Federal Register - July 1, 1953
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Source: Federal Register
REGISTER
FEDERAL
VOLUME 18
1934
4 O N n tO
NUMBER 127
Washington, Wednesday, July 1, 1953
TITLE 3 THE PRESIDENT
REORGANIZATION PLAN NO. 5
OF 1953
Prepared by the President and Trans mitted to the Senate and the House of Representatives in Congress Assem bled, April 30, 1953, Pursuant to the Provisions of the Reorganization Act of 1949,- Approved June 20, 1949, as Amended1
T he E xport -I mport B ank
of
W ashington
The Managing Director.
There is hereby established the office of Managing Director of the Export-Import Bank of Washington, hereinafter re ferred to as the Managing Director.
The Managing Director shall be ap pointed by the President by and with the advice and consent of the Senate, and shall receive compensation at the rate of $17,500 per annum.
S ec . 2. Deputy Director. There is hereby established the office of Deputy Director of the Export-Import Bank of Washington. The Deputy Director shall be appointed by the President by and with the advice and consent of the Senate, shall receive compensation at the rate of $16,000 per annum, shall per form such functions as the Managing Director may from time to time pre scribe, and shall act as Managing Direc tor during the absence or disability of the Managing Director or in the event of a vacancy in the office of Managing Director.
S ec. 3. Assistant Director. There is hereby established the office of Assistant Director of the Export-Import Bank of Washington. The Assistant Directorshall be appointed by the Managing Di rector under the classified civil service, shall receive compensation at the rate now or hereafter fixed by law for Grade GS-18 of the general schedule estab lished by the Classification Act of 1949, as amended, and shall perform such S ection 1.
1Effective June 30, 1953, under the pro visions of section 6 of the act; published pur suant to section 11 of the act 63 Stat. 203;
5 U. S. C. Sup. 133z. N
functions as the Managing Director may from time to time prescribe.
S ec. 4. Functions transferred to the Managing Director. All functions of the Board of Directors of the Export-Import Bank of Washington are hereby trans ferred to the Managing Director.
S ec . 5. General policies. The Na tional Advisory Council on International Monetary and Financial Problems shall from time to time establish general lend ing and other financial policies which shall govern the Managing Director in the conduct of the lending and other financial operations of the Bank.
S ec . 6. Performance of transferred functions. The Managing Director may from time to time make such provisions as he deems appropriate authorizing the performance of any of the functions of the Managing Director by any other of ficer, or by any agency or employee, of the Bank.
S ec. 7. Abolitims. The following are hereby abolished: 1 The Board of Di rectors of the Export-Import Bank of Washington, including the offices of the members thereof provided for in section 3 a of the Export-Import Bank Act of 1945, as amended; 2 the Advisory Board of the Bank, together with the functions of the said Advisory Board;
and 3 the function of the Chairman of the Board of Directors of the ExportImport Bank of Washington of being a member of the National Advisory Council on International Monetary and Financial Problems. The Managing Director shall make such provisions as may be neces sary for winding up any outstandiiig affairs of the said abolished beards and offices not otherwise provided for in this reorganization plan.
S ec. 8. Effective date. Sections 3 to 7, inclusive, of this reorganization plan shall become effective when the Manag ing Director first appointed hereunder enters upon office pursuant to the pro visions of this reorganization plan.
CONTENTS
THE PRESIDENT
Reorganization Plans
Page
Department of Defense Reorgan ization Plan 6 of 1953---------- 8743
Export-Import Bank of Washing to n Reorganization Plan 5 of 1953____ _______ l________:. 3741
EXECUTIVE AGENCIES
Agriculture Department
See Production and Marketing Administration.
Alien Property Office
Notices:
Vested property; intention to re turn:
Berger, Thorleif_____;______
Haadem, Ivar Loken_______
Hansen, Morten___________
Hartmann, Alfred G-----------Istituto Sieroterapico Mila nese Serafino Beffanti-___
Pomilio, Carlo__________
Scaramella, Dina et al______
Société Franaise des Char bonnages du Tonkin_____
3776
3776
3775
3776
3775
3776
3776
3776
Civil Aeronautics Administra tion
Notices:
Airport District Offices, Region 2; organization and func tions____________________ 3769
Civil Aeronautics Board
Notices:
Colonial Airlines, Inc., et al.;
hearing_________________ 3770
Proposed rule making:
Construction, publication, filing and posting of tariffs of air carriers and of foreign air carriers__ _____ __________ 3768
Commerce Department
See Civil Aeronautics Administra tion; National Production Au thority.
Defense Department
Notification to Department and to General Services Administra tion of placement of procure ment see Defense Mobilization F. R. Doc. 53-5835; Filed, June 30, 1953;, 9:47 a. m.
Office.
3741