648
W i t h d r a w a l of u n o b l i g a t e d balance.
Reports.
Time.
O b l i g a t e d balance.
CoUections.
Accounting and reporting o f withdrawal s.
Payment of obligations.
PUBLIC LAW 7 9 8 - J U L Y 25, 1956
[70
ST A T,
the obligations, in which account shall be merged the amounts so transferred from all appropriation accounts for the same general purposes; and (2) Upon the expiration of the period of availability for obligation, the unobligated balance shall be withdrawn and, if the appropriation was derived in whole or in part from the general fund, shall revert to such fund, but if the appropriation was derived solely from a special or trust fund, shall revert, unless otherwise provided by law, to the fund from which derived: Provided, That when it is determined necessary by the head of the agency concerned that a portion of the unobligated balance withdrawn is required to liquidate obligations and effect adjustments, such portion of the unobligated balance may be restored to the appropriate accounts: Provided further, That prior thereto the head of the agency concerned shall make such I'eport with respect to each such restoration as the Director of the Bureau of the Budget may require, and shall submit such report to the Director, the (comptroller General, the Speaker of the House of Representatives, and the President of the Senate. (b) The withdrawals required by subsection (a)(2) of this section shall be made (1) not later than September 30 of the fiscal year immediately following the fiscal year in which the period of availability for obligation expires, in the case of an appropriation available both for obligation and disbursement on or after the date of approval of this Act; or (2) not later than September 30 of the fiscal year immediately following the fiscal year in which this Act is approved, in the case of an appropriation, which, on the date of approval of this Act, is available only for disbursement. (c) For the purposes of this Act, the obligated balance of an appropriation account as of the close of the fiscal year shall be the amount of unliquidated obligations applicable to such appropriation less the amount collectible as repayments to the appropriation; the unobligated balance shall represent the difference between the obligated balance reported pursuant to section 1311(b) of the Supplemental Appropriation Act, 1965 (68 Stat. 830: 31 U.S.C. 200 (b)), and the total unexpended balance. (Collections authorized to be credited to an appropriation but not received until after the transfer of the obligated appropriation balance as required by subsection (a)(1) of this Act, shall, unless otherwise authorized by law, be credited to the account into which the obligated balance has been transferred, except that any collection made by the General Accounting Office for other Government agencies may be deposited into the Treasury as miscellaneous receipts. (d) The withdrawals made pursuant to subsection (a)(2) of this section shall be accounted for and reported as of the fiscal year in which the appropriations concerned expire for obligation. The withdrawals described in subsection (b)(2) of this section shall be accounted for and reported as of the fiscal year in which this Act is approved. SEC. 2. Each appropriation account established pursuant to this Act shall be accounted for as one fund and shall be available without fiscal year limitation for payment of obligations chargeable against any of the appropriations from which such account was derived. Subject to regulations to be prescribed by the Comptroller General of the United States, payment of such obligations may be made without prior action by the General Accounting Office, but nothing contained in this Act shall be construed to relieve the Comptroller General of the United
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