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(d) Requests for advice; variations from safety rules and regulations.

Any employer may request the advice of the Secretary or his authorized representative, in complying with the requirements of any rule or regulation adopted to carry out the provisions of this section. In case of practical difficulties or unnecessary hardships, the Secretary in his discretion may grant variations from any such rule or regulation, or particular provisions thereof, and permit the use of other or different devices if he finds that the purpose of the rule or regulation will be observed by the variation and the safety of employees will be equally secured thereby. Any person affected by such rule or regulation, or his agent, may request the Secretary to grant such variation, stating in writing the grounds on which his request is based. Any authorization by the Secretary of a variation shall be in writing, shall describe the conditions under which the variation shall be permitted, and shall be published as provided in section 1002 of Title 5. A properly indexed record of all variations shall be kept in the office of the Secretary and open to public inspection.

(e) Jurisdiction to restrain violations.

The United States district courts, together with the District Court for the Territory of Alaska, shall have jurisdiction for cause shown, in any action brought by the Secretary, represented as provided in section 921a of this title, to restrain violations of this section or of any rule, regulation, or order of the Secretary adopted to carry out the provisions of this section.

(f) Violations and penalties.

Any employer who, willfully, violates or fails or refuses to comply with the provisions of subsection (a) of this section, or with any lawful rule, regulation, or order adopted to carry out the provisions of this section, and any employer or other person who willfully interferes with, hinders, or delays the Secretary or his authorized representative in carrying out his duties under subsection (c) of this section by refusing to admit the Secretary or his authorized representative to any place, or to permit the inspection or examination of any employment or place of employment, or who willfully hinders or delays the Secretary or his authorized representative in the performance of his duties in the enforcement of this section, shall be guilty of an offense, and, upon conviction thereof, shall be punished for each offense by a fine of not less than $100 nor more than $3,000; and in any case where such employer is a corporation, the officer who willfully permits any such violation to occur shall be guilty of an offense, and, upon conviction thereof, shall be punished also for each offense by a fine of not less than $100 nor more than $3,000. The liability hereunder shall not affect any other liability of the employer under this chapter.

(g) Inapplicability to certain employments.

(1) The provisions of this section shall not apply in the case of any employment relating to the operations for the exploration, production, or transportation by pipeline of mineral resources upon the

navigable waters of the United States, nor under the authority of sections 1331 to 1343 of Title 43, nor in the case of any employment in connection with lands (except filled in, made or reclaimed lands) beneath the navigable waters as defined in sections 1301 to 1303 and 1311 to 1315 of Title 43, nor in the case of any employment for which compensation in case of disability or death is provided for employees under the authority of the Act of May 17, 1928 (ch. 612, 45 Stat. 600), as amended, nor under the authority of sections 1651 to 1654 of Title 42.

(2) The provisions of this section, with the exception of paragraph (1) of subsection (b) of this section, shall not be applied under the authority of the Act of September 7, 1916 (ch. 458, 39 Stat. 742), as amended. (Mar. 4, 1927, ch. 509, § 41, 44 Stat. 1444; Aug. 23, 1958, Pub. L. 85-742, § 1, 72 Stat. 835.)

REFERENCES IN TEXT

Title 52 of the Revised Statutes and Acts supplementary or amendatory thereto, referred to in subsec. (a), means sections 4399-4500 of the Revised Statutes, which are classified to sections 170, 214, 215, 222, 224, 224a, 226, 228, 229, 230-234, 239, 240, 361, 362, 364, 372, 375, 391, 391a, 392, 393, 399, 400, 402-414, 416, 435, 436, 451-453, 460, 461, 462, 467, 470, 471, 473, 477-482, 489, and 491-498 of Title 46, Shipping.

The act of June 15, 1917 (ch. 30, 40 Stat. 220), as amended, referred to in subsec. (a), is classified generally to section 401 et seq. of Title 22, Foreign Relations and Intercourse, and section 191 et seq. of Title 50, War and National Defense. For complete distribution of act June 15, 1917 in this Code, see Tables Volume.

