PANAMA CANAL BOARD OF CONTRACT APPEALS.

SEC. 3510. PANAMA CANAL BOARD OF CONTRACT APPEALS. (a) Establishment and Pay of Board.— Section 3102(a) (22 U.S.C. 3862(a)) is amended— (1) in paragraph (1), by striking out “shall” in the first sentence and inserting in lieu thereof “may”; and (2) by adding at the end the following new paragraph: “(3) Compensation for members of the Board of Contract Appeals shall be established by the Commission’s supervisory board. The annual compensation established for members may not exceed the rate of basic pay established for level IV of the Executive Schedule under section 5315 of title 5, United States Code. The compensation of a member may not be reduced during the member’s term of office from the level established at the time of the appointment of the member.”. (b) Deadline for Commencement of Board.— Section 3102(e) (22 U.S.C. 3862(e)) is amended by striking out “, but not later than January 1, 1999”.