Page:United States Statutes at Large Volume 63 Part 1.djvu/420

 PUBLIC LAWS-CH. 288-JUNE 30, 1949 Post, p. 384. 41 U. S. C., Supp. II, § 7e note. Post, p. 401. Ante, p. 380. Use of fuud. Prices. Payment by ad- vance of funds. TRANSFER OF FUNDS SEC. 107. (a) All unexpended balances of appropriations, alloca- tions, or other funds available or to be made available, for the use of the Bureau of Federal Supply, the War Assets Administration, the Federal Works Agency, and the National Archives Establishment, and so much of the other unexpended balances of appropriations, allo- cations, or other funds of the Department of the Treasury, available or to be made available, as the Director of the Bureau of the Budget shall determine to relate primarily to functions transferred to or vested in the Administrator by the provisions of this Act, shall be transferred to the General Services Administration for use in connection with the functions to which such balances relate, respectively. (b) When other functions are transferred to the General Services Administration from any Federal agency, under section 201 (a) (2) or (3), or otherwise under this Act, there shall be transferred such records, property, personnel, appropriations, allocations, and other funds of such agency to the General Services Administration as the Director of the Bureau of the Budget shall determine to relate pri- marily to the functions so transferred. STATUS OF TRANSFERRED EMPLOYEES SEC. 108. Subject to other provisions of this title relating to per- sonnel, employees transferred by the provisions of this title shall be deemed to be employees of the General Services Administration and their reappointment shall not be required by reason of the enactment of this Act. GENERAL SUPPLY FUND SEC. 109. (a) There is hereby authorized to be set aside in the Treasury a special fund which shall be known as the General Supply Fund. Such fund shall be composed of the assets of the general sup- ply fund (including any surplus therein) created by section 3 of the Act of February 27, 1929 (45 Stat. 1342; 41 U. S . C . 7c), and trans- ferred to the Administrator by section 102 of this Act, and such sums as may be appropriated thereto, and the fund shall assume all of the liabilities, obligations, and commitments of the general supply fund created by such Act of February 27, 1929. The capital of the General SupplyI tunod shall be in an amount not greater than $75,000,000. The General Supply Fund shall be available for use by or under the direc- tion and control of the Administrator (1) for procuring personal property (including the purchase from or through the Public Printer of standard forms and blankbook work for field warehouse issue) and nonpersonal services for the use of Federal agencies in the proper dis- charge of their responsibilities, and (2) for paying all elements of cost of the procurement, handling, and distribution thereof, except that on and after July 1, 1950, those elements of cost which are deter- mined by the Administrator with the approval of the Director of the Bureau of the Budget to be indirect or overhead costs shall not be paid from the fund. (b) Payment by requisitioning agencies shall be at prices fixed by the Administrator. Until July 1, 1950, such prices shall be fixed in accordance with law and regulations applicable on the date of enact- ment of this Act to prices fixed by the Director of the Bureau of Fed- eral Supply. On and after such date, such prices shall be fixed at levels so as to recover so far as practicable all costs except those which are determined by the Administrator with the approval of the Director of the Bureau of the Budget to be indirect or overhead costs. Requi- sitioning agencies shall pay by advance of funds in all cases where 382 [63 STAT.

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