Page:United States Statutes at Large Volume 105 Part 2.djvu/323

 PUBLIC LAW 102-183—DEC. 4, 1991 105 STAT. 1275 necessary for obligation. Such investments may be made only in interest-bearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States. For such purpose, such obligations may be acquired on original issue at the issue price or by purchase of outstanding obligations at the market price. The purposes for which obligations of the United States may be issued under chapter 31 of title 31, United States Code, are hereby extended to authorize the issuance at par of special obligations exclusively to the Fund. Such special obligations shall bear interest at a rate equal to the average rate of interest, computed as to the end of the calendar month next preceding the date of such issue, borne by all marketable interest-bearing obligations of the United States then forming a part of the public debt, except that where such average rate is not a multiple of Vs of 1 percent, the rate of interest of such special obligations shall be the multiple of Vs of 1 percent next lower than such average rate. Such special obligations shall be issued only if the Secretary of the Treasury determines that the purchases of other interest-bearing obligations of the United States, or of obligations guaranteed as to both principal and interest by the United States or original issue or at the market price, is not in the public interest. (d) AUTHORITY TO SELL OBLIGATIONS. —Any obligation acquired by the Fund (except special obligations issued exclusively to the Fund) may be sold by the Secretary of the Treasury at the market price, and such special obligations may be redeemed at par plus accrued interest. (e) AMOUNTS CREDITED TO FUND.— (1) The interest on, and the proceeds from the sale or redemption of, any obligations held in the Fund shall be credited to and form a part of the Fund. (2) Any amount paid to the United States under section 8020t))(3) shall be credited to and form a part of the Fund. SEC. 805. REGULATIONS AND ADMINISTRATIVE PROVISIONS 50 USC 1905. (a) REGULATIONS. —The Secretary may prescribe regulations to carry out the program required by this title. Before prescribing any such regulations, the Secretary shall submit a copy of the proposed regulations to the Select Committee on Intelligence of the Senate and the Permanent Select Committee on Intelligence of the House of Representatives. Such proposed regulations may not take effect until 30 days after the date on which they are submitted to those committees. (b) ACCEPTANCE AND USE OF GIFTS.— In order to conduct the program required by this title, the Secretary may— (1) receive money and other property donated, bequeathed, or devised, without condition or restriction other than that it be used for the purpose of conducting the program required by this title; and (2) may use, sell, or otherwise dispose of such property for that purpose. (c) VOLUNTARY SERVICES. — In order to conduct the program required by this title, the Secretary may accept and use the services of voluntary and noncompensated personnel. (d) NECESSARY EXPENDITURES.— Expenditures necessary to conduct the program required by this title shall be paid from the Fund, subject to section 804(b).

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