Page:United States Statutes at Large Volume 96 Part 1.djvu/991

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PUBLIC LAW 97-000—MMMM. DD, 1982

PUBLIC LAW 97-258—SEPT. 13, 1982 required to forfeit to the Government any part of the money held by the official or agent and to which the official or agent may be entitled. (e) An official or agent of the Government having custody or possession of public money shall keep an accurate entry of each amount of public money received, transferred, and paid. (1) When authorized by the Secretary, an official or agent of the Government having custody or possession of public money, or performing other fiscal agent services, may be allowed necessary expenses to collect, keep, transfer, and pay out public money and to perform those services. However, money appropriated for those expenses may not be used to employ or pay officers and employees of the Government. § 3303. Designation of depositaries (a) The Secretary of the Treasury designates depositaries of money as provided in this section and under other law. (b) When necessary to carry out the business of the United States Government and under conditions the Secretary decides are necessary, the Secretary may designate depositaries in foreign countries and in territories and possessions of the United States to receive deposits of public money. The Secretary shall give preference to United States financial institutions the Secretary decides are safe and able to give the service required. § 3304. Transfers of public money from depositaries The Secretary of the Treasury may transfer public money in the possession of a depositary— (1) to the Treasury; and (2) if the Secretary believes the safety of the public money and convenience require it, to another depositary. § 3305. Audits of depositaries The Secretary of the Treasury, or an officer, employee, or agent designated by the Secretary, may audit a depositary of public money. For uniformity and accuracy in accounts and safety of public money, an individual conducting an audit shall audit a depositary's— (1) books; (2) accounts; (3) returns; and (4) public money on hand and the way the money is kept. SUBCHAPTER II—PAYMENTS § 3321. Disbursing authority in the executive branch (a) Except as provided in this section or another law, only officers and employees of the Department of the Treasury designated by the Secretary of the Treasury as disbursing officials may disburse public money available for expenditure by an executive agency. (b) For economy and efficiency, the Secretary may delegate the authority to disburse public money to officers and employees of other executive agencies. (c) The head of each of the following executive agencies shall designate personnel of the agency as disbursing officials to disburse public money available for expenditure by the agency:

96 STAT. 949