Section 1002 of Title 5, referred to in subsec. (d), was repealed in the general revision of Title 5, and is now covered by section 552 of Title 5, Government Organization and Employees.

The act of May 17, 1928 (ch. 612, 45 Stat. 600), as amended, referred to in subsec. (g) (1), is classified to sections 36-501 and 36-502 of the District of Columbia Code.

The act of September 7, 1916 (ch. 458, 39 Stat. 742), as amended, referred to in subsec. (g) (2), was repealed in the general revision of Title 5, and is now covered by chapter 81 of Title 5, Government Organization and Employees.

AMENDMENTS

1958-Pub. L. 85-742, among other changes, empowered the Secretary of Labor to prescribe, by regulation or order, safety rules for the furnishing and maintenance of safe places of employment and for the installation, furnishing and maintenance of safety devices and safeguards, authorized the Secretary to provide for the establishment and supervision of safety programs, permitted the inspection of places of employment and investigation of employment conditions and practices, granted jurisdiction to the district courts to restrain violations of this section or of any rules, regulations or orders of the Secretary, and to prescribe penalties for violations.

TRANSFER OF FUNCTIONS

In text of this section, "Secretary", referring to the "Secretary of Labor", was substituted for "Administrator" by former 1950 Reorg. Plan No. 19, § 1, eff. May 24, 1950, 15 F.R. 3178, 64 Stat. 1271.

"Administrator" was substituted for "Commission" by former section 3 of 1946 Reorg. Plan No. 2, eff. July 16, 1946, 11 F.R. 7873, 60 Stat. 1095.

ADMISSION OF ALASKA AS STATE Admission of Alaska into the Union was accomplished Jan. 3, 1959, upon issuance of Proc. No. 3269, Jan. 3, 1959, 24 F.R. 81, 73 Stat. c16, as required by sections 1 and 8(c) of Pub. L. 85-508, July 7, 1958, 72 Stat. 339, set out as notes preceding section 21 of Title 48, Territories and Insular Possessions.

47-500 0-71-vol. 8 -18

DEFINITION OF "SECRETARY"

Section 2 of Pub. L. 85-742 provided that: "The term 'Secretary' as used in this Act and in amendments made by this Act [to this section] means the Secretary of Labor."

CROSS REFERENCES

Record of injury or death available to inspection by state authority, in section 929 of this title.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in title 5 section 7902.

§ 942. Repealed. Pub. L. 89-554, § 8(a), Sept. 6, 1966, 80 Stat. 647.

Section, act Mar. 4, 1927, ch. 509, § 42, 44 Stat. 1444, related to travel and subsistence expenses.

§ 943. Repealed. Pub. L. 89-348, § 1(15), Nov. 8, 1965, 79 Stat. 1311.

Section, act Mar. 4, 1927, ch. 509, § 43, 44 Stat. 1444, required the Secretary to make a report to the Congress at the beginning of each regular session of the administration of this chapter for the preceding fiscal year, including a detailed statement of receipts of and expenditures from the funds established in sections 944 and 945 of this title.

§ 944. Special fund.

(a) There is established in the Treasury of the United States a special fund for the purpose of making payments in accordance with the provisions of subsections (f) and (g) of section 908, of subsection (b) of section 918 of this title and of subsection (c) of section 939 of this title. Such fund shall be administered by the Secretary. The Treasurer of the United States shall be the custodian of such fund, and all moneys and securities in such fund shall be held in trust by such Treasurer and shall not be money or property of the United States.

(b) The Treasurer is authorized to disburse moneys from such fund only upon order of the Secretary. He shall be required to give bond in an amount to be fixed and with securities to be approved by the Secretary of the Treasury and the Comptroller General of the United States conditioned upon the faithful performance of his duty as custodian of such fund.

