AUTHORIZATION OF EXPENDITURES.

SEC. 3511. AUTHORIZATION OF EXPENDITURES. (a) In General.—For fiscal year 1993, the Panama Canal Commission (subject to subsection (b)) may make such expenditures and, without regard to fiscal year limitations, may enter into such contracts and commitments, within the limits of funds and borrowing authority available to it in accordance with law, as may be necessary under the Panama Canal Act of 1979 (22 U.S.C. 3601 et seq.) for the operation, maintenance, and improvement of the Panama Canal for fiscal year 1993. (b) Limitation on Administrative Expenses.— For fiscal year 1993, the Panama Canal Commission may expend from funds in the Panama Canal Revolving Fund not more than $51,156,000 for administrative expenses, of which not more than— (1) $12,000 may be used for official reception and representation expenses of the Supervisory Board of the Commission; (2) $6,000 may be used for official reception and representation expenses of the Secretary of the Commission; and (3) $34,000 may be used for official reception and representation expenses of the Administrator of the Commission. (c) Purchase of Passenger Vehicles.—Funds available to the Panama Canal Commission may be used for the purchase of passenger motor vehicles (including large heavy-duty vehicles) to be used to transport Commission personnel across the Isthmus of Panama. A passenger motor vehicle may be purchased with such funds only as necessary to replace another passenger motor vehicle of the Commission. No passenger motor vehicle may be purchased with such funds for a price in excess of $18,000.