§ 3307. — Administration.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 12USC3307]
TITLE 12--BANKS AND BANKING
CHAPTER 34--FEDERAL FINANCIAL INSTITUTIONS EXAMINATION COUNCIL
Sec. 3307. Administration
(a) Authority of Chairman of Council
The Chairman of the Council is authorized to carry out and to
delegate the authority to carry out the internal administration of the
Council, including the appointment and supervision of employees and the
distribution of business among members, employees, and administrative
units.
(b) Use of personnel, services, and facilities of Federal financial
institutions regulatory agencies, Federal Reserve banks, and
Federal Home Loan Banks
in \1\ addition to any other authority conferred upon it by this
chapter, in carrying out its functions under this chapter, the Council
may utilize, with their consent and to the extent practical, the
personnel, services, and facilities of the Federal financial
institutions regulatory agencies, Federal Reserve banks, and Federal
Home Loan Banks, with or without reimbursement therefor.
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\1\ So in original. Probably should be capitalized.
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(c) Compensation, authority, and duties of officers and employees;
experts and consultants
In addition, the Council may--
(1) subject to the provisions of title 5 relating to the
competitive service, classification, and General Schedule pay rates,
appoint and fix the compensation of such officers and employees as
are necessary to carry out the provisions of this chapter, and to
prescribe the authority and duties of such officers and employees;
and
(2) obtain the services of such experts and consultants as are
necessary to carry out the provisions of this chapter.
(Pub. L. 95-630, title X, Sec. 1008, Nov. 10, 1978, 92 Stat. 3696.)
References in Text
The provisions of title 5 relating to the competitive service,
referred to in subsec. (c), are classified generally to section 3301 et
seq. of Title 5, Government Organization and Employees.
The provisions of title 5 relating to classification, referred to in
subsec. (c), are classified generally to chapter 51 (Sec. 5101 et seq.)
and to subchapter III (Sec. 5331 et seq.) of chapter 53 of Title 5.
The provisions of title 5 relating to General Schedule pay rates,
referred to in subsec. (c), are set out under section 5332 of Title 5.
