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2081 Or1 1015. BE IT ENACTED BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE UNITED STATES OF AMERICA IN CONGRESS ASSEMBLED, ^ 9 * , - The expenses necessarily incurred m carry mg, out the provisions of this Act, including the cost of the certificates or receipts issued for deposits received, and all expenses incident to the handling of such deposits shall be paid by the Federal Re serve Board and included m its assessments against the several Federal reserve banks. • • 4 , 1 That the Secretary of the Treasury is hereby authorized and directed to receive deposits of gold coin or of gold certifi cates with the Treasurer or any Assistant Treasurer of the United States when tendered by any Federal reserve bank or Federal re serve agent for credit to its or his account with the Federal Re serve Board. The Secretary shall prescribe by regulation the form of receipt to be issued by the Treasurer or Assistant Treasurer +o the Federal reserve bank or Federal reserve agent making the de posit, and a duplicate of such receipt Shal be delivered to the Federal Reserve Board by the Treasurer at iVashihg+on upon proper advices from any Assistant Treasurer that such deposit has been made* Deposits so made shall be held subject to the orders of the Federal Reserve Board and shall be payable m gold c o m or gold certificates on the order of the Federal Reserve Board to any Fed eral reserve bank or Federal reserve agent at the Treasury or at the subtreasury of the United States nearest the place of business of such Federal reserve bank or such Federal reserve agent, Provided, however, That any expense incurred m shipping gold to or from the Treasury or §ubtreasunes m order to make such payments, or as a result of making such payments, shall be paid by the Federal Re serve Board andassessed against the Federal reserve banks* The order used by the Federal Reserve Board in making such payments shall be signed by the Governor, or Vice Governor, or such other officers or members as the Eoard may by regulation prescribe. The form of such order 3nall be approved by the Secretary of the Trea sury* Gold deposits standing to the credit of any Federal re serve bank with the Federal Reserve Board shall, at the option of said bank, be counted as part of the lawful reserve which it is required to maintain against outstanding federal reserve notes, or as a part of the reserve it is required to maintain against deposits* "Nothing in this Act shall be construed as amending the Act of March lU, 1300, as amended by the Acts of March 4, 1907 and March 2, 1911, nor shall the provisions of that Act be construed to apply to the deposits made or to the receipts or certificates issued under this Act.11
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