Pub. L. 91-599, ch. 4, sec. 42

Audit by General Accounting Office

EnactedYear: 1970Length: 205 wordsOfficial source
§ 42. Audit by General Accounting Office Section 10(b) of the Gold Reserve Act of 1934 (31 U.S.C. 822a(b)) is amended by inserting after the first sentence thereof the following; “Subject to the foregoing provisions the administrative expenses of the fund shall be audited by the General Accounting Office at. such times and in such manner as the Comptroller General of the United States may by regulation prescribe for the purpose of ascertaining that administrative funds are properly accounted for and that fully adequate accounting procedures and systems for control of such funds have been established. Except for information determined by the Secretary to be of an internationally significant nature, there shall be furnished to the Comptroller General such information on the administrative expenses of the fund as is necessary to conduct the audit, and the Comptroller General or any of his representatives shall, for the purpose of securing this information, have access to all books, accounts, records, reports, files, and all other papers, things, or property belonging to or in use by the United States Government (other than records, reports, files, or other papers or things containing or revealing information determined by the Secretary of the Treasury to be of an internationally significant nature).”
Pub. L. 91-599, ch. 4, sec. 42: Audit by General Accounting Office | Justis AI