Page:United States Statutes at Large Volume 76.djvu/607

 76 STAT. ]

PUBLIC LAW 87-677-SEPT. 19, 1%2

559

(c) The section herein redesignated as section 2005 is further amended by striking out "subchapter" and inserting in lieu thereof "chapter". (d) Such chapter 41 is further amended by striking out the headings of subchapters I and XL (e) Claims for benefits under sections 2001 through 2009 of chapter 41 of title 38, United States Code, for any benefit week beginning before January 31, 1960, which claims are pending on the date these sections are repealed, shall be adjudicated in the same manner and with the same effect as if the sections had not been repealed. For the purpose of ad*ninistering the program with respect to such claims, all functions, powers, and duties conferred upon the Secretary of Labor by sections 2001 through 2009 are continued in effect, and all rules and regulations established by the Secretary of Labor pursuant to these sections, and in effect when the sections are repealed, shall remain in j u l l force and effect until modified or suspended. Approved September 19, 1962.

Public Law 87-676

savings pro-

visions.

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September 19, 1962

To amend the Federal Home Loan Bank Act to give Puerto Rico the same treatment as a State in the election of Federal Home Loan Bank Directors.

[H.R. 10383]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That subsection (e) Puerto RICO. of section 7 of the Federal Home Loan Bank Act, as amended, is Federal Home hereby amended by striking out the last sentence of said subsection and amendme^.^'^*' inserting in lieu thereof the following: "The term 'States' or 'State' as 75 Stat. 487. used in this section shall mean the States of the Union, the District 14t"f^s'»^o^/ of Columbia, and the Commonwealth of Puerto Rico. The Board, "state.»» by regulation or otherwise, may add an additional elective directorship to the board of directors of the bank of any district in which the Commonwealth of Puerto Rico is included at the time such directorship is added and which does not then include five or more States, may fix the commencement and the duration, which shall not exceed two years, of the initial term of any directorship so added, and may fill any such initial term by appointment: Provided, That (1) any directorship added pursuant to the foregoing provisions of this sentence shall be designated by the Board, pursuant to subsection (b) of this section, as representing the members located in the Commonwealth of Puerto Rico, (2) such designation of such directorship shall not be changed, and (3) such directorship shall automatically cease to exist if and when the Commonwealth of Puerto Rico ceases to be included in such district." Approved September 19, 1962.

Public Law 87-677 AN APT ^

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To amend the Bankruptcy Act in respect to the salaries of retired referees.

September 19, 1962

[H. R. 12157]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That paragraph d courts. of section 40 of the Bankruptcy Act (11 U.S.C. 68(d)) is amended to ^^^l\^ referees. read as follows: ^ 6o Stat. 328. "d. (1) All referees in bankruptcy and employees in the offices of such referees shall be deemed to be officers and employees in the judi-

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