Page:United States Statutes at Large Volume 103 Part 1.djvu/386

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103 STAT. 358 PUBLIC LAW 101-73 —AUG. 9, 1989 Federal Register, publication. Regulations. shall remain in effect according to the terms of such regulations and orders and shall be enforceable by the Federal Deposit Insurance Corporation unless determined otherwise by such Corporation after consultation with the Director of the Office of Thrift Supervision and, with respect to regulations and orders relating to the scope of deposit insurance coverage, pursuant to subsection (c). (b) IDENTIFICATION OF REGULATIONS WHICH REMAIN IN EFFECT PURSUANT TO THIS SECTION.— Before the end of the 60-day period beginning on the date of the enactment of this Act, the Director of the Office of Thrift Supervision and the Chairperson of the Federal Deposit Insurance Corporation shall— (1) identify the regulations and orders referred to in subsec- tion (a) of this section in accordance with the allocation of authority between them under this Act and the amendments made by this Act; and (2) promptly publish notice of such identification in the Fed- eral Register. (c) PROCEDURE FOR DIFFERENCES IN DEPOSIT INSURANCE COVERAGE BETWEEN FSLIC AND FDIC— (1) TRANSITION RULE. —Until the effective date of regulations prescribed under paragraph (3)(B), any determination of the amount of any insured deposit in any depository institution which becomes an insured depository institution as a result of the amendment made to section 4(a) of the Federal Deposit Insurance Act by section 205(1) of this Act shall be made in accordance with the regulations and interpretations of the Fed- eral Savings and Loan Insurance Corporation for determining the amount of an insured account which were in effect on the day before the date of the enactment of this Act. (2) LIMITATION ON EXTENT OF COVERAGE.— During the period beginning on the date of the enactment of this Act and ending on the effective date of regulations prescribed under paragraph (3)(B), the amount of any insured account which is required to be treated as an insured deposit pursuant to paragraph (1) shall not exceed the amount of insurance to which such insured account would otherwise have been entitled pursuant to the regulations and interpretations of the Federal Savings and Loan Insurance Corporation which were in effect on the day before the date of the enactment of this Act. (3) UNIFORM TREATMENT OF INSURED DEPOSITS. —The Federal Deposit Insurance (Dorporation shall— (A) review its regulations, principles, and interpretations for deposit insurance coverage and those established by the Federal Savings and Loan Insurance Corporation; and (B) on or before the end of the 270-day period beginning on the date of the enactment of this Act, prescribe a uniform set of regulations which shall be applicable to all ^-sv insured deposits in insured depository institutions (except ,.; to the extent any provision of this Act, any amendment made by this Act to the Federal Deposit Insurance Act, or /^ any other provision of law requires or explicitly permits the Federal Deposit Insurance Corporation to treat insured deposits of Savings Association Insurance Fund members differently than insured deposits of Bank Insurance Fund members). (4) FACTORS REQUIRED TO BE CONSIDERED.— In prescribing regu- lations providing for the uniform treatment of deposit insurance