Page:United States Statutes at Large Volume 67.djvu/172

 136 Time extension. 65 Stat. 317. 65 Stat. 317. 38 USC 694m.

66 Stat. 64. Rate regulation. 62 Stat. 1275. 38 USC 694.

PUBLIC LAW 102-JULY 2, 1953

Annual and sick leave. 65 Stat. 679. 5 USC 2061. Exemptions.

63 Stat. 965. 5 USC 1113. 60 Stat. 1002. 22 USC 866.

A c c r u e d leave liquidation. 65 Stat. 679. 5 USC 2061 note. Po»t, p. 139.

STAT,

(3) By striking out "June 30, 1953" from clause (C) of section 512 (b) and inserting "June 30, 1954" in lieu thereof; (4) By striking out "June 30, 1953" from the first sentence of section 513(a) and inserting "June 30, 1954" in lieu thereof; (5) By striking out "June 30, 1954" from the third sentence of section 513(c) and inserting "June 30, 1955" in lieu thereof; and (6) By striking out "June 30, 1953" from the first sentence of section 513(d) and inserting "June 30, 1954" in lieu thereof. SEC. 2. The last proviso in section 500(b), title III, of the Servicemen's Readjustment Act, as amended, is hereby amended to read as follows: ''And provided further, That the Administrator, with the approval of the Secretary of the Treasury, may prescribe by regulation from time to time such rate of interest, not in excess of 4 % per centum per annum, as he may find the loan market demands." Approved July 1, 1953Public Law 102

July 2, 1953 [H. R. 4654]

[67

CHAPTER 178

AN ACT To provide for the exemption from the Annual and Sick Leave Act of 1951 of certain officers in the executive branch of the Government, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled. That section 202 of the Annual and Sick Leave Act of 1951 is amended by adding a subsection (c) as follows: "(c)(1) This title shall not apply to the following officers in the executive branch of the Government and officers of the government of the District of Columbia, including officers of corporations wholly owned or controlled by the United States: " (A) persons appointed by the President by and with the advice and consent of the Senate, or by the President alone, whose rates of basic compensation exceed the maximum rate provided in the General Schedule of the Classification Act of 1949, as amended; " (B) persons who receive compensation in accordance with section 411 of the Foreign Service Act of 1946; and " (C) such other officers (except postmasters. United States attorneys, and United States marshals) as may be designated by the President. No officer in the executive branch of the Government and no officer of the government of the District of Columbia, including an officer of a corporation wholly owned or controlled by the United States, to whom this title applies shall be deemed to be entitled to the compensation attached to his office solely by virtue of his status as an officer. "(2) The President, in his discretion, may authorize leaves of absence to persons who are exempted from this title pursuant to subsection (c)(1)(B) for use in the United States and its Territories and possessions. Leaves of absence authorized under this subsection shall not constitute a leave system, and no such leave of absence which is not used shall be made the basis for any lump-sum payment." SEC. 2, (a) The accumulated and current accrued annual leave to which any officer exempted from the Annual and Sick Leave Act of 1951 as a result of the enactment of this Act is entitled immediately prior to the date this Act becomes applicable to him shall be liquidated by a lump-sum payment in accordance with the Act of December 21, 1944 (5 U.S.C. 61b-61e) or the Act of August 3, 1950 (5 U.S.C. 61f-

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