Page:United States Statutes at Large Volume 106 Part 3.djvu/862

 106 STAT. 2656 PUBLIC LAW 102-484—OCT. 23, 1992 lent," after "net vessel tons of one hundred cubic feet each of actual earning capacity". SEC. 3514. CONSISTENCY WITH PANAMA CANAL TREATIES OF 1977 AND IMPLEMENTING LAWS. Expenditures authorized under this subtitle may be made only in accordance with the Panama Canal Treaties of 1977 and laws of the United States implementing those treaties. Subtitle B—Composition and Dissolution of Commission SEC. 3S21. COSTS OF I^ISSOLUTION. (a) IN GENERAL.— The Panama Canal Act of 1979 (22 U.S.C. 3601 et seq.) is amended by inserting after section 1304 the following: "DISSOLUTION OF COMMISSION 22 USC 3714a. «SEC. 1305. (a)(1) The Commission shall conduct a study of— "(A) the costs associated with the dissolution of the Commission, including the composition, location, and costs of the office authorized to be established under subsection (b); and "(B) costs and liabilities incurred or administered by the Commission that will not be paid before the date of that dissolution. Reports. "(2) The Commission shall submit to the Congress, by not later than September 30, 1996, a report on the findings and conclusions of the study under this subsection. The report shall include an estimate of the period of time which may be required to close out the affairs of the Commission after the termination of the Panama Canal Treaty of 1977. "(b) The Commission shall during fiscal year 1998 establish an office to close out the affairs of the Commission that are still pending after the termination of the Panama Canal Treaty of 1977. Establishment. "(c)(l) There is established in the Treasury of the United States a fund to be known as the 'Panama Canal Commission Dissolution Fund' (hereinafter in this section referred to as the 'Fund'). The Fund shall be managed by the Commission until the termination of the Panama Canal Treaty of 1977 and by the office established under subsection (b) thereafter. "(2)(A) Subject to paragraph (5), the Fund shall be available after September 30, 1998, to pay— "(i) the costs of operating the office established under subsection (b); and "(ii) the costs and liabilities associated with dissolution of the Commission, including such costs incurred or identified after the termination of the Panama Canal Treaty of 1977. "(B) Pajnnents from the Fund made during the period beginning on October 1, 1998, and ending with the termination of the Panama Canal Treaty of 1977 shall be subject to the approval of the Board provided for in section 1102. "(3) The Fund shall consist of— "(A) such amounts as may be deposited into the Fund by the Commission, from amounts collected as toll receipts, to pav the costs described in paragraph (2); and (B) amounts credited to the Fund under paragraph (4).

