Page:United States Statutes at Large Volume 81.djvu/393

 81

PUBLIC LAW 90-121-NOV. 3, 1967

STAT.]

of July 22, 1932, as amended (12 U.S.C. 1421-1449): Provided further, That the nonadministrative expenses (except those included in the first proviso hereof) for the supervision and examination of Federal and State chartered institutions (other than special examinations determined by the Board to be necessary) shall not exceed $13,650,000.

359 ^^ s*^*- ^^s.

LIMITATION ON ADMINISTILVTIVE EXPENSES, FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION

Not to exceed $298,000 shall be available for administrative expenses, which shall be on an accrual basis and shall be exclusive of interest paid, depreciation, property capitalized expenditures, expenses in connection with liquidation of insured institutions or activities relating to section 407 or 408 of the National Housing Act, liquidation ya^stat^'eg^^^^' or handling of assets of or derived from insured institutions, payment 12 USC 1730, of insurance, and action for or toward the avoidance, termination, or i^aoa. minimizing of losses in the case of insured institutions, legal fees and expenses, and payments for expenses of the Federal Home Loan Bank Board determined by said Board to be properly allocable to said Corporation, and said Corporation may utilize and may make payments for services and facilities of the Federal home-loan banks, the Federal Reserve banks, the Federal Home Loan Bank Board, and other agencies of the Government: Provided, That, notwithstanding any other provisions of this Act, except for the limitation in amount hereinbefore specified, the administrative expenses and other obligations of said Corporation shall be incurred, allowed and paid in accordance with title IV of the Act of June 27, 1934, as amended (12 U.S.C. 1724-I730b). ^s Stat. 1255,

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT LIMITATION ON ADMINISTRATIVE EXPENSES, COLLEGE HOUSING LOANS

Not to exceed $2,200,000 shall be available for all administrative expenses of carrying out the program of housing loans to educational institutions (12 U.S.C. 1749-1749d). ,^4 stat 77; ^

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77 Stat. 437.

LIMITATION ON ADMINISTRATIVE EXPENSES, HOUSING FOR THE ELDERLY O HANDICAPPED R

Not to exceed $1,232,000 of funds in the revolving fund established pursuant to section 202 of the Housing Act of 1959, as amended (12 U.S.C. I701q et seq.), shall be available for administrative expenses. ^^^ Stat. 6^67; LIMITATION ON ADMINISTRATIVE EXPENSES, PUBLIC FACILITY LOANS

Not to exceed $1,187,000 of funds in the revolving fund established pursuant to title II of the Housing Amendments of 1955, as amended, ^^ ^'|*- ^^^2. shall be available for administrative expenses. 1497. LIMITATION ON ADMINISTRATIVE EXPENSES, REVOLVING F U N D (LIQUIDATING PROGRAMS)

During the current fiscal year not to exceed $100,000 shall be available for administrative expenses, but this amount shall be exclusive of expenses necessary in the case of defaulted obligations to protect the interests of the Government.

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