Page:United States Statutes at Large Volume 72 Part 1.djvu/1121

 72

STAT.]

PUBLIC LAW 85-844-AUG. 28, 1958

1079

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. LIMITATION ON ADMINISTRATIVE EXPENSES, RECONSTRUCTION CORPORATION LIQUIDATION F U N D

FINANCE

Nort to exceed $50,000 (to be computed on an accrual basis) of the funds derived from liquidation of functions of Reconstruction Finance Corporation transferred to General Services Administration under Reorganization Plan No. 1 of 1957 (22 F. R. 4633), shall be available during the current fiscal year for administrative expenses incident to the liquidation of said functions: 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, mcluding the purchase of equipment and supplies, of administrative offices, but this amount shall be exclusive of costs of services performed on a contract or fee basis in connection with the termination of contracts or in the performance of le^al services: Provided further, That the distribution of administrative expenses to the accounts shall be made in accordance with generally recognized accounting principles and practices.

7i Stat. 647.

HOUSING AND HOME FINANCE AGENCY LIMITATION ON ADMINISTRATIVE EXPENSES, OFFICE OF THE TRATOR, COLLEGE HOUSING LOANS

ADMINIS-

Not to exceed $1,675,000 shall be available for all administrative expenses, which shall be on an accrual basis, of carrying out the functions of the Office of the Administrator under the program of housing loans to educational institutions (title IV of the Housing Act of 1950, as amended, 12 U.S.C. 1749-I749d), but this amount shall be exclu- 64 Stat. 77. sive of payment for services and facilities of the Federal Reserve banks or any member thereof, the Federal home-loan banks, and any insured bank within the meaning of the Act creating the Federal Deposit Insurance Corporation (Act of August 23, 1935, as amended, 12 U.S.C. 264) which has been designated by the Secretary of the 64 stat^ 873. Treasury as a depository of public money of the United States: Pro- note. ^* oided^ That not to exceed $65,000 shall be available for expenses of travel. LIMITATION ON ADMINISTRATIVE EXPENSES, OFFICE OF THE ADMINIS TRATOR, P U B L I C F A C I L I T Y L O A N S

Not to exceed $400,000 of funds in the revolving fund established pursuant to title II of the Housing Amendments of 1955, as amended, 69 sta|. ^42. shall be available for administrative expenses, but this amount shall 1495. be exclusive of payment for services and facilities of the Federal Reserve banks or any member thereof, the Federal home-loan banks, and any insured bank within the meaning of the Act creating the Federal Deposit Insurance Corporation (Act of August 23, 1935, as amended, 12 U.S.C. 264) which has been designated by the Secretary 12 USC isi 1 of the Treasury as a depository of public money of the United States. "°*°'

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