Sec. 10. general provisions
247 words·~1 min read·
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## Sec. 10 general provisions **[**[42 U.S.C. 1437h](/us/usc/t42/s1437h)**]** ###
(a)In the performance of, and with respect to, the functions, powers, and duties vested in him by this Act, the Secretary, notwithstanding the provisions of any other law, shall— ####
(1)prepare annually and submit a budget program as provided for wholly owned Government corporations by chapter 91 of title 31, United States Code; and ####
(2)maintain an integral set of accounts which may be audited by the General Accounting Office58 as provided by chapter 91 of title 31, United States Code. 58Section 8(a) of the GAO Human Capital Reform Act, Public Law 108–271, 118 Stat. 814, approved July 7, 2004, 31 U.S.C. 702 note, redesignated the General Accounting Office as the Government Accountability Office. Subsection
(b)of such section provides that “[a]ny reference to the General Accounting Office in any law, rule, regulation, certificate, directive, instruction, or other official paper in force on the date of enactment of this Act shall be considered to refer and apply to the Government Accountability Office.”. ###
(b)All receipts and assets of the Secretary under this Act shall be available for the purposes of this Act until expended. ###
(c)The Federal Reserve banks are authorized and directed to act as depositories, custodians, and fiscal agents for the Secretary in the general exercise of his powers under this Act, and the Secretary may reimburse any such bank for its services in such manner as may be agreed upon.
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- Pub. L. 108-271
- 118 Stat. 814
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