Page:United States Statutes at Large Volume 74.djvu/141

 74 S T A T. ]

PUBLIC LAW 86-45 1 - M A Y 13, 1960

101

PANAMA CANAL COMPANY CORPORATION

The Panama Canal Company is hereby authorized to make such expenditures, within the limits of funds and borrowing authoritj'^ available to it and in accord with law, and to make such contracts and commitments without regard 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 current fiscal year for such corporation, except as hereinafter provided:

61 Stat. 584. 31 USC 849.

LIMITATION ON GENERAL AND ADMINISTRATIVE EXPENSES, PANAMA CANAL COMPANY

Xot to exceed $8,680,000 of the funds available to the Panama Canal Company shall be available during the current fiscal year for general and administrative expenses of the Company, which shall be computed on an accrual basis. Funds available to the Panama Canal Company for operating expenses shall be available for the purchase of not to exceed fourteen passenger motor vehicles of which twelve are for replacement only, and for uniforms or allowances therefor, as authorized by the Act of September 1, 1954, as amended (5 U.S.C. 2131).

68 Stat. 1114.

GENERAL PROVISION—THE PANAMA CANAL

SEC. 201. The Governor of the Canal Zone is authorized to employ services as authorized by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a), in an amount not exceeding $30,000: Provided, That 6o Stat. sio. the rates for individuals shall not exceed $100 per diem: Provided further, That no part of any appropriation contained in title II of this Act shall be used to construct a flag pole, platform, or any other device for the purpose of displaying the flag of Panama in the Canal Zone, the sovereign control of which is vested in the United States Government by virtue of long standing Treaty. TITLE III—INDEPENDENT AGENCIES SAINT LAWRENCE SEAWAY DEVELOPMENT CORPORATION

The Saint Lawrence Seaway Development Corporation is hereby authorized to make such expenditures, within the limits of funds and borrowing authority available to such Corporation, and in accord with law, and to make such contracts and commitments without regard 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 current fiscal year for such Corporation, except as hereinafter provided: Provided, That the next audit of such Corporation by the Comptroller General shall be for the period July 1, 1959, through December 31, 1960, and thereafter such audits shall be for each calendar year: LIMITATION

ON

ADMINISTRATIVE EXPENSES, SAINT DEVELOPMENT CORPORATION

LAWRENCE

SEAWAY

Not to exceed $414,000 shall be available for administrative expenses which shall be computed on an accrual basis, including not to exceed $2,000 for official entertainment expenses, to be expended upon the approval or authority of the Administrator, purchase of two passenger

^J ^*|^-1|^-

