Page:United States Statutes at Large Volume 92 Part 3.djvu/460

 92 STAT. 3092

Appropriation authorization.

Financial statement, submittal to congressional committees.

Effective date. 31 USC 822a note.

PUBLIC LAW 95-612—NOV. 8, 1978 (c) For purposes of determining the aggregate number of positions which may be placed in GS-16, GS-lT, or GS-18 under sections 5108(a) of title 5, United States Code, a position established under subsection (a) shall be deemed a GS-16 position. SEC. 4. Section 51 of the Act of December 30, 1970 (84 Stat. 1659; 22 U.S.C. 276C-2), is amended by— (1) amending the first sentence to read: "Notwithstanding the provisions of any other law, the Executive Directors and Directors and their alternates, representing the United States in the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the Asian Development Bank, and the African Development Fund, shall, if they are citizens of the United States, in the discretion of the Secretary of the Treasury, each be eligible on the basis of such service and the total compensation received therefor, for all employee benefits afforded employees in the civil service of the United States."; (2) striking from the second sentence the words "the fund established pursuant to section 10(a) of the Gold Reserve Act of 1934 (31 U.S.C. 822a(a))" and inserting in lieu thereof "funds appropriated to the Department of the Treasury"; and (3) striking out the last sentence of the section. SEC. 5. There are authorized to be appropriated not to exceed $24,000,000 for fiscal year 1979, including sums for official functions and reception and representation expenses, to carry out the international affairs functions of the Department of the Treasury. SEC. 6. Section 10(b) of the Gold Reserve Act of 1934 (31 U.S.C. 822a(b)) is amended by inserting " (1) " immediately after " (b) " and by adding at the end thereof the following: " (2) Within 30 days after the close of each calendar month beginning after the effective date of this paragraph, the Secretary of the Treasury shall provide to the Committee on Banking, Finance, and Urban Affairs of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate, a detailed financial statement of the fund respecting all agreements entered into or renewed, all transactions occurring during such month, and all liabilities projected to occur.". SEC. 7. This Act shall take effect on October 1, 1978, or on such later date as funds are made available pursuant to appropriations Acts authorized by section 5 of this Act. Approved November 8, 1978.

LEGISLATIVE HISTORY: HOUSE REPORT No. 95-1126 (Comm. on Banking, Finance, and Urban Affairs). SENATE REPORT No. 95-661 (Comm. on Banking, Housing, and Urban Affairs). CONGRESSIONAL RECORD, Vol. 124 (1978): Mar. 8, considered and passed Senate. May 16, considered and passed House, amended. i June 23, Senate agreed to House amendment with amendments. Oct. 10, House concurred in Senate amendments with an amendment. Oct. 11, House vacated proceedings of Oct. 10; concurred in certain Senate amendments; in No. 1 with an amendment. Oct. 13, Senate concurred in House amendments.

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