Page:United States Statutes at Large Volume 98 Part 3.djvu/195

 PUBLIC LAW 98-525—OCT. 19, 1984

98 STAT. 2567

as increased by interest determined under paragraph (2). "(2) The amount computed under paragraph (1) shall bear interest at the rate equal to the highest rate being paid by the United States on the day on which the refund is determined to be due for securities having maturities of 90 days or less and shall accrue from the day on which the member is first notified of the amount due to the United States as a refund under this section. "§ 2136. Administration of program 10 USC 2136. "(a) Educational assistance under this chapter shall be provided through the Veterans' Administration, under agreements to be entered into by the Secretary of Defense, and by the Secretary of Transportation, with the Administrator of Veterans' Affairs. Such agreements shall include administrative procedures to ensure the prompt and timely transfer of funds from the Secretary concerned to the Veterans' Administration for the making of payments under this chapter. "(b) Except as otherwise provided in this chapter, the provisions of sections 1663, 1670, 1671, 1673, 1674, 1676, 1682(g), and 1683 of chapter 34 of title 38 and the provisions of subchapters I and II of chapter 36 of such title (with the exception of sections 1780(a)(5), 38 USC 1770, 1780(b), 1786, 1787(b)(1), and 1792) shall be applicable to the provi- I'^SO. sion of educational assistance under this chapter. The term 'eligible veteran', as used in those provisions, shall be deemed for the purpose of the application of those provisions to this chapter to refer to a person eligible for educational assistance under this chapter. "§ 2137. Reports to Congress lo use 2137. "The Secretary of Defense shall submit to the Congress a report not later than December 15 of each year concerning the operation of the educational assistance program established by this chapter during the preceding fiscal year. Each such report shall include the number of members of the Selected Reserve of the Ready Reserve of each armed force receiving, and the number entitled to receive, educational assistance under this chapter during the preceding fiscal year. "§ 2138. Savings provision lo use 2138. "A member who entered into an agreement under this chapter before July 1, 1985, shall continue to be eligible for educational assistance in accordance with the terms of such agreement and of this chapter as in effect before such date.". (2) The items relating to such chapter in the table of chapters at the beginning of subtitle A of such title, and in the table of chapters at the beginning of part III of such subtitle, are amended to read as follows: "106. Educational Assistance for Members of the Selected Reserve

2131".

(b) The amendments made by this section shall take effect on Effective date. July 1, 1985, and shall apply only to members of the Armed Forces 10 USC 2131 who qualify for educational assistance under chapter 106 of title 10, ^^^ ^ 2564. United States Code, as amended by subsection (a), on or after such date.

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