Page:United States Statutes at Large Volume 84 Part 2.djvu/132

 1462

PUBLIC LAW 91-556-DEC. 17, 1970

[84 STAT.

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT LIMITATION ON ADMINISTRATIVE EXPENSES, HOUSING FOR THE ELDERLY OR HANDICAPPED

83^stat^*39o^^'

Not to exceed $850,000 of funds in the revolving fund established pursuant to section 202 of the Housing Act of 1959, as amended (12 U.S.C. ITOlq et seq.), shall be available for administrative expenses. LIMITATION ON ADMINISTRATIVE EXPENSES, COLLEGE HOUSING LOANS

64 Stat. 77; 77 Stat. 437.

Not to exceed $1,000,000 of the funds available for making loans for college housing and other facilities shall be available for administrative expenses in connection with such loans (12 U.S.C. 1749I749d). LIMITATION ON ADMINISTRATIVE EXPENSES, PUBLIC FACILITY LOANS

42 USC V^'

Not to exceed $1,200,000 of funds in the revolving fund established pursuant to title II of the Housing Amendments of 1955, as amended, shall be available for administrative expenses. LIMITATION ON ADMINISTRATVE EXPENSES, REVOLVING F U N D (LIQUIDATING PROGRAMS)

During the current fiscal year not to exceed $125,000 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. LIMITATION ON ADMINISTRATIVE AND NONADMINISTRATIVE EXPENSES, FEDERAL HOUSING ADMINISTRATION

48 Stat. 1246.

63 Stat. 905. 12 USC 1702.

For administrative expenses in carrying out duties imposed by or pursuant to law, not to exceed $13,500,000 of the various funds oi the Federal Housing Administration shall be available, in accordance with the National Housing Act, as amended (12 U.S.C. 1701): Provided, That funds shall be available for contract actuarial services (not to exceed $1,500): Provided further, That nonadministrative expenses classified by section 2 of Public I^aw 387, approved Octo]yQj> £5, 1949, shall not exceed $118,775,000. '

'

H'

?

?

LIMITATION ON ADMINISTRATIVE EXPENSES, GOVERNMENT NATIONAL MORTGAGE ASSOCIATION

Not to exceed $6,600,000 shall be available for administrative expenses, which shall be on accrual basis, and shall be exclusive of interest paid, expenses (including expenses for fiscal agency services performed on a contract or fee basis) in connection Avitn the issuance and servicing of securities, depreciation, properly capitalized expenditures, fees for servicing mortgages, expenses (including services performed on a force account, contract or fee basis, but not including other personal services) in connection with the acquisition, protection, operation, maintenance, improvement, or disposition of real or personal property belonging to said Association or in which it has an interest, cost of salaries, wa^es, travel, and other expenses of persons employed outside of the continental United States, and all administrative expenses reimbursable from other Government agencies and from

