PUBLIC LAW 95-91— AUG. 4, 1977 



91 STAT. 593 



oern, or own stocks or lionds of any eiiiMfry conferii, or have any pecu- 

 niary interest therein. 



(b) Personnel transferreil to tlie Department |)iiisnant to section 

 701 of this Act sliall have si.x niontlis to comply with the provisions 

 of subsection (a) with respect to prohibited property holdings. Any 

 person transfeired puisuant to section 701 of this Act shall notify the 

 Secretary or his designee of all known circumstances wliich would be 

 violative of the restrictions set forth in subsection (a) not later than 

 thirty days after the date of such tiansfer, as detei mined by the LTnited 

 States ("ivil Service ('oiniiii.ssion. 



(c) AVhere exceptional hardship would result, or where the inter- 

 est is a pension, insurance or other similarly vested interest, the 

 Secretary is authorized to waive the recpiirenients of tiiis section for 

 sucli period as he may prescrilie with respect to any supervisory 

 employee covered. Such waivei- shall : 



(1) be published in the Federal Register; 



(2) contain a finding by the Secretary that exceptional hard- 

 ship would result or that there is such a vested intere.st; and 



(3) state the period of the waiver and indicate the actions taken 

 to minimize or eliminate the conflict of interest during such 

 period. 



(d) Any supervisory employee who continues to receive income 

 from any energy concein, or continues to own property directly or 

 indirectly in any such concein shall disclo.se such income or owner- 

 ship pursuant to section 603. 



Transferred 

 personnel, 

 compliance. 

 Notice. 



Waiver. 



Publication in 

 Federal Register. 



DISCI.OSl^KE OF K.VKRliY ASSETS 



Skc. 603. (a) Each individual who at any time during the calendar 

 yeai' serves as an officer or employee of the Department shall disclose to 

 the Secretary — 



(1) the amount of income and the identity of the source of 

 income knowingly recei\ed by such individual, his spouse, or 

 dependent from any energy concern, and 



(2) the identity and value of interest knowingly held in any 

 such concern 



during such calendar year. Such repoit shall be filed not later than 

 thirty days after commencing service in the Department and on May 

 15 following each such calendar year. Each report under this sub- 

 section shall be in such form and manner as the Secretary shall, by rule, 

 prescribe. 



(b) The Secretary shall - 



(1) act, within ninety days after the efl'ective date of this Act, 

 by rule to establish the methods by which the requirement to file 

 written statements specifietl in subsection (a) will be monitored 

 and enforced, including approjiriate jnovisions for the filing by 

 such oflicers and employees of such statements, for the recording 

 by the reviewing official of puy action taken to eliminate any poten- 

 tial conflict, and for the signing of such statement by the re\ iew- 

 ing official ; and 



(2) include, as part of the repoit made pursuant to section 

 657, a report with respect to such disclosures and the actions taken 

 in regard thereto during the |)receding calendar year. 



(c) In the rules i)rescribed in subsection (b), the Secretary shall 

 identify specific positions, or classes thereof, within the Department 

 which are of a nonregulatory or nonpolicymaking nature at or below 

 GS-12 of the General Schedule and shall" exempt such positions and 



Report. 



42 use 7213. 



Exempt 

 positions. 



5 use 5332 note. 



106 



