under this Act, to the extent that the Secretary determines 
that the delegation would further the purposes of this Act. 
(c) TRANSFER
OF ASSETS
AND PERSONNEL.—In 
connection with any delegation of functions under sub-
section (b), the Secretary may transfer to the department 
or agency concerned such assets, funds, personnel, 
records, and other property relating to the delegated func-
tion as the Secretary determines to be appropriate. 
(d) AUTHORITIES OF THE SECRETARY.—For pur-
poses of performing the functions of the Secretary under 
this Act and subject to the availability of appropriations, 
the Secretary may— 
(1) enter into contracts; 
(2) employ experts and consultants in accord-
ance with section 3109 of title 5, United States 
Code, at rates for individuals not to exceed the per 
diem rate equivalent to the rate for level IV of the 
Executive Schedule; and 
(3) utilize, on a reimbursable basis, the services, 
facilities, and personnel of other Federal agencies. 
SEC. 7. PERSONNEL. 
Effective on the abolishment date, there are trans-
ferred to the Department of the Treasury all individuals, 
other than members of the Board of Directors of the 
Bank, who— 
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(1) immediately before the abolishment date, 
were officers or employees of the Bank; and 
(2) in their capacity as such an officer or em-
ployee, performed functions that are transferred to 
the Secretary under section 4(a)(2). 
SEC. 8. TRANSFER OF INSPECTOR GENERAL DUTIES. 
(a) TERMINATION OF THE OFFICE OF INSPECTOR 
GENERAL
FOR
THE EXPORT-IMPORT BANK
OF
THE 
UNITED STATES.—Notwithstanding any other provision 
of law, the Office of Inspector General for the Bank shall 
terminate on the abolishment date, and the assets and ob-
ligations of the Office shall be transferred to the Office 
of the Inspector General for the Department of the Treas-
ury or otherwise disposed of. 
(b) AUTHORITY AND RESPONSIBILITY FOR TRANS-
FER OR DISPOSAL.—The Secretary shall have the author-
ity and responsibility for transfer or disposal under sub-
section (a). 
(c) SAVINGS PROVISION.—The provisions of this sec-
tion shall not affect the performance of any pending audit, 
investigation, inspection, or report by the Office of the In-
spector General for the Bank as of the abolishment date, 
with respect to functions transferred by this section. Noth-
ing in this subsection shall be deemed to prohibit the dis-
continuance or modification of any performance under the 
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same terms and conditions and to the same extent that 
such performance could have been discontinued or modi-
fied if this section had not been enacted. 
SEC. 9. EXERCISE OF AUTHORITIES. 
Except as otherwise provided by law, a Federal offi-
cial to whom a function is transferred by this Act may, 
for purposes of performing the function, exercise all au-
thorities under any other provision of law that were avail-
able with respect to the performance of that function to 
the official responsible for the performance of the function 
immediately before the effective date of the transfer of the 
function under this Act. 
SEC. 10. TRANSFER OF ASSETS. 
Except as otherwise provided in this Act, so much 
of the personnel, property, records, and unexpended bal-
ances of appropriations, allocations, and other funds em-
ployed, used, held, available, or to be made available in 
connection with a function transferred to an official or 
agency by this Act shall be available to the official or the 
head of that agency, respectively, at such time or times 
as the Director of the Office of Management and Budget 
directs for use in connection with the functions trans-
ferred. 
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SEC. 11. DELEGATION AND ASSIGNMENT. 
Except as otherwise expressly prohibited by law, an 
official to whom functions are transferred under this Act 
(including the head of any office to which functions are 
transferred under this Act) may delegate any of the func-
tions so transferred to such officers and employees of the 
office of the official as the official may designate, and may 
authorize successive redelegations of such functions as 
may be necessary or appropriate. No delegation of func-
tions under this section or under any other provision of 
this Act shall relieve the official to whom a function is 
transferred under this Act of responsibility for the admin-
istration of the function. 
SEC. 12. AUTHORITY OF THE SECRETARY OF THE TREAS-
URY WITH RESPECT TO FUNCTIONS TRANS-
FERRED. 
(a) DETERMINATIONS.—If necessary, the Secretary 
shall make any determination of the functions that are 
transferred under this Act. 
(b) INCIDENTAL TRANSFERS.—The Secretary, at 
such time or times as the Secretary shall provide, may 
make such determinations as may be necessary with re-
gard to the functions transferred by this Act, and to make 
such additional incidental dispositions of personnel, assets, 
liabilities, grants, contracts, property, records, and unex-
pended balances of appropriations, authorizations, alloca-
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tions, and other funds held, used, arising from, available 
to, or to be made available in connection with such func-
tions, as may be necessary to carry out the provisions of 
this Act. 
SEC. 13. SAVINGS PROVISIONS. 
(a) LEGAL DOCUMENTS.—All orders, determinations, 
rules, regulations, permits, grants, loans, contracts, agree-
ments, certificates, licenses, and privileges— 
(1) that have been issued, made, granted, or al-
lowed to become effective by the President, the 
Bank, any officer or employee of any office trans-
ferred by this Act, or any other Government official, 
or by a court of competent jurisdiction, in the per-
formance of any function that is transferred by this 
Act, and 
(2) that are in effect on the effective date of the 
transfer (or become effective after such date pursu-
ant to their terms as in effect on such effective 
date), 
shall continue in effect according to their terms until 
modified, terminated, superseded, set aside, or revoked in 
accordance with law by the President, any other author-
ized official, a court of competent jurisdiction, or operation 
of law. 
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