(c) Payments into such fund shall be made as follows:

(1) Each employer shall pay $1,000 as compensation for the death of an employee of such employer resulting from injury where the deputy commissioner determines that there is no person entitled under this chapter to compensation for such death. The proceeds of this fund shall be available for payments under subsections (f) and (g) of section 908 of this title, under subsection (b) of section 918 of this title, and under subsection (c) of section 939 of this title: Provided, That payments authorized by subsection (f) shall have priority over other payments authorized from the fund: Provided further, That at the close of each fiscal year the Secretary of Labor shall submit to the Congress a complete audit of the fund.

(2) All amounts collected as fines and penalties under the provisions of this chapter shall be paid into such fund.

(d) The Treasurer of the United States shall deposit any moneys paid into such fund into such depository banks as the Secretary may designate

and may invest any portion of the funds which, in the opinion of the Secretary, is not needed for current requirements, in bonds or notes of the United States or of any Federal land bank.

(e) Neither the United States nor the Secretary shall be liable in respect of payments authorized under section 908 of this title in an amount greater than the money or property deposited in or belonging to such fund.

(f) The Comptroller General of the United States shall audit the account for such fund, but the action of the Secretary in making payments from such fund shall be final and not subject to review, and the Comptroller General is authorized and directed to allow credit in the accounts of any disbursing officer of the Secretary for payments made from such fund authorized by the Secretary.

(g) All civil penalties provided for in this chapter shall be collected by civil suit brought by the Secretary. (Mar. 4, 1927, ch. 509, § 44, 44 Stat. 1444; July 26, 1956, ch. 735, § 8, Stat. 656.)

AMENDMENTS

1956 Subsec. (a). Act July 26, 1956, § 8(a), substituted in the end of the first sentence, the words ", of subsection (b) of section 918 of this title, and of subsection (c) of section 939 of this title" for the words "of this title."

Subsec. (c) (1). Act July 26, 1956, § 8(b), substituted provisions relating to availability of fund for payments under sections 908 (f) and (g), 918(b), and 939 (c) of this title, proviso that subsec. (f) payments have priority, and further proviso requiring annual audit, for former provision that fifty per centum of each payment shall be available for the payments under section 908 (1) and (g) of this title.

TRANSFER OF FUNCTIONS

All functions of all officers of the Department of the Treasury, and all functions of all agencies and employees of such Department, were transferred, with certain exceptions, to the Secretary of the Treasury, with power vested in him to authorize their performance or the performance of any of his functions, by any of such officers, agencies, and employees, by 1950 Reorg. Plan No. 26, §§ 1, 2, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. The Treasurer of the United States, referred to in this section, is an officer of the Treasury Department. In text of this section, "Secretary", referring to the "Secretary of Labor", was substituted for "Administrator" by former 1950 Reorg. Plan No. 19, § 1, eff. May 24, 1950, 15 F.R. 3178, 64 Stat. 1271.

"Administrator" was substituted for "Commission" by former section 3 of 1946 Reorg. Plan No. 2, eff. July 16, 1946, 11 F.R. 7873, 60 Stat. 1095.

CROSS REFERENCES

Civil penalty for failure or refusal of employer to send report, see section 930 of this title.

Classification as trust funds, appropriation and disbursement of fund for "Relief and rehabilitation, Longshoremen's and Harbor Workers' Compensation Act," see section 7258 (12) of Title 31, Money and Finance.

SECTION REFERRED TO IN OTHER SECTIONS This section is referred to in sections 908, 918, 933, 945 of this title.

§ 945. Administration fund.

(a) There is established in the Treasury of the United States a special fund for the purpose of providing for the payment of all expenses in respect of the administration of this chapter. Such fund shall be administered by the Secretary. The Treasurer of the United States shall be the custodian of such fund, and all moneys and securities in

such fund shall be held in trust by such Treasurer and shall not be the money or property of the United States.

(b) The provisions of subdivisions (b), (d), and (f) of section 944 of this title shall be applicable to the fund established. (Mar. 4, 1927, ch. 509, § 45, 44 Stat. 1445.)

