Waivers of Certain Federal Laws.—

Sec. 533. Waivers of Certain Federal Laws.— Whenever the President determines it to be in furtherance of purposes declared in this Act, the functions authorized under this Act may be performed, without regard to such provisions of law (other than the Renegotiation Act of 1951, as amended) regulating the making, performance, amendment, or modification of contracts and the expenditure of Government funds as the President may specify.