Limitation on Administrative Expenses, Export-Import Bank of Washington

Limitation on Administrative Expenses, Export-Import Bank of Washington Not to exceed $2,675,000 (to be computed on an accrual basis) of the funds of the Export-Import Bank of Washington shall be available during the current fiscal year for administrative expenses of the Bank, including services as authorized by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a) at rates not to exceed $75 per diem for individuals, purchase of one passenger motor vehicle (for replacement only) at not to exceed $6,250, and not to exceed $9,000 for entertainment allowances for members of the Board of Directors; and, in addition, not to exceed the equivalent of $200,000 of the aggregate amount of foreign currencies made available to the Export- Import Bank for loans pursuant to the Agricultural Trade Development and Assistance Act of 1954, as amended, shall be available during the current fiscal year for expenses incurred by the Export-Import Bank incident to such loans: Provided, That fees or dues to international organizations of credit institutions engaged in financing foreign trade and necessary expenses (including special services performed on a contract or fee basis, but not including other personal services) in connection with the acquisition, operation, maintenance, improvement, or disposition of any real or personal property belonging to the Bank or in which it has an interest, including expenses of collections of pledged collateral, or the investigation or appraisal of any property in respect to which an application for a loan has been made, shall be considered as nonadministrative expenses for the purposes hereof.