Volume 95 · 1517
Public Law 97–111
To permit to become effective certain Farm Credit Administration regulations which expand the authority of financing institutions, other than farm credit system institutions, to borrow from and discount with Federal intermediate credit banks.
Approved December 26, 1981
Statutory text
An Act
To permit to become effective certain Farm Credit Administration regulations which expand the authority of financing institutions, other than farm credit system institutions, to borrow from and discount with Federal intermediate credit banks.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That, notwithstanding
Farm Credit Administration regulations.
Effective date.
any other provision of law, the final regulations issued by the Farm Credit Administration amending subpart P, part 614, title 12 of the Code of Federal Regulations, published in the Federal Register of October 22, 1981 (46 F.R. 51886–51889), together with an amendment hereto published in the Federal Register of December 8, 1981 (46 F.R. 59959), which implement the provisions of section 2.3 of the Farm Credit Act of 1971, as amended by the Farm Credit Act Amendments
of 1980, shall become effective on the date of enactment of this Act.
Sec. 2.
The provisions of the first section of this Act shall not be deemed an expression of congressional approval of such regulations and the amendment thereto.
Approved December 26, 1981.