Page:United States Statutes at Large Volume 61 Part 1.djvu/604

 PUBLIC LAWS-CH. 358-JULY 30, 1947 DEPARTMENT OF AGRICULTURE Federal Farm Mortgage Corporation: Not to exceed $2,750,000 (to be computed on an accrual basis) of the funds of the Corporation shall be available for administrative expenses, including employment on a contract or fee basis of persons, firms, and corporations for the performance of special services, including legal services, and the use of the services and facilities of Federal land banks, national farm loan associations, Federal Reserve banks, and agencies of the Govern- 48 tat.34. ment as authorized by the Act of January 31, 1934 (12 U. S. C . 1020-1020h); and said total sum shall be exclusive of interest expense, and expenses in connection with the acquisition, operation, main- tenance, improvement, protection, or disposition of real or personal property belonging to the Corporation or in which it has an interest: Provided,That of the funds available to the Corporation for admin- istrative expenses, not to exceed $400,000 shall be available for payment to the Farm Credit Administration for supervisory or other services rendered. Federal Intermediate Credit Banks: Not to exceed $1,250,000 (to be computed on an accrual basis) of the funds of the banks shall be available for administrative expenses, including the purchase of not to exceed ten passenger motor vehicles, services performed for the banks by other Government agencies (except services performed by the banks for cooperatives in connection with loans to cooperative associations rediscounted or pledged with the Federal Intermediate Credit Banks, and services performed by any Federal Reserve bank and by the United States Treasury in connection with the financial transactions of the banks), and not to exceed $4,000 for penalty mail; and said total sum shall be exclusive of interest expense, legal and special services performed on a contract or fee basis, and expenses in connection with the acquisition, operation, maintenance, Improve- ment, protection, or disposition of real or personal property belonging to the banks or in which they have an interest: Provided,That of the funds available to the banks for administrative expenses, not to exceed $181,250 shall be available for payment to the Farm Credit Administration for supervisory or other services rendered. Production Credit Corporations: Not to exceed $1,600,000 (to be computed on an accrual basis) of the funds of the corporations shall be available for administrative expenses? including the purchase of not to exceed fifteen passenger motor vehicles, services performed for the corporations by other Government agencies, and not to exceed $4,000 for penalty mails; and said total sum shall be exclusive of interest expense, legal and special services performed on a contract or fee basis, and expenses in connection with the acquisition, operation, maintenance, improvement, protection, or disposition of real or personal property belonging to the corporations or in which they have an interest: Provided, That of the funds available to the corporations for administrative expenses, not to exceed $232,000 shall be available for payment to the Farm Credit Administration for supervisory or other services rendered. Regional Agricultural Credit Corporation of Washington, District of Columbia: Not to exceed $200,000 (to be computed on an accrual basis) of the funds of the Corporation shall be available for adminis- trative expenses, including supervision and examination by the Farm Credit Administration and services performed for the Corporation by other Government agencies, and not to exceed $3,200 for penalty mail; and said total sum shall be exclusive of interest expense, legal and special services performed on a contract or fee basis, and expenses [61 STAT.

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