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31 U.S. Code § 5134. Numismatic Public Enterprise Fund
(a)Definitions.—For purposes of this section—
(1)Fund.—
The term “Fund” means the Numismatic Public Enterprise Fund.
(2)Mint.—
The term “Mint” means the United States Mint.
(3)Numismatic item.—
The term “numismatic item” means any medal, proof coin, uncirculated coin, bullion coin, or other coin specifically designated by statute as a numismatic item, including products and accessories related to any such medal, coin, or item.
(4)Numismatic operations and programs.—The term “numismatic operations and programs”—
(A)
means the activities concerning, and assets utilized in, the production, administration, sale, and management of numismatic items and the Numismatic Public Enterprise Fund; and
(B)
includes capital, personnel salaries, functions relating to operations, marketing, distribution, promotion, advertising, and official reception and representation, the acquisition or replacement of equipment, and the renovation or modernization of facilities (other than the construction or acquisition of new buildings).
(5)Secretary.—
The term “Secretary” means the Secretary of the Treasury.
(b)Establishment of Fund.—
There is hereby established in the Treasury of the United States a revolving Numismatic Public Enterprise Fund consisting of amounts deposited in the fund [1] under subsection (c)(2) of this section or section 221(b) of the United States Mint Reauthorization and Reform Act of 1992 which shall be available to the Secretary for numismatic operations and programs of the United States Mint without fiscal year limitation.
(c)Operations of the Fund.—
(1)Payment of expenses.—
Any expense incurred by the Secretary for numismatic operations and programs which the Secretary determines, in the Secretary’s sole discretion, to be ordinary and reasonable incidents of the numismatic business shall be paid out of the Fund, including any expense incurred pursuant to any obligation or other commitment of Mint numismatic operations and programs which was entered into before the beginning of fiscal year 1993.