Pub. L. 84-1028, tit. 10, subtit. C, pt. I, ch. 507, sec. 5064
Office of Budget and Reports: Director; Assistant Director
§ 5064. Office of Budget and Reports: Director; Assistant Director (a) The Director of Budget and Reports is the head of the Office of Budget and Reports. He shall be appointed by the President, by and with the advice and consent of the Senate, for a term of three years, from officers on the active list in the line of the Navy not below the grade of lieutenant commander. (b) The Director is entitled to the same rank, pay, allowances, and privileges of retirement as provided for chiefs of bureaus in section 5133 of this title. (c) An officer in the line of the Navy may be detailed as Assistant Director of Budget and Reports. While so serving, he is entitled to the highest pay of his grade. (d) When there is a vacancy in the office of Director, or during the absence or disability of the Director, the Assistant Director, unless otherwise directed by the President, shall perform the duties of the Director until a successor is appointed or the absence or disability ceases.