§ 79z-5. — Hiring and leasing authority of Commission.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC79z-5]
TITLE 15--COMMERCE AND TRADE
CHAPTER 2C--PUBLIC UTILITY HOLDING COMPANIES
Sec. 79z-5. Hiring and leasing authority of Commission
The provisions of section 78d(b) of this title shall be applicable
with respect to the power of the Commission--
(1) to appoint and fix the compensation of such employees as may
be necessary for carrying out its functions under this chapter, and
(2) to lease and allocate such real property as may be necessary
for carrying out its functions under this chapter.
(Aug. 26, 1935, ch. 687, title I, Sec. 31, 49 Stat. 837; Oct. 28, 1949,
ch. 782, title XI, Sec. 1106(a), 63 Stat. 972; Pub. L. 101-550, title I,
Sec. 104(a), Nov. 15, 1990, 104 Stat. 2713.)
Amendments
1990--Pub. L. 101-550 amended section generally. Prior to amendment,
section related to appointment and compensation of employees.
1949--Act Oct. 28, 1949, substituted ``Classification Act of 1949''
for ``Classification Act of 1923''.
Repeals
Act Oct. 28, 1949, ch. 782, cited as a credit to this section, was
repealed (subject to a savings clause) by Pub. L. 89-554, Sept. 6, 1966,
Sec. 8, 80 Stat. 632, 655.
Transfer of Functions
For transfer of functions of Securities and Exchange Commission,
with certain exceptions, to Chairman of such Commission, see Reorg. Plan
No. 10 of 1950, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat.
1265, set out under section 78d of this title.
