Pub. L. 88-511, tit. I, under "limitation on general and administrative expenses"

limitation on general and administrative expenses

EnactedYear: 1964Length: 102 wordsOfficial source
limitation on general and administrative expenses Not to exceed $10,639,000 of the funds available to the Panama Canal Company shall be available during the current fiscal year for general and administrative expenses of the Company, including operation of tourist vessels and guide services, which shall be computed on an accrual basis. Funds available to the Panama Canal Company for operating expenses shall be available for the purchase of not to exceed twenty-three passenger motor vehicles, of which eighteen are for replacement only, and for uniforms or allowances therefor, as authorized by the Act of September 1, 1954, as amended (5 U.S.C. 2131).