; and (B) by striking "employee securities" and inserting "em- ployer securities". . (3) Paragraph (3) of section 403(b) of ERISA is amended— (A) by redesignating clauses (i) and (ii) as subparagraphs (A) and (B), respectively; (B) by striking ", to the extent" and all that follows through "applicable" in subparagraph (B) (as so redesig- nated); and (C) by adding at the end, after and below subparagraph (B) (as redesignated), the following: "to the extent that such plan's assets are held in one or more custodial accounts which qualify under section 401(f) or 408(h) of such Code, whichever is applicable.". (4)(A) Section 408(d) of ERISA is amended, in the last sen- tence— (i) by striking "individual retirement account, individual retirement annuity, or an individual retirement bond (as defined in section 408 or 409 of the Internal Revenue Coide of 1954)" and inserting "individual retirement account or individual retirement annuity described in section 408 of the Internal Revenue Code of 1954 or a retirement bond described in section 409 of the Internal Revenue Code of 1954 (as effective for obligations issued before January 1, 1984)"; and (ii) by striking "section 408(c) of such code" and inserting "section 408(c) of such Code". (B) The amendments made b^ subparagraph (A) shall take effect as if originally included m section 491(b) of the Deficit Reduction Act of 1984. (5) Section 413 of ERISA is amended by striking "(a)". (6) Section 414(c)(2) of ERISA is amended by striking "1954)" and inserting "1986", and by striking "prior law" and inserting "prior law)". (f) AMENDMENTS RELATED TO PART 5 OF SUBTTTLE B OF TITLE I.— (1) Section 502(b)(l) of ERISA is amended by striking "respct" and inserting "respect". (2)(A) Section 514(b)(5)(C) of ERISA (as amended by section 301 of Public Law 97-473 (96 Stat. 2611)) is amended by striking "such parts" the second place it appears and inserting "such parts 1 and 4 and the preceding sections of this part".

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