TRANSFER OF FUNCTIONS

All functions of all officers of the Department of the Treasury, and all functions of all agencies and employees of such Department, were transferred, with certain exceptions, to the Secretary of the Treasury, with power vested in him to authorize their performance or the performance of any of his functions, by any such officers, agencies, and employees, by 1950 Reorg. Plan No. 26, §§ 1, 2, eff. July 31, 1950, 15 F.R. 4935, 64 Stat. 1280, set out in the Appendix to Title 5, Government Organization and Employees. The Treasurer of the United States, referred to in this section, is an officer of the Treasury Department. In text of this section, "Secretary", referring to the "Secretary of Labor", was substituted for "Administrator" by former 1950 Reorg. Plan No. 19, § 1, eff. May 24, 1950, 15 F.R. 3178, 64 Stat. 1271.

"Administrator" was substituted for "Commission" by former section 3 of 1946 Reorg. Plan No. 2, eff. July 16, 1946, 11 F.R. 7873, 60 Stat. 1095.

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in sections 939, 947 of this title.

§ 946. Appropriation.

CODIFICATION

Section, act Mar. 4, 1927, ch. 509, § 46, 44 Stat. 1445, appropriated $250,000 to be available for expenses of administration of this chapter for fiscal years ending June 30, 1927, and June 30, 1928.

§ 947. Availability of appropriations.

The expenses incurred for salaries and contingent expenses by the Secretary in the administration (1) of chapter 81 of Title 5, and (2) of this chapter, may be paid from the appropriations for salaries and contingent expenses for the administration of said chapter 81 of Title 5, and from the fund established in section 945 of this title, in such proportion as the Secretary, with the approval of the Director of the Office of Management and Budget, determines to be fairly attributable to the cost of administration of the respective chapters, but the total amount paid from such appropriation and such fund in any fiscal year on account of the administration of said chapter 81 of Title 5, shall not exceed the amounts appropriated for salaries and contingent expenses for the administration of said chapter 81 for such year. (Mar. 4, 1927, ch. 509, 47, 44 Stat. 1445; 1970 Reorg. Plan No. 2, § 102, eff. July 1, 1970, 35 F.R. 7959, 84 Stat. -.)

REFERENCES IN TEXT

Chapter 81 of Title 5, referred to in text, was substituted for original references to act Sept. 7, 1916, which, prior to its incorporation into Title 5, Government Organization and Employees, as such chapter 81 thereof, was popularly known as the "Federal Employees Compensation Act".

TRANSFER OF FUNCTIONS

The Bureau of the Budget was changed to the Office of Management and Budget and offices of Director of the Bureau of the Budget, Deputy Director of the Bureau of the Budget, and Assistant Directors of the Bureau of the Budget were designated Director of the Office of Management and Budget, Deputy Director of the Office of Management and Budget, and Assistant Directors of the Office of Management and Budget, respectively, by

Part I of Reorganization Plan 2 of 1970, set out in the Appendix to Title 5, Government Organization and Employees.

In text of this section, "Secretary", referring to the "Secretary of Labor", was substituted for "Administrator" by former 1950 Reorg. Plan No. 19, eff. May 24, 1950, 15 F.R. 3178, 64 Stat. 1271.

References to United States Employees' Compensation Commission were changed to Administrator by former section 3 of 1946 Reorg. Plan No. 2, eff. July 16, 1946, 11 F.R. 7873, 60 Stat. 1095.

§ 948. Laws inapplicable.

Nothing in sections 183, 184 to 186, 188, or 189 of Title 46, shall be held to limit the amount for which recovery may be had (1) in any suit at law or in admiralty where an employer has failed to secure compensation as required by this chapter, or (2) in any proceeding for compensation, any addition to compensation, or any civil penalty. (Mar. 4, 1927, ch. 509, 48, 44 Stat. 1446.)

§ 949. Effect of unconstitutionality.

