Page:United States Statutes at Large Volume 74.djvu/821

 74 S T A T. ]

781

PUBLIC LAW 86-705-SEPT. 2, 1960

TITLE III—EXPOET-IMPORT BANK OF

WASHINGTON

The Export-Import Bank of Washington 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:

61 Stat. 584. 31 USC 849.

LIMITATION ON ADMINISTRATIVE EXPENSES, EXPORT-IMPORT B A N K OF WASHINGTON

Not to exceed $2,675,000 (to be computed on an accrual basis) of the funds of the Export-Import Bank of Washington shall be available during the current fiscal year for administrative expenses of the Bank, including services as authorized by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a) at rates not to exceed $75 per diem for individuals, purchase of one passenger motor vehicle (for replacement only) at not to exceed $6,250, and not to exceed $9,000 for entertainment allowances for members of the Board of Directors; and, in addition, not to exceed the equivalent of $200,000 of the aggregate amount of foreign currencies made available to the ExportImport Bank for loans pursuant to the Agricultural Trade Development and Assistance Act of 1954, as amended, shall be available during the current fiscal year for expenses incurred by the Export-Import Bank incident to such loans: Provided, That fees or dues to international organizations of credit institutions engaged in financing foreign trade and necessary expenses (including special services performed on a contract or fee basis, but not including other personal services) in connection with the acquisition, operation, maintenance, improvement, or disposition of any real or personal property belonging to the Bank or in which it has an interest, including expenses of collections of pledged collateral, or the investigation or appraisal of any property in respect to which an application for a loan has been made, shall be considered as nonadministrative expenses for the purposes hereof. TITLE IV SEC. 401. This Act may be cited as the "Mutual Security and Related Agencies Appropriation Act, 1961". Approved September 2, 1960.

60 Stat. 810.

68 Stat. 454. 7 USC 1691 note.

Short title.

Public Law 86-705 AN ACT To amend the Mineral Leasing Act of February 25, 1920. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,, That this Act may be cited as the "Mineral Leasing Act Revision of 1960". SEC. 2. Section 17, 17(a), and 17(b) of the Act entitled "An Act to promote the 'mining of coal, phosphate, oil, oil shale, gas, and sodium on the public domain", approved February 25, 1920, as amended (30 U.S.C. 226, 226d, and 226e) are further amended to read as follows:

September 2, 1960 [H. R. 10455]

Mineral Leasing Act Revision o f 1960.

41 Stat. 443; 60 Stat. 951-954.

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