§5607. Expenditures and audit of Trust Fund

(a) In general

The Foundation shall pay from the interest and earnings of the Trust Fund such sums as the Board determines are necessary and appropriate to enable the Foundation to carry out the provisions of this chapter.

(b) Audit by General Accounting Office

The activities of the Foundation and the Center under this chapter may be audited by the General Accounting Office under such rules and regulations as may be prescribed by the Comptroller General of the United States. Representatives of the General Accounting Office shall have access to all books, accounts, records, reports filed and all other papers, things, or property belonging to or in use by the Foundation and the Center, pertaining to such federally assisted activities and necessary to facilitate the audit.

( Pub. L. 102–259, §9, Mar. 19, 1992, 106 Stat. 83 ; Pub. L. 105–156, §9(b), Feb. 11, 1998, 112 Stat. 12 .)

Amendments

1998-Subsec. (a). Pub. L. 105–156 substituted "Trust Fund" for "Fund".