If any part of this chapter is adjudged unconstitutional by the courts, and such adjudication has the effect of invalidating any payment of compensation under this chapter, the period intervening between the time the injury was sustained and the time of such adjudication shall not be computed as a part of the time prescribed by law for the commencement of any action against the employer in respect of such injury; but the amount of any compensation paid under this chapter on account of such injury shall be deducted from the amount of damages awarded in such action in respect of such injury. (Mar. 4, 1927, ch. 509, § 49, 44 Stat. 1446.) § 950. Separability of provisions.

If any provision of this chapter is declared unconstitutional or the applicability thereof to any person or circumstances is held invalid, the validity of the remainder of the chapter and the applicability of such provision to other persons and circumstances shall not be affected thereby. (Mar. 4, 1927, ch. 509, 50, 44 Stat. 1446.)

Sec.

Chapter 19.-SAINT LAWRENCE SEAWAY

981. Creation of Saint Lawrence Seaway Development Corporation.

982. Management of Corporation.

(a) Appointment of Administrator.

(b) Deputy Administrator; appointment; duties. (c) Advisory Board; composition; meetings; duties; compensation and expenses.

983. Functions of Corporation.

(a) Construction of deep-water navigation works in Saint Lawrence River; conditions precedent.

(b) Coordination of activities regarding power projects.

984. General powers of Corporation. 984a. Repealed.

985. Bonds; issuance; maturity; redemption; interest; purchase of obligations by Secretary of the Treasury.

986. Payments to States and local governments in lieu of taxes; tax exemption of Corporation. Services and facilities of other agencies. (a) Utilization of personnel, services, facilities, and information.

987.

(b) Contributions to retirement and disability, and employees' compensation, funds; payment of costs.

Sec.

988. Rates of charges or tolls.

989.

990.

(a) Negotiation with Canadian authorities; revenue sharing formula; consideration of American financing costs, including interest and debt principal; rules of measurement; hearings and rehearings; approval by President; court review. (b) Principles governing establishment of rates. Annual and special reports.

Offenses and penalties.

(a) Application of penal statutes.

(b) Frauds and false entries, reports, or statements.

(c) Receipt of compensation, or conspiracy, with intent to defraud, etc.

§ 981. Creation of Saint Lawrence Seaway Development Corporation.

There is hereby created, subject to the direction and supervision of the Secretary of Transportation, a body corporate to be known as the Saint Lawrence Seaway Development Corporation (hereinafter referred to as the "Corporation"). (May 13, 1954, ch. 201, § 1, 68 Stat. 93; Oct. 15, 1966, Pub. L. 89-670, § 8(g) (1), 80 Stat. 943.)

AMENDMENT

1966-Pub. L. 89-670 substituted "Secretary of Transportation" for "President, or the head of such agency as he may designate".

ADMINISTRATOR TO REPORT DIRECTLY TO THE SECRETARY OF TRANSPORTATION

Pub. L. 89-670, § 8(g) (2), Oct. 15, 1966, 80 Stat. 943, provided that: "Notwithstanding any other provision of this Act, the Administrator of the Saint Lawrence Seaway Development Corporation shall report directly to the Secretary."

SEPARABILITY OF PROVISIONS

Section 11 of act May 13, 1954, provided: "If any provision of this Act [this chapter, and amendment to section 846 of Title 31] or the application of such provision to any person or circumstances shall be held invalid, the remainder of the Act and the application of such provision to persons or circumstances other than those to which it is held invalid shall not be affected thereby."

EXECUTIVE ORDER NO. 10534

Ex. Ord. No. 10534, June 9, 1954, 19 FR. 3413, as amended by Ex. Ord. No. 10771, June 23, 1958, 23 F.R. 4525, which related to the direction and supervision of the St. Lawrence Seaway Development Corporation, was revoked by section 16 of Ex. Ord. No. 11382, Nov. 28, 1967, 32 F.R. 16247, set out as a note under section 1652 of Title 49, Transportation.

§ 982. Management of Corporation. (a) Appointment of Administrator.

