
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 15USC80b-18]

 
                      TITLE 15--COMMERCE AND TRADE
 
              CHAPTER 2D--INVESTMENT COMPANIES AND ADVISERS
 
                   SUBCHAPTER II--INVESTMENT ADVISERS
 
Sec. 80b-18. Hiring and leasing authority of Commission

    The provisions of section 78d(b) of this title shall be applicable 
with respect to the power of the Commission--
        (1) to appoint and fix the compensation of such other employees 
    as may be necessary for carrying out its functions under this 
    subchapter, and
        (2) to lease and allocate such real property as may be necessary 
    for carrying out its functions under this subchapter.

(Aug. 22, 1940, ch. 686, title II, Sec. 218, 54 Stat. 857; Oct. 28, 
1949, ch. 782, title XI, Sec. 1106(a), 63 Stat. 972; Pub. L. 101-550, 
title I, Sec. 104(d), Nov. 15, 1990, 104 Stat. 2714.)


                               Amendments

    1990--Pub. L. 101-550 amended section generally. Prior to amendment, 
section related to appointment and compensation of employees.
    1949--Act Oct. 28, 1949, substituted ``Classification Act of 1949'' 
for ``Classification Act of 1923''.


                                 Repeals

    Act Oct. 28, 1949, ch. 782, cited as a credit to this section, was 
repealed (subject to a savings clause) by Pub. L. 89-554, Sept. 6, 1966, 
Sec. 8, 80 Stat. 632, 655.

                          Transfer of Functions

    For transfer of functions of Securities and Exchange Commission, 
with certain exceptions, to Chairman of such Commission, see Reorg. Plan 
No. 10 of 1950, Secs. 1, 2, eff. May 24, 1950, 15 F.R. 3175, 64 Stat. 
1265, set out under section 78d of this title.
