Page:United States Statutes at Large Volume 53 Part 2.djvu/73

 53 STAT.] 76TH CONG. , 1ST SESS.-CH. 11 -MAR. 16, 1939 obligations of the Administration shall be incurred, allowed, and paid in accordance with the provisions of Title II of the National Industrial Recovery Act: Provided further, That section 3709 of the Revised Statutes (41 U. S . C. 5) shall not apply to any purchase made or service procured when the amount involved is less than $300. RECONSTRUCTION FINANCE CORPORATION 549 48 Stat. 200 . Minor purchases. R. S. §3709. 41U.S .C. §5. Not to exceed $9,250,000 of the funds of the Reconstruction Finance Administrative ex- Corporation, established by the Act of January 22, 1932 (47 Stat. 5), enstat.5. shall be available during the fiscal year 1940 for administrative 617; Supp. ICV,ch. 14; expenses of the Corporation and of The RFC Mortgage Company, including personal services in the District of Columbia and else- where; travel expenses, in accordance with the Standardized Govern- Travelexpenses. ment Travel Regulations and the Act of June 3, 1926, as amended vU.s .c .§§ 821-833. (5 U. S. C . 821-833); printing and binding; law books, books of .Printing and bind- reference, and not to exceed $1,000 for periodicals and newspapers; procurement of supplies, equipment, and services; typewriters, add- ing machines, and other labor-saving devices, including their repair and exchange, rent in the District of Columbia and elsewhere; use of the services and facilities of the Federal Reserve banks; and all other necessary administrative expenses: Provided, That all necessary P r oinisttrive expenses in connection with the acquisition, operation, maintenance, expenses. improvement, or disposition of any real or personal property belong- ing to the Corporation or The RFC Mortgage Company or in which they have an interest, including expenses of collections of pledged collateral, shall be considered as nonadministrative expenses for the purposes hereof: Provided further, That notwithstanding the pro- Payment. visions of section 4 hereof, except for the limitations in amounts hereinbefore specified, and the restrictions in respect to travel expenses, the administrative expenses and other obligations of the Corporation shall be incurred, allowed, and paid in accordance with 47 Sat. §5. the provisions of said Act of January 22, 1932, as amended (15 617;Supp.

, ch. 14. U. S. C. 601-617). SEC. 2 . In expending appropriations or portions of appropriations snlage ramited tor contained in this Act, for the payment of personal services in the ctlassifneation Act. 5 U7S. C . §§e4I-674; District of Columbia in accordance with the Classification Act of supp. IV, §§673',673c. 1923, as amended, the average of the salaries of the total number of persons under any grade in any bureau, office, or other appropriation unit shall not at any time exceed the average of the compensation rates specified for the grade by such Act, as amended, and in grades in which only one position is allocated the salary of such position shall not exceed the average of the compensation rates for the grade except that in unusually meritorious cases of one position in a grade, advances may be made to rates higher than the average of the com- pensation rates of the grade but not more often that once in any fiscal year and then only to the next higher rate: Provided, That this Retiction not a restriction shall not apply (1) to grades 1, 2, 3, and 4 of the clerical- plicable to clerical. mechanical service; or (2) to require the reduction in salary of any mNoreduction in person whose compensation was fixed, as of July 1, 1924, in accord- "Xed salaries. ance with the rules of section 6 of such Act; (3) to require the U.S.sc .§ W. reduction in salary of any person who is transferred from one posi- duction. tion to another position in the same or different grade, in the same or different bureau, office, or other appropriation unit; (4) to prevent Higher rates per- the payment of a salary under any grade at a rate higher than the itte maximum rate of the grade when such higher rate is permitted by the Classification Act of 1923, as amended, and is specifically author- ized by other law; or (5) to reduce the compensation of any person inf ralyone posion in a grade in which only one position is allocated.

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