Page:United States Statutes at Large Volume 84 Part 1.djvu/797

 84 STAT. ]

PUBLIC LAW 91-375-AUG. 12, 1970

administration of the former Post Office Department for the purpose of constructing a postal building from funds appropriated or transferred to the former Post Office Department, together with all funds appropriated or allocated therefor; "(4) all real property 55 percent or more of which is occupied by or under control of the former Post Office Department immediately prior to the effective date of this section; " (5) all contracts, records, and documents relating to the operation of the departmental service and the postal field service of the former Post Office Department; and "(6) all other property and assets of the former Post Office Department. " (d) After the commencement of operations of the Postal Service, the President is authorized to transfer to the Postal Service, and the Postal Service is authorized to transfer to other departments, agencies, or independent establishments of the Government of the United States, with or without reimbursement, any property of that department, agency, or independent establishment and the Postal Service, respectively, when the public interest would be served by such transfer. "§ 2003. The Postal Service Fund " (a) There is established in the Treasury of the United States a revolving fund to be called the Postal Service F u n d which shall be available to the Postal Service without fiscal-year limitation to carry out the purposes, functions, and powers authorized by this title. " (b) There shall be deposited in the Fund, subject to withdrawal by check by the Postal Service— " (1) revenues from postal and nonpostal services rendered by the Postal Service; "(2) amounts received from obligations issued by the Postal Service; "(3) amounts ajjpropriated for the use of the Postal Service; " (4) interest which may be earned on investments of the F u n d; "(5) any other receipts of the Postal Service; and "(6) the balance in the Post Office Department Fund established under former section 2202 of title 39 as of the commencement of operations of the Postal Service. "(c) If the Postal Service determines that the moneys of the Fund are in excess of current needs, it may request the investment of such amounts as it deems advisable by the Secretary of the Treasury in obligations of, or obligations guaranteed by, the Government of the United States, and, with the approval of the Secretary, in such other obligations or securities as it deems appropriate. " (d) With the approval of the Secretary of the Treasury, the Postal Service may deposit moneys of the Fund in any Federal Eeserve bank, any depository for public funds, or in such other places and in such manner as the Postal Service and the Secretary may mutually agree. "(e) The Fund shall be available for the payment of all expenses incurred by the Postal Service in carrying out its functions under this title and, subject to the provisions of section 3604 of this title, all of the expenses of the Postal Rate Commission. Neither the Fund nor any of the funds credited to it shall be subject to apportionment under the provisions of section 665 of title 31. ''§2004. Transitional appropriations "Such sums as are necessary to insure a sound financial transition for the Postal Service and a rate policy consistent with chapter 36 of this title are hereby authorized to be appropriated to the F u n d without regard to fiscal-year limitation.

739

7* ^*^*' 594.. " Excess funds, investment.

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