Page:United States Statutes at Large Volume 108 Part 3.djvu/425

 PUBLIC LAW 103-325—SEPT. 23, 1994 108 STAT. 2177 (e) COORDINATION.— The Fund shall coordinate with other appropriate Federal departments or agencies that operate similar training programs in order to prevent duplicative efforts. (1) REGULATORY FEE FOR PROVIDING TRAINING SERVICES.— (1) GENERAL RULE. —The Fund may, at the discretion of the Administrator and in accordance with this subsection, assess and collect regulatory fees solely to cover the costs of the Fund in providing training services under a training program operated in accordance with this section. (2) PERSONS SUBJECT TO FEE. — Fees may be assessed under paragraph (1) only on persons who participate in the training program. (3) LIMITATION ON MANNER OF COLLECTION.—Fees may be assessed and collected under this subsection only in such manner as may reasonably be expected to result in the collection of an aggregate amount of fees during any fiscal year which does not exceed the aggregate costs of the Fund for such year in providing training services under a training program operated in accordance with this section (4) LIMITATION ON AMOUNT OF FEE. — The amount of any fee assessed under this subsection on any person may not exceed the amount which is reasonably based on the proportion of the training services provided under a training program operated in accordance with this section which relate to such person. SEC. 110. ENCOURAGEMENT OF PRIVATE ENTITIES. 12 USC 4709. The Fund may facilitate the organization of corporations in which the Federal Government has no ownership interest. The purpose of any such entity shall be to assist community development financial institutions in a manner that is complementary to the activities of the Fund under this subtitle. Any such entity shall be managed exclusively by persons not employed by the Federal Government or any agency or instrumentality thereof, or by any State or local government or any agency or instrumentality thereof. SEC. 111. COLLECTION AND COMPILATION OF INFORMATION. 12 USC 4710. The Fund shall— (1) collect and compile information pertinent to community development financial institutions that will assist in creating, developing, expanding, and preserving such institutions; and (2) make such information available to promote the purposes of this subtitle. SEC, 112. INVESTMENT OF RECEIPTS AND PROCEEDS. 12 USC 4711. (a) ESTABLISHMENT OF ACCOUNT.—Any dividends on equity investments and proceeds from the disposition of investments, deposits, or credit union shares that are received by the Fund as a result of assistance provided pursuant to section 108 or 113, and any fees received pursuant to section 109(f) shall be deposited and accredited to an account of the Fund in the United States Treasury (hereafter in this section referred to as "the account") established to carry out the purpose of this subtitle. (b) INVESTMENTS.— Upon request of the Administrator, the Secretary of the Treasury shall invest amounts deposited in the account in public debt securities with maturities suitable to the needs of the Fund, as determined by the Administrator, and bearing interest at rates determined by the Secretary of the Treasury,

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