Page:United States Statutes at Large Volume 86.djvu/130

 PUBLIC LAW 92-258-MAR. 22, 1972

Annual report.

Audit.

[86 STAT.

of the funds appropriated pursuant to section 1. Xo loan o\iarantee shall guarantee more than 90 per centum of the outstanding amount of any loan, and the reserves maintained to guarantee the loan shall not be less than 25 per centum of the guarantee. SEC. 4. The plan provided for in section 2 shall set forth such fiscal control and accounting procedures as may be necessary to assure proper disbursement, repayment, and accounting for such funds. SEC. 5. The High Commissioner of the Trust Territory of the Pacific Islands shall make an annual report to the Secretary of the Interior on the administration of this title. SEC. 6. The Comptroller General of the United States, or any of his duly authorized representatives, shall have access, for the purpose of audit and examination, to any relevant books, documents, papers, or records of the government of the Trust Territory of the Pacific Islands. Approved March 21, 1972. Public Law 92-258

March 22, 1972 [S. 1163]

Older Americans Act of 1965, amendment. Nutrition programs. 79 Stat. 225; 83 Stat. I l l, 114. 42 USC 3 0 5 1. 42 USC 3044.

AN ACT To amend the Older Americans Act of 1965 to provide grants to States for the establishment, maintenance, operation, and expansion of low-cost meal projects, nutrition training and education projects, opportunity for social contacts, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America i7i Congress assembled, SECTION 1. Title VII of the Older Americans Act of 1965 is redesignated as title VIII, and sections 701 through 705 of that Act are respectively redesignated as sections 801 through 805. SEC. 2. The Older Americans Act of 1965 is amended by inserting the following new title immediately after title VI thereof: "TITLE VII—NUTRITION PROGRAM FOR THE ELDERLY uFINDINGS A N D PURPOSE

42 USC 3031.

"SEC. 701. (a) The Congress finds that the research and development nutrition projects for the elderly conducted under title IV of the Older Americans Act have demonstrated the effectiveness of, and the need for, permanent nationwide projects to assist in meeting the nutritional and social needs of millions of persons aged sixty or older.

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