Page:United States Statutes at Large Volume 76.djvu/89

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[76 Stat. 41]
[76 Stat. 41]
PUBLIC LAW 87-000—MMMM. DD, 1962

76 STAT. ]


PUBLIC LAW 87-420-MAR. 20, 1962

"(2) The exemption granted by paragraph (1) of this subsection shall not extend— " (A) to the receipt or payment of salary in connection with the appointee's Government service from any source other than the private employer of the appointee at the time of his appointment, or "(B) during the period of such appointment, to the prosecution or participation in the prosecution, hj any person so appointed, of any claim against the Government involving any matter with which such person, during such period, is or was directly connected by reason of such appointment. <ADMINISTRATION (

"SEC. 15. (a) The provisions of the Administrative Procedure Act shall be applicable to this Act. "(b) No employee of the Department of Labor shall administer or enforce this Act with respect to any employee organization of which he is a member or employer organization in which he has an interest. "(c) No more than 260 employees shall be employed by the Department of Labor to administer or enforce this Act for the first two years after the enactment of the Welfare and Pension Plans Disclosure Act Amendments of 1962. "(d) Not more than two million two hundred thousand dollars per year is authorized to be appropriated for the administration and enforcement of this Act, for the first two years after the enactment of the Welfare and Pension Plans Disclosure Act Amendments of 1962." (b) Subsection (b) of the section renumbered as section 16 by this Act, is amended by inserting after "of this section" the following: "and section 13". (c) The table of contents of the first section of such Act is amended by striking out the last three lines and inserting in lieu thereof the following: "Sec. "Sec. "Sec, "Sec. "Sec. "Sec. "Sec. "Sec. "Sec.

10. 11. 12. 13. 14. 15. 16. 17. 18,

60 Stat. 237. 5 USC 1001 note. Applicability,



Ante, p. 38. 72 Stat. 997. 29 USC 301 note.

Reports made public information. Retention of records. Reliance on administrative interpretations and forms. Bonding. Advisory Council. Administration. Effect of other laws, Separability of provisions. Effective date."

SEC. 17. (a) Chapter 31 of title 18, United States Code, as amended, is amended by adding a new section captioned and reading as follows: '*§ 664. Theft or embezzlement from employee benefit plan "Any person who embezzles, steals, or unlawfully and willfully abstracts or converts to his own use or to the use of another, any of the moneys, funds, securities, premiums, credits, property, or other assets of any employee welfare benefit plan or employee pension benefit plan, or of any fund connected therewith, shall be fined not more than $10,000, or imprisoned not more than five years, or both. "As used in this section, the term 'any employee welfare benefit plan or employee pension benefit plan' means any such plan subject to the provisions of the Welfare and Pension Plans Disclosure Act."

18 USC 641-663.