Volume 70 · 511
Public Law 84–667
To facilitate the making of lease-purchase agreements by the Administrator of General Services under the Public Buildings Act of 1948, as amended, and by the Postmaster General under the Post Office Department Property Act of 1954, and for other purposes.
Approved July 9, 1956
Statutory text
AN ACT
To facilitate the making of lease-purchase agreements by the Administrator of General Services under the Public Buildings Act of 1948, as amended, and by the Postmaster General under the Post Office Department Property Act of 1954, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That subsection (e) of section 411 of the Public Buildings Act of 1949, as added by section
101 of the Public Buildings Contract Act of 1954 (68 Stat. 518), is further amended—
by repealing so much of said subsection (e) as reads: “No proposed purchase contract agreement shall be executed under this section unless such agreement has been approved by the Director of the Bureau of the Budget, as evidenced by a written statement of such officer to the effect that the execution of such agreement is necessary and is in conformity with the policy of the President.”; and
by adding at the end of subparagraph 8 of said subsection (e) the following: “Such statement by the Director shall be based on budgetary and related considerations and shall not be deemed to constitute approval by the Director of the specific terms or provisions of any proposed agreement or of the selection of any particular contractor or lessor.”
Sec. 2.
Subsection (g) of section 202 of the Post Office Department Property Act of 1954, 68 Stat. 521, is amended—
by repealing so much of said subsection (g) as reads: “No proposed lease-purchase agreement shall be executed under this section unless such agreement has been approved by the Director of the Bureau of the Budget, as evidenced by a written statement of such officer to the effect that the execution of such agreement is necessary and is in conformity with the policy of the President.”; and
by adding at the end of subparagraph 8 of said subsection
(g) the following: “Such statement by the Director shall be based on budgetary and related considerations and shall not be deemed to constitute approval by the Director of the specific terms or provisions of any proposed agreement or of the selection of any particular contractor or lessor.”
Approved July 9, 1956.