The management of the Corporation shall be vested in an Administrator who shall be appointed by the President, by and with the advice and consent of the Senate.

(b) Deputy Administrator; appointment; duties.

To assist the Administrator in the execution of the functions vested in the Corporation there shall be a Deputy Administrator who shall be appointed by the President, by and with the advice and consent of the Senate. The Deputy Administrator shall perform such duties as the Administrator may from time to time designate, and shall be acting Administrator and perform the functions of the Administrator during the absence or disability of the Administrator or in the event of a vacancy in the Office of the Administrator.

(c) Advisory Board; composition; meetings; duties; compensation and expenses.

There is established the Advisory Board of the Saint Lawrence Seaway Development Corporation, which shall be composed of five members appointed by the President, by and with the advice and consent of the Senate, not more than three of whom shall belong to the same political party. The Advisory Board shall meet at the call of the Administrator, who shall require it to meet not less often than once each ninety days; shall review the general policies of the Corporation, including its policies in connection with design and construction of facilities and the establishment of rules of measurement for vessels and cargo and rates of charges or tolls; and shall advise the Administrator with respect thereto. Members of the Advisory Board shall receive for their services as members compensation of not to exceed $50 per diem when actually engaged in the performance of their duties, together with their necessary traveling expenses while going to and coming from meetings. (May 13, 1954, ch. 201, § 2, 68 Stat. 93.)

CODIFICATION

Provisions of subsecs. (a) and (b) which prescribed the compensation of the Administrator and the Deputy Administrator were omitted to conform to the provisions of act July 31, 1956, ch. 804, title I, §§ 106(a), 107(a), 70 Stat. 738. Pay provisions are now covered by section 5315 of Title 5, Government Organization and Employees. § 983. Functions of Corporation.

(a) Construction of deep-water navigation works in Saint Lawrence River; conditions precedent. The Corporation is authorized and directed to construct, in United States territory, deep-water navigation works substantially in accordance with the "Controlled single stage project, 238–242” (with a controlling depth of twenty-seven feet in channels and canals and locks at least eight hundred feet long, eighty feet wide, and thirty feet over the sills), designated as "works solely for navigation" in the joint report dated January 3, 1941, of the Canadian Temporary Great Lakes-Saint Lawrence Basin Committee and the United States Saint Lawrence Advisory Committee, in the International Rapids section of the Saint Lawrence River together with necessary dredging in the Thousand Islands section; and to operate and maintain such works in coordination with the Saint Lawrence Seaway Authority of Canada, created by chapter 24 of the acts of the fifth session of the Twenty-first Parliament of Canada 15-16, George VI (assented to December 21, 1951): Provided, That the Corporation shall not proceed with the aforesaid construction unless and until

(1) the Saint Lawrence Seaway Authority of Canada, provides assurances satisfactory to the Corporation that it will complete the Canadian portions of the navigation works authorized by section 10, chapter 24 of the acts of the fifth session of the Twenty-first Parliament of Canada 15-16, George VI, 1951, as nearly as possible concurrently with the completion of the works authorized by this section;

(2) the Corporation has received assurances satisfactory to it that the State of New York, or an entity duly designated by it, or other licensee of the

Federal Power Commission, in conjunction with an appropriate agency in Canada, as nearly as possible concurrently with the navigation works herein authorized, will construct and complete the dams and power works approved by the International Joint Commission in its order of October 29, 1952 (docket 68) or any amendment or modification thereof.

(b) Coordination of activities regarding power proj

ects.

The Corporation shall make necessary arrangements to assure the coordination of its activities with those of the Saint Lawrence Seaway Authority of Canada and the entity designated by the State of New York, or other licensee of the Federal Power Commission, authorized to construct and operate the dams and power works authorized by the International Joint Commission in its order of October 29, 1952 (docket 68) or any amendment or modification thereof. (May 13, 1954, ch. 201, § 3, 68 Stat. 93.)

§ 984. General powers of Corporation.

