An Act to amend the Federal Credit Union Act
PL 83-454 (S.1665), enacted 06/30/1954

68 
S T A T . ] 
PUBLIC LAW 4 54-JUNE 30, 1954 
335 
Government: Provided further^ That the President may suspend from 
time to time in whole or in part compliance with this section if he 
should deem such course to be in the public interest. 
SEC. 104. The Governor of the Canal Zone is authorized to employ 
services as authorized by section 15 of the Act of August 2, 1946 
(5 U. S. C. 55a), in an amount not exceeding $15,000: Provided^ That 
the rates for individuals shall not exceed $100 per diem. 
SEC. 105. Hereafter appropriations of the Department of Defense 
available for medical care shall be available for the reimbursement of 
the Canal Zone Government for the cost of providing medical care 
for dependents of military personnel (to the extent that such care 
heretofore has been provided) in facilities operated by the Canal Zone 
Government. 
The Department of the Navy is authorized and directed to transfer 
to the Canal Zone Government, without exchange of funds, all of 
the land, facilities, buildings, structures, equipment, furniture, and 
improvements of or pertaining to the Naval Hospital, Coco Solo, Canal 
Zone: Provided^ That the amount representing the fair value to the 
Canal Zone Government of the transferred property shall, when 
approved by the Director, Bureau of the Budget, be added to the 
investment of the United States in the Canal Zone Government. 
SEC. 106. No appropriation or fund available to the Department 
of Defense shall be used after September 1, 1954, for the mainte-
nance and operation of hospitals in the Canal Zone. 
SEC. 107. Section 105, Public Law 153, Eighty-third Congress, is 
hereby amended to read as follows: 
"SEC. 105. Amounts expended by the Panama Canal Company in 
maintaining defense facilities in standby condition for the Depart-
ment of Defense hereafter shall, notwithstanding any other provi-
sions of law, be fully reimbursable to the Panama Canal Company 
by the Department of Defense. 
Amounts expended by the Canal 
Zone Government for furnishing education, and hospital and medical 
care to employees of agencies of the United States and their depend-
ents, other than the Panama Canal Company and Canal Zone Gov-
ernment, less amounts payable by such employees and their depend-
ents hereafter shall, notwithstanding any other provision of law, be 
fully reimbursable to the Canal Zone Government by such agencies. 
The appropriation or fund of any such other agency bearing the cost 
of the compensation of the employee concerned is hereby made avail-
able for such reimbursements." 
SEC. 108. This Act may be cited as the Civil Functions Appro-
priation Act, 1955. 
Approved June 30, 1954. 
Su s p e n s 1 on of 
compliance. 
60 Stat. 810. 
Certain medical 
care. 
R e imbur 
s e me nt. 
Naval Hospital. 
Prop e r t y trans-
fer. 
Restriction. 
67 Stat. 202. 
Reimbursements. 
Short title. 
Public Law 454 
CHAPTER 426 
AN ACT 
To amend the Federal Credit Union Act. 
June 30, 1954 
[S. 1665] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That subsection (c) 
of section 11 of the Federal Credit Union Act (12 U. S. C , sec. 1761) 
is hereby amended by striking out "and," after the last semicolon and 
by inserting before the period at the end of the paragraph the follow-
ing: "and, subject to such regulations as may b
»
e issued by the Direc-
tor, authorize an interest refund to members of record at the close of 
business on December 31 in proportion to the interest paid by them 
during that year". 
F e d e r a l Credit 
Unions. 
48 Stat. 1219. 
Interest refunds. 
336 
PUBLIC LAW 4 55-JUNE 30, 1954 
[68 ST AT« 
Oaths, etc* 
SEC. 2. Section 16 of the Federal Credit Union Act (12 U. S. C, sec. 
1766) is hereby amended by adding at the end thereof the following 
new subsection: 
"(f) Any officer or employee of the Bureau of Federal Credit 
Unions is authorized, when designated for the purpose by the Director 
of the Bureau of Federal Credit Unions, to administer oaths and 
affirmations and to take affidavits and depositions touching upon any 
matter within the jurisdiction of the Bureau of Federal Credit 
Unions." 
Approved June 30, 1954. 
June 30, 1954 
[S,2845] 
Public Law 455 
CHAPTER 427 
AN ACT 
To amend section 3528 of the Revised Statutes, as amended, relating to the 
purchase of metal for minor coins of the United States, 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That section 3528 
of the Revised Statutes, as amended (U. S. C, title 31, sec. 340), is 
hereby further amended by striking out "$1,000,000" and inserting in 
lieu thereof "$2,000,000". 
Approved June 30, 1954. 
Jtine 30, 1954 
Public Law 456 
CHAPTER 428 
AN ACT 
[H. R. 4030] 
f
j
i
Q repeal section 4 of the Act of March 2,1934, creating the Model Housing Board 
of Puerto Rico. 
Puerto Rico. 
M o d e l Housing 
Board. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 4 of 
the Act of March 2, 1934 (48 Stat. 361; 48 U. S. C. 793a), is hereby 
repealed. 
SEC. 2. Any moneys remaining in the revolving fund established by 
subsection (d) of section 4 of said Act of March 2, 1934, shall be cov-
ered into the treasury of the Commonwealth of Puerto Rico. 
Approved June 30, 1954. 
June 30, 1954 
[H. R. 9505] 
Public Law 457 
CHAPTER 431 
AN ACT 
To continue the effectiveness of the Act of December 2, 1942, as amended, and 
the Act of July 28,1945, as amended, relating to war-risk hazard and detention 
benefits until July 1, 1955. 
67 Stat. 134. 
42 u s e 1711. 
67 Stat. 135. 
5 tJSC 801. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of Am^Hca in Congress assembled, That section 201 of 
the Act of December 2, 1942 (ch. 668, 56 Stat. 1033), as amended, is 
amended by deleting the words "July 1, 1954" and inserting in lieu 
thereof "July 1, 1955". 
SEC. 2. Section 5 (b) of the Act of July 28, 1945 (ch. 328, 59 Stat. 
505), as amended, is amended by deleting the words "July 1,1954" and 
inserting in lieu thereof "July 1,1955". 
Approved June 30, 1954.