PERMANENT EXTENSION OF CERTAIN TEMPORARY PROVISIONS OF LAW; 5-YEAR EXTENSION OF NET WORTH CERTIFICATES.

SEC. 509. PERMANENT EXTENSION OF CERTAIN TEMPORARY PROVISIONS OF LAW; 5-YEAR EXTENSION OF NET WORTH CERTIFICATES. (a) Permanent Extension.— Part D of title I of the Garn-St Germain Depository Institutions Act of 1982 is repealed. (b) 5-Year Extension of Net Worth Certificates.— Section 206(a) of such Act (12 U.S.C. 1729 note) is amended by striking out “October 13, 1986” and inserting in lieu thereof “October 13, 1991”. (c) Prior Amendments Not Effective.— No amendment made by part D of title I or section 206 of the Garn-St Germain Depository Institutions Act of 1982, as in effect before the date of the enactment of this Act, to any other provision of law shall be deemed to have taken effect before the date of the enactment of this Act and any such provision of law shall be in effect as if no such amendment had been made before such date of enactment.