§ 4708. — Expenditures from fund.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 20USC4708]
TITLE 20--EDUCATION
CHAPTER 59--BARRY GOLDWATER SCHOLARSHIP AND EXCELLENCE IN EDUCATION
PROGRAM
Sec. 4708. Expenditures from fund
(a) In general
The Secretary of the Treasury may pay to the Foundation from the
interest and earnings of the fund such sums as the Board determines are
necessary and appropriate to enable the Foundation to carry out the
purposes of this chapter.
(b) Audits by GAO
The activities of the Foundation under this chapter may be audited
by the General Accounting Office under such rules and regulations as may
be prescribed by the Comptroller General of the United States.
Representatives of the General Accounting Office shall have access to
all books, accounts, records, reports, and files and all other papers,
things, or property belonging to or in use by the Foundation pertaining
to such activities and necessary to facilitate the audit.
(Pub. L. 99-661, div. A, title XIV, Sec. 1409, Nov. 14, 1986, 100 Stat.
4011.)
