Page:United States Statutes at Large Volume 70.djvu/151

 70 S T A T. ]

PUBLIC LAW 467-APR. 2, 1956

the appropriation "Keserve training", fiscal year 1955 which was merged therewith pursuant to the Treasury-Post Office Appropriation Act 1956, shall be transferred to and merged with this appropriation, and such merged appropriation shall be available as one fund, except for accounting purposes of the Coast Guard, for the payment of obligations properly incurred against such prior year appropriations and against this appropriation, but on July 1, 1957, there shall be transferred from such merged appropriation to the appropriation for payment of certified clanns (1) any remaining unexpended balance of the 1955 appropriation so transferred and (2) any remaining unexpended balance of the 1956 appropriation so transferred which is in excess of the obligations then remaining unliquidated against such appropriation.

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69 Stat. 75.

(CORPORATIONS

The following corporations and agencies, respectively, are hereby authorized to make such expenditures, within the limits of funds and borrowing authority available to each such corporation oi- agency and in accord with law, and to make such contracts and commitments without regai"d to fiscal year limitations as provided by section 104 of the Government Corporation Control Act, as amended, as may be necessary in carrying out the programs set forth in the Budget for the fiscal year 1957 for each such corporation or agency, except as hereinafter provided:


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FEDERAL F A C I L I T I E S CORPORATION F U N D

Not to exceed $250,000 shall be available during the fiscal year 1957 for all administrative expenses of the Corporation (including use of the services and facilities of Federal Reserve banks), to be computed on an accrual basis, and to be exclusive of interest paid, depreciation, capitalized expenditures, expenses in connection with the acquisition, protection, operation, maintenance, improvement, or disposition of real or personal property belonging to the Corporation or in which it has an interest, expenses of services performed on a contract or fee basis in connection with the performance of legal services, and all administrative expenses reimbursable from other Government agencies. L I Q U I D A T I O N O F RECONSTRUCTION F I N A N C E CORPORATION

Not to exceed $1,060,000 (to be computed on an accrual basis) of the funds derived from Reconstruction Finance Corporation activities (except those conducted under section 409 of the Federal Civil Defense Act of 1950), shall be available during the current fiscal year for fo^^sc^V' administrative expenses incident to the liquidation of said Corpora- 2261. ^^^' tion, including use of the services and facilities of the Federal Reserve banks: Provided, That as used herein the term "administrative expenses" shall be construed to include all salaries and wages, services performed on a contract or fee basis, and travel and other expenses, including the purchase of equipment and supplies, of administrative offices: Provided further, That the limiting amount heretofore stated for administrative expenses shall be increased by an amount which does not exceed the aggregate cost of salaries, wages, travel, and other expenses of persons employed outside the continental United States; the expenses of services performed on a contract or fee basis in connection with the termination of contracts or in the performance of legal services, and all administrative expenses reimbursable from other Government agencies: Provided further, That the distribution

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