(a) For the purpose of carrying out its functions under this chapter the Corporation

(1) shall have succession in its corporate name;

(2) may adopt and use a corporate seal, which shall be judicially noticed;

(3) may sue and be sued in its corporate name; (4) may adopt, amend, and repeal bylaws, rules, and regulations governing the manner in which its business may be conducted and the powers vested in it may be exercised;

(5) may make and carry out such contracts or agreements as are necessary or advisable in the conduct of its business;

(6) shall be held to be an inhabitant and resident of the northern judicial district of New York within the meaning of the laws of the United States relating to venue of civil suits;

(7) may appoint and fix the compensation, in accordance with the provisions of chapter 51 and subchapter III of chapter 53 of Title 5, of such officers, attorneys, and employees as may be necessary for the conduct of its business, define their authority and duties, delegate to them such of the powers vested in the Corporation as the Administrator may determine, require bonds of such of them as the Administrator may designate, and fix the penalties and pay the premium on such bonds;

(8) may acquire, by purchase, lease, condemnation, or donation such real and personal property and any interest therein, and may sell, lease, or otherwise dispose of such real and personal property, as the Administrator deems necessary for the conduct of its business;

(9) shall determine the character of and the necessity for its obligations and expenditures, and the manner in which they shall be incurred, allowed and paid, subject to provisions of law specifically applicable to Government corporations;

(10) may provide services and facilities necessary in the maintenance and operation of the seaway, including but not limited to providing, at reasonable prices, services to vessels using the

seaway and to visitors to the seaway, but not to include overnight housing accommodations for visitors;

(11) may participate with the Saint Lawrence Seaway Authority of Canada, or its designee, in the ownership and operation of a toll bridge company: Provided, That the United States' portion of the revenue from the tolls charged to the users of any toll bridge operated under this section shall be applied solely to the cost of the bridge and approaches, including maintenance and operation, amortization of principal and interest, as established by the Secretary of the Treasury; and

(12) shall be credited with amounts received from any of the activities authorized by clauses (10) and (11) of this subsection.

(b) Amounts credited under subsection (a) (12) of this section are available to pay any obligation or expense of the Corporation under this chapter, except as specifically provided in subsection (a) (11) of this section. (May 13, 1954, ch. 201, § 4, 68 Stat. 94; July 17, 1957, Pub. L. 85-108, § 1 (1)—(3), 71 Stat. 307.)

AMENDMENTS

1957-Subsec. (a) (10)—(12) and subsec. (b). Pub. L. 85-108 added subsec. (a) (10)—(12) and subsec. (b).

CIVIL ACTIONS GENERALLY; VENUE

Venue of civil actions in United States District Courts, see section 1391 et seq., of Title 28, Judiciary and Judicial Procedure.

§ 984a. Repealed. June 28, 1955, ch. 189, § 12 (c) (11), 69 Stat. 181.

Section, act Aug. 26, 1954, ch. 935, ch. VIII, § 801, 68 Stat. 818, authorized the Administrator to place not more than four positions in grades 16, 17, or 18 of the General Schedule established by the Classification Act of 1949.

§ 985. Bonds; issuance; maturity; redemption; interest; purchase of obligations by Secretary of the Treasury.

(a) To finance its activities, the Corporation may issue revenue bonds payable from corporate revenue to the Secretary of the Treasury. The total face value of all bonds so issued shall not be greater than $140,000,000. Not more than fifty per centum of the bonds may be issued during any one year. Such obligations shall have maturities agreed upon by the Corporation and the Secretary of the Treasury, not in excess of fifty years. Such obligations may be redeemable at the option of the Corporation before maturity in such manner as may be stipulated in such obligations, but the obligations thus redeemed shall not be refinanced by the Corporation. The Secretary of the Treasury is authorized and directed to purchase any obligations of the Corporation to be issued hereunder 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 the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under the Second Liberty Bond Act, as amended, are extended to include any purchases of the Corporation's obligations hereunder.

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