10 U.S.C. § 2786 — Department of Defense payments by electronic transfers of funds: exercise of authority for waivers

submitted 27 years ago by Pub. L. 106-65 to r/title-10-ARMED-FORCES · 72 words · no verdicts yet

in plain englishAI-generated · not legal advice

For covered electronic payments made or authorized by the Department of Defense, the Secretary of Defense must exercise the waiver authority otherwise provided to the Secretary of the Treasury. The Secretary of Defense must consult the Treasury Secretary.

For a Federal payment covered by 31 U.S.C. 3332(f) that the Department of Defense makes or authorizes, the Secretary of Defense must exercise the waiver authority in paragraph (2)(A)(i) of that section, concerning electronic funds transfers. The Secretary must do so in consultation with the Secretary of the Treasury.

the actual law source: uscode.house.gov ↗public domain

With respect to any Federal payment of funds covered by section 3332(f) of title 31 (relating to electronic funds transfers) for which payment is made or authorized by the Department of Defense, the waiver authority provided in paragraph (2)(A)(i) of that section shall be exercised by the Secretary of Defense. The Secretary of Defense shall carry out the authority provided under the preceding sentence in consultation with the Secretary of the Treasury.

Source credit: (Added Pub. L. 106–65, div. A, title X, § 1008(a)(1), Oct. 5, 1999, 113 Stat. 737.)

history & why it existsrecord from the source credit

1999Enacted · Pub. L. 106-65 · 113 Stat. 737

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-65 on 1999-10-05.

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