Page:United States Statutes at Large Volume 106 Part 2.djvu/745

 PUBLIC LAW 102-390—OCT. 6, 1992 106 STAT. 1625 "(A) means the activities concerning, and assets utilized in, the production, administration, sale, and management of numismatic items and the Numismatic Public Enterprise Fund; and "(B) includes capital, personnel salaries, functions relating to operations, marketing, distribution, promotion, advertising, and ofi&cial reception and representation, the acquisition or replacement oi equipment, and the renovation or modernization of facilities (other than the construction or acquisition of new buildings). of the Treasury. in the Treasury of the United States a revolving Niunismatic Public Enterprise Fund consisting of amounts deposited in the fund under subsection (c)(2) of this section or section 221(b) of the United States Mint Reauthorization and Reform Act of 1992 which shall be available to the Secretary for numismatic operations and programs of the United States Mint without fiscal year limitation. "(c) OPERATIONS OF THE FUND.— "(1) PAYMENT OF EXPENSES. — Any expense incurred by the Secretary for numismatic operations and programs which the Secretary determines, in the Secretary's sole discretion, to be ordinary and reasonable incidents of the numismatic business shall be paid out of the Fund, including any expense incurred pursuant to any obligation or other commitment of Mint numismatic operations and programs which was entered into before the beginning of fiscal year 1993. "(2) DEPOSIT OF RECEIPTS.—A ll receipts from numismatic operations and programs shall be deposited into the Fund. "(3) TRANSFER OF SEIGNIORAGE. — The Secretary shall transfer monthly from the Fund to the general fund of the Treasury an amount equal to the total amount on the seigniorage of numismatic items sold since the date of any preceding transfer. "(4) EXPENSES OF CITIZENS COMMEMORATIVE COIN ADVISORY COMMITTEE. —For purposes of paragraph (1), any expense incurred by the Secretary in connection with the Citizens Commemorative Coin Advisory Committee established under section 5135 shall be treated as an expense incurred for numismatic operations and programs wmch is an ordinary and reasonable incident of the numismatic business. "(A) IN GENERAL. —At such times as the Secretary determines to be appropriate, the Secretary shall transfer any amount in the Fund which the Secretary determines to be in excess of the amount required by the Fund to the Treasury for deposit as miscellaneous receipts. "(B) REPORT TO CONGRESS.—The Secretary shall submit an annual report to the Congress containing— "(i) a statement of the total amount transferred to the Treasury pursuant to subparagraph (A) during the period covered by the report; "(ii) a statement of the amount by which the amount on deposit in the Fund at the end of the period covered by the report exceeds the estimated operating costs of the Fund for the 1-year period beginning at the end of such period; and
 * (5) SECRETARY. —The term 'Secretary* means the Secretary
 * (b) ESTABLISHMENT OF FUND.— There is hereby established
 * (5) TRANSFER OF EXCESS AMOUNTS TO THE TREASURY.—

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