Page:United States Statutes at Large Volume 96 Part 1.djvu/1130

 96 STAT. 1088 Notice; publication in Federal Register; notification to congressional committees.

PUBLIC LAW 97-259—SEPT. 13, 1982

"(ii) In any case in which the Commission exercises the waiver authority established in this subparagraph, the Commission shall publish notice of such action in the Federal Register and shall furnish notice of such action to the appropriate committees of each House of the Congress. Each such notice shall include information regarding the identity of the person receiving the waiver, the position held by such person, and the nature of the financial interests which are the subject of the waiver. "(3) The Commission, in determining whether a company or other entity has a significant interest in communications, manufacturing, or sales activities which are subject to regulation by the Commission, shall consider (without excluding other relevant factors)— "(A) the revenues, investments, profits, and managerial efforts directed to the related communications, manufacturing, or sales activities of the company or other entity involved, as compared to the other aspects of the business of such company or other entity; "(B) the extent to which the Commission regulates and oversees the activities of such company or other entity; "(C) the degree to which the economic interests of such company or other entity may be affected by any action of the Commission; and "(D) the perceptions held by the public regarding the business activities of such company or other entity. "(4) Members of the Commission shall not engage in any other business, vocation, profession, or employment while serving as such members. "(5) The maximum number of commissioners who may be members of the same political party shall be a number equal to the least number of commissioners which constitutes a majority of the full membership of the Commission.". APPOINTMENT, TERMS OF OFFICE, SALARY, AND COMPENSATION OF MEMBERS OF COMMISSION

5 USC 5315.

5 USC 5314.

SEC. 103. (a) Section 4(c) of the Communications Act of 1934 (47 U.S.C. 154(c)) is amended— (1) by striking out "The"; (2) by striking out "first appointed" and all that follows through "but their successors"; and (3) by striking out "qualified" and inserting in lieu thereof "been confirmed and taken the oath of office". 0)) Section 4(d) of the Communications Act of 1934 (47 U.S.C. 154(d)) is amended to read as follows: "(d) Each Commissioner shall receive an annual salary at the annual rate payable from time to time for level IV of the Executive Schedule, payable in monthly installments. The Chairman of the Commission, during the period of his service as Chairman, shall receive an annual salary at the annual rate payable from time to time for level III of the Executive Schedule.". (c) Section 4(fK2) of the Communications Act of 1934 (47 U.S.C. 154(f)(2)) is amended by striking out "a legal assistant, an engineering assistant," and inserting in lieu thereof "three professional assistants". (d) Section 4(g) of the Communications Act of 1934 (47 U.S.C. 154(g)) is amended by inserting "(1)" after the subsection designation, and by adding at the end thereof the following new paragraph:

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