Page:United States Statutes at Large Volume 96 Part 2.djvu/899

 PUBLIC LAW 97-425—JAN. 7, 1983

96 STAT. 2261

(5) If at any time the moneys available in the Waste Fund are insufficient to enable the Secretary to discharge his responsibilities under this subtitle, the Secretary shall issue to the Secretary of the Treasury obligations in such forms and denominations, bearing such maturities, and subject to such terms and conditions as may be agreed to by the Secretary and the Secretary of the Treasury. The total of such obligations shall not exceed amounts provided in appropriation Acts. Redemption of such obligations shall be made by the Secretary from moneys available in the Waste Fund. Such obligations shall bear interest at a rate determined by the Secretary of the Treasury, which shall be not less than a rate determined by taking into consideration the average market yield on outstanding marketable obligations of the United States of comparable maturities during the month preceding the issuance of the obligations under this paragraph. The Secretary of the Treasury shall purchase any issued obligations, and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under chapter 31 of title 31, United States Code, and the purposes for which securities Ante, p. 937. may be issued under such Act are extended to include any purchase of such obligations. The Secretary of the Treasury may at any time sell any of the obligations acquired by him under this paragraph. All redemptions, purchases, and sales by the Secretary of the Tresisury of obligations under this paragraph shall be treated as public debt transactions of the United States. C6) Any appropriations made available to the Waste Fund for any interest purpose described in subsection (d) shall be repaid into the general payments. fund of the Treasury, together with interest from the date of availability of the appropriations until the date of repayment. Such interest shall be paid on the cumulative amount of appropriations available to the Waste Fund, less the average undisbursed cash balance in the Waste Fund account during the fiscal year involved. The rate of such interest shall be determined by the Secretary of the Treasury taking into consideration the average market yield during the month preceding each fiscal year on outstanding marketable obligations of the United States of comparable maturity. Interest Deferral. payments may be deferred with the approval of the Secretary of the Treasury, but any interest payments so deferred shall themselves bear interest. ALTERNATIVE MEANS OF FINANCING

SEC. 303. The Secretary shall undertake a study with respect to Study. alternative approaches to managing the construction and operation ^2 USC 10223. of all civilian radioactive waste management facilities, including the feasibility of establishing a private corporation for such purposes. In conducting such study, the Secretary shall consult with the Director of the Office of Management and Budget, the Chairman of the Commission, and such other Federal agency representatives as may be appropriate. Such study shall be completed, and a report contain- Report to ing the results of such study shall be submitted to the Congress, Congress. within 1 year after the date of the enactment of this Act. OFFICE OF CIVILIAN RADIOACTIVE WASTE MANAGEMENT

SEC. 304. (a) ESTABLISHMENT.—There hereby is established within 42 USC 10224. the Department of Energy an Office of Civilian Radioactive Waste

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