Page:United States Statutes at Large Volume 96 Part 1.djvu/999

 PUBLIC LAW 97-258—SEPT. 13, 1982

96 STAT. 957

(b) A disbursing official violating subsection (a) of this section Penalty. shall be dismissed immediately. § 3342. Check cashing and exchange transactions (a) A disbursing official of the United States Government may— (1) cash and negotiate negotiable instruments payable in United States currency or currency of a foreign country; (2) exchange United States currency, coins, and negotiable instruments and currency, coins, and negotiable instruments of foreign countries; and (3) cash checks drawn on the Treasury to accommodate United States citizens in a foreign country, but only if— (A) satisfactory banking facilities are not available in the foreign country; and (B) a check is presented by the payee who is a United States citizen. (b) A disbursing official may act under subsection (a)(1) and (2) of this section only for— (1) an official purpose; (2) personnel of the Government; (3) a veteran hospitalized or living in an institution operated by an agency; (4) a contractor, or personnel of a contractor, carrying out a Government project; and (5) personnel of an authorized agency not part of the Government that operates with an agency of the Government. (c)(1) An amount held by the disbursing official that is available for expenditure may be used to carry out subsection (a) of this section with the approval of the head of the agency having jurisdiction over the amount. (2) The head of an agency having jurisdiction over a disbursing official may offset, within the same fiscal year, a deficiency resulting from a transaction under subsection (a) of this section with a gain from a transaction under subsection (a). A gain in the account of a disbursing official not used to offset deficiencies under subsection (a) shall be deposited in the Treasury as miscellaneous receipts. (3) Amounts necessary to adjust for deficiencies in the account of a disbursing official because of transactions under subsection (a) of this section are authorized to be appropriated. (d) The Secretary of the Treasury and, with the approval of the Secretary, the head of an agency having jurisdiction over a disbursing official, may issue regulations to carry out this section. However, under conditions the Secretary decides are necessary, the Secretary may delegate to the head of an agency the authority to issue regulations applying to a disbursing official that is an officer or employee of the agency. § 3343. Check forgery insurance fund (a) The Department of the Treasury has a special deposit revolving fund, the "Check Forgery Insurance Fund". Amounts may be appropriated to the Fund. The Fund consists of amounts— (1) appropriated to the Fund; and (2) received under subsection (d) of this section. (b) The Secretary of the Treasury shall pay from the Fund to a payee or special endorsee of a check drawn on the Treasury or a depositary designated by the Secretary the amount of the check without interest if—

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