AUTHORITY OF FINANCIAL ASSISTANCE CORPORATION.

SEC. 307. AUTHORITY OF FINANCIAL ASSISTANCE CORPORATION. (a) Purpose.—Section 6.21 (12 U.S.C. 2278b–1) is amended by inserting before the period at the end the following: “and to assist, pursuant to section 6.9(e) and subsections (c) through (g) of section 6.26, in the repayment by System institutions to those persons who provided funds in connection with the program”. (b) Termination.—Section 6.31(a) (12 U.S.C. 22786–11(a)) is amended by striking “terminate on” and inserting the following: “terminate on the complete discharge by the Financial Assistance Corporation of its responsibilities under section 6.9(e) and subsections (c) through (g) of section 6.26 with regard to repayments by System institutions, but in no event later than 2 years following”.