Page:United States Statutes at Large Volume 112 Part 1.djvu/638

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

112 STAT. 612 PUBLIC LAW 105-186—JUNE 23, 1998 that would assist the Commission in analyzing the disposition of the assets of Holocaust victims. (4) ADVISORY PANELS.— The Chairperson of the Commission may, in the discretion of the Chairperson, establish advisory panels to the Commission, including State or local officials, representatives of organizations having an interest in the work of the Commission, or others having expertise that is relevant to the purposes of the Commission. Deadline. (5) DATE.—The appointments of the members of the Commission shall be made not later than 90 days after the date of enactment of this Act. President. (c) CHAIRPERSON. —The Chairperson of the Commission shall be selected by the President from among the members of the Commission appointed under subparagraph (A) or (B) of subsection (b)(2). (d) PERIOD OF APPOINTMENT.—Members of the Commission shall be appointed for the life of the Commission. (e) VACANCIES. — Any vacancy in the membership of the Commission shall not affect its powers, but shall be filled in the same manner as the original appointment. (f) MEETINGS.— The Commission shall meet at the call of the Chairperson at any time after the date of appointment of the Chairperson. (g) QUORUM.— 11 members of the Commission shall constitute a quorum, but a lesser number of members may hold meetings. 22 USC 1621 SEC. 3. DUTIES OF THE COMMISSION. ^°^' (a) ORIGINAL RESEARCH. — (1) IN GENERAL. — Except as otherwise provided in paragraph (3), the Commission shall conduct a thorough study and develop a historical record of the collection and disposition of the assets described in paragraph (2), if such assets came into the possession or control of the Federal Government, including the Board of Governors of the Federal Reserve System and any Federal reserve bank, at any time after January 30, 1933— (A) after having been obtained from victims of the Holocaust by, on behalf of, or under authority of a govern- -m ment referred to in subsection (c); (B) because such assets were left unclaimed as the result of actions taken by, on behalf of, or under authority of a government referred to in subsection (c); or (C) in the case of assets consisting of gold bullion, monetary gold, or similar assets, after such assets had been obtained by the Nazi government of Germany from governmental institutions in any area occupied by the military forces of the Nazi government of Germany. (2) TYPES OF ASSETS. —Assets described in this paragraph include— (A) gold, including gold bullion, monetary gold, or similar assets in the possession of or under the control of the Board of Governors of the Federal Reserve System or any Federal reserve bank; (B) gems, jewelry, and nongold precious metals; (C) accounts in banks in the United States; (D) domestic fin£incial instruments purchased before May 8, 1945, by individual victims of the Holocaust,