42 U.S.C. § 8791 to 8793

Apr. 7, 1986Pub. L. 96–294section 8801 of this title Within 60 days of the date of enactment of this Act [], the Directors of the Corporation shall terminate their duties under the Energy Security Act [; see Short Title note set out under ] and be discharged.

Apr. 7, 198642 U.S.C. 8791 Within 120 days of the date of enactment of this Act [], the Corporation shall terminate, except as otherwise provided in this subtitle, in accordance with subtitle J of part B of title I of the Energy Security Act [ to 8793].

Apr. 7, 1986Pub. L. 96–294, title Isection 4501 of Title 50Provided, howeverAnd provided further Within 60 days of the date of enactment of this Act [] (or earlier, in the event of absence of a Chairman of the Board of Directors of the Corporation), the Secretary of the Treasury shall assume the duties of the Chairman of the Board of Directors of the Corporation. The Secretary of the Treasury shall have the authority to negotiate and execute agreements modifying an existing contract relating to the production of synthetic crude oil from oil shale, entered into under the Defense Production Act Amendments of 1980 [, part A, see Short Title of 1980 Amendment note set out under , War and National Defense] and subsequently transferred to the Secretary of the Treasury for administration, provided the terms and conditions of any modification(s) are revenue neutral or result in a fiscal savings to the United States Government, and in no event would increase the financial exposure of the United States Government under the contract: , That the Secretary of the Treasury shall have no authority to increase the total amount of funds originally authorized for the existing contract: , That the Secretary shall have no authority to negotiate and execute any agreement modifying the existing contract if such modification(s) would increase or accelerate the financial support per unit for the synthetic fuel to be produced under the contract.

42 U.S.C. 8791 Notwithstanding any other provision of law, the duties and responsibilities of the Secretary of the Treasury under subtitle J of part B of title I of the Energy Security Act [ to 8793] or this Act [see Tables for classification] may not be transferred to any other Federal department or agency.

42 U.S.C. 8731 Notwithstanding such termination of the Corporation, the Advisory Committee established under section 123 of the Energy Security Act (42 U.S.C 8719) shall remain in effect to advise the Secretary of the Treasury regarding the administration of any contract or obligation of the Corporation pursuant to subtitle D of part B of title I of such Act [ to 8740].

42 U.S.C. 8731(q)Pub. L. 96–294section 8801 of this titleApr. 7, 1986 To the extent that the Secretary of the Treasury may be required to take an action under section 131(q) of the Energy Security Act [] in connection with an award or commitment of financial assistance under such Act [; see Short Title note set out under ], the Secretary shall complete such action within 30 days of the date of enactment of this Act [].

February 1, 1986Apr. 7, 1986 The Director of the Office of Personnel Management shall, before , determine the amount of compensation or benefits which each Director, officer, or employee of the Corporation shall be legally entitled to under any contract as of the date of enactment of this Act [].

Apr. 7, 1986 Effective on the date of enactment of this Act [], no change in any Director, officer, or employee compensation or benefits shall be allowed or permitted, unless the Director of the Office of Personnel Management agrees that such change is reasonable.