Page:United States Statutes at Large Volume 70.djvu/330

 274

PUBLIC LAW 5 7 5 - J U N E 13, 1956

Restriction.

Appropriationsa

12 USC

1709.

1710,

"Armed Services Housing Mortgage Fund". 12 USC 1710.

12 USC 1709.

12 USC

1 7 4 8-

1748f.

ST A T.

research or development installation of one of the military departments of the United States or a contractor thereof and is considered by such military department to be an essential, nontemporary employee at such date. Such certificate shall be conclusive evidence to the Commissioner of the employment status of the mortgagor and of the mortgagor's need for housing. "(b) No mortgage shall be insured under this section unless the Secretary or his designee shall have certified to the Commissioner that the housing is necessary to provide adequate housing for such civilians employed in connection with such a research or development installation and that there is no present intention to substantially curtail the number of such civilian personnel assigned or to be assigned to such installation. Such certification shall be conclusive evidence to the Commissioner of the need for such housing but if the (Commissioner determines that insurance of mortgages on such housing is not an acceptable risk, he may require the Secretary to guarantee the Armed Services Housing Mortgage Insurance Fund from loss with respect to mortgages insured pursuant to this section. There are hereby authorized to be appropriated such sums as may be necessary to provide for payment to meet losses arising from such guaranty. "(c) The Commissioner may accept any mortgage for insurance under this section without regard to any requirement in any other section of this Act, that the project or property be economically sound or an acceptable risk. " (d) Any mortgagee under a mortgage insured under this section is entitled to the benefits of insurance as provided in section 204(a) with respect to mortgages insured under section 203. "(e) The provisions of subsections (b), (c), (d), (e), (f), (g), (h), and (j) of section 204 shall apply to mortgages insured under this section except that as applicable to those mortgages: (1) all references to the 'Fund' or 'Mutual Mortgage Insurance Fund' shall refer to the 'Armed Services Housing Mortgage Insurance Fund' and (2) all references to section 203 shall refer to this section. " (f) The provisions of sections 801, 802, 803 (c), 803 (i), 803 (j), 804 (a), 804 (b), and 807 and the provisions of section 803(a) relating to the aggregate amount of all mortgages insured and the expiration date of the Commissioner's authority to insure under this title, shall be applicable to mortgages insured under this section." Approved June 13, 1956. Public Law 575

June 13, 19S6 [H. «?. 6268]

[70

CHAPTER

382

AN ACT To facilitate the construction of drainage works and other minor items on Federal reclamation and like projects.

Be it enacted by the Senate and House of Representatives of the dr^na'^e^^rks^°'^ T/ni/^e^/ States of America in Congress assembled, That funds approeon st ruction priated for the construction of irrigation works authorized to be funds. ' . . - ^ undertaken pursuant to the — ' ' reclamation, laws (Act. of June Federal 43use37i note. \^^ 1902^ 32 Stat. 388, and Acts amendatory thereof or supplementary 54 Stat. 1119. thereto), the Act of August 11, 1939 (53 Stat. 1418), as amended, or 16 USC 5 9 0 y other Acts of Congress may, insofar as such funds are available for 590Z-10. the construction of drainage facilities and other minor items, be utilized by the Secretary of the Interior to accomplish such work by contract, by force account or, notwithstanding any other law and subject only to such reasonable terms and conditions as the Secretary shall deem appropriate for the protection of the United States, by contract entered into with the repayment organization concerned whereby said

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