Page:United States Statutes at Large Volume 97.djvu/1240

 97 STAT. 1208 PUBLIC LAW 98-181—NOV. 30, 1983 Ante, p. 745. (f) Section 245(a) of such Act is amended by striking out "Novem- ber 30, 1983" in the last sentence and inserting in lieu thereof "September 30, 1985". Ante, p. 745. (g) Section 809(0 of such Act is amended by striking out "Novem- ber 30, 1983" in the last sentence and inserting in lieu thereof "September 30, 1985". Ante, p. 745. (h) Section 81(Xk) of such Act is amended by striking out "Novem- ber 30, 1983" in the last sentence and inserting in lieu thereof "September 30, 1985". Ante, p. 745. (i) Section 1002(a) of such Act is amended by striking out "Novem- ber 30, 1983" in the last sentence and inserting in lieu thereof "September 30, 1985". Ante, p. 745. (j) Section 1101(a) of such Act is amended by striking out "Novem- ber 30, 1983" in the last sentence and inserting in. lieu thereof "September 30, 1985". AMOUNT TO BE INSURED UNDER THE NATIONAL HOUSING ACT 12 USC l735f-9. SEC. 402. Section 531 of the National Housing Act is amended to read as follows: "AMOUNT OF INSURED MORTGAGES "SEC. 531. Notwithstanding any other provision of law and subject only to the absence of qualified requests for insurance, to the 12 USC 1707. authority provided in title II, and to any funding limitation approved in appropriation Acts, the Secretary shall enter into com- mitments during each of the fiscal years 1984 and 1985 to insure mortgages under title II with an aggregate principal amount of $50,900,000,000.". AUTHORIZATION OF APPROPRIATIONS TO COVER LOSSES TO THE GENERAL INSURANCE FUND 12 USC 1735c. SEC. 403. Section 519(0 of the National Housing Act is amended— (1) by inserting "such sums as may be necessary" after "appropriated"; and (2) by striking out "not" and all that follows through "1981". 12 USC 1709-1 and note. 12 USC 1703. EUMINATION OF REQUIREMENT THAT FEDERAL HOUSING ADMINISTRATION INTEREST RATES BE SET BY LAW SEC. 404. (a) The Act entitled "An Act to amend chapter 37 of title 38 of the United States Code with respect to the veterans' home loan program, to amend the National Housing Act with respect to inter- est rates on insured mortgages, and for other purposes", approved May 7, 1968 (Pub. L. 90-301) is amended by striking out sections 3 and 4. (b)(1) Section 2(b)(5) of the National Housing Act is amended to read as follows: "(5) No insurance shall be granted under this section to any such financial institution with respect to any obligation representing any such loan, advance of credit, or purchase by it unless the obligation has such maturity, bears such insurance premium charges, and contains such other terms, conditions, and restrictions as the Secre- tary shall prescribe, in order to make credit available for the purpose of this title. Any such obligation with respect to which insurance is granted under this section shall bear interest at such

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