91 STAT. 606 PUBLIC LAW 95-91— AUG. 4, 1977 



AGENCY TERMIXATIONS 



42 use 7293. Sec. 703. Except as otherwise provided in this Act, wlienever all of 



the functions vested by law in any agency, commission, or other body, 

 or any component thereof, have been t<>rmina(ed or transferred from 

 that agency, commission, or other body, or component by this Act, the 

 agency, commission, or otlier bcnly, or component, shall terminate. If 

 an agency, commission, or other body, or any component thereof, ter- 

 minates pursuant to the preceding sentence, ea 'h position and office 

 therein which was expressly autliorized by law, or the incumbent of 

 whicli was authorized to receive compensation at the rates prescribed 

 for an office or position at level II, 111, IV. or V of the Executive 

 Schedule (5 U.S.C. 5313-5316), shall terminate. 



INCIDENTAL TltANSFERS 



42 use 7294. Sec. 704. The Director of the Office of Management and Budget, 



in consultation with the Secretary and the Commission, is authorized 

 and directed to make such determinations as maj' be necessary with 

 regard to the transfer of functions wliich relate to or are utilized by 

 an agency, commission or other body, or component thereof affected 

 by this Act, to make such additional incidental dispositions of person- 

 nel, assets, liabilities, contracts, property, records, and unexpended 

 balances of appropriations, authorizations, allocations, and other funds 

 held, used, arising from, available to or to be made available in con- 

 nection with the functions transferred by this Act, as he may deem 

 necessary to accomplish the purposes of this Act. 



SAVINGS PROVISIONS 



42 use 7295. Sec. 705. (a) All orders, deteiininations, rules, regulations, permits, 



contracts, certificates, licenses, and privileges — 



(1) which have been issued, made, granted, or allowed to 

 become effective by the President, any Federal department or 

 agency or official thereof, or by a court of competent jurisdiction, 

 in the performance of functions which are tran.sferred under this 

 Act to the Department or the Commission after the date of enact- 

 ment of this Act, and 



(2) which are in effect at the time this Act takes effect, 

 shall continue in effect according to their terms until modified, termi- 

 nated, super.seded, set aside, or revoked in acvordance witli law bj' the 

 President, the Secretary, the Federal Energy Regulatory Commis- 

 sion, or other authorized officials, a court of competent Jurisdiction, 

 or by opeiation of law. 



(b)(1) The pi-ovisions of this A<t shall not affect any proceedings 

 or any application for any license, permit, certificate, or financial 

 assistance pending at the time this Act takes efli-d before any depart- 

 ment, agency, commission, or comj)onent Ihereof, functions of which 

 are transferred by this Act; but such proceedings and applications, 

 to the extent that they relate to functions so transferred, sliall be 

 continued. (Orders shall be i.ssucd in such proceedings, appeals shall 

 be taken therefrom. an<l payments shall be made pursuant to such 

 Orders, as if this Act had not been enacted; and orders issued in any 

 such proceedings shall continue in effect until modified, terminated, 

 superseded, or revoked by a duly authorized official, by a court of com- 

 petent jurisdiction, or by opeiation of law. Nothing in this subsection 

 shall be deemed to prohibit the discontinuance or modification of any 



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