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B-179659 1 (1973-10-10)

handle is hein.gao/gaobaadej0001 and id is 1 raw text is: II S IV, COMPTROLLER GENERAL OF THE UNITED STATES WASHINGTON, D.C. I 9 5179659 Oktobar 10s 1973 Mr. N. L., CoalS.,a Authorized Certifying Officer Chi eag Operations Office United States Atoo icEnergy Cksalsuion 9800 South Coa Avenue Argsone, fiuns 60439 War Mr. Conlin: Reference I made to your letter of Augst lp 1973, vith enolorureu9 requesting our advance decision as to thepropriety of certifying for pay- mentithe reclaim voucher in the amount of $325 in favor of hr. oSeymr rtn, an employee of the Atomic Energy Co= assion for relocation expenses incurred by him in the purchase of a residence In Arlington Heights, Illinois. The finanoial dieclmu statement prepared unde Relation Z issued by the Board of Governors of the Federal Reserve System shova that the employee borrowed $40,000 for the purchase of his residence and paid a loan service charge of 1 percent, or *40oT. e settlewit statemet and other Jaormation provided indicate that the loan seryice charge was Mde up of a $75 appreinsal fee and $325 in lo= charges. ou allowed tta $75 as boing excludable from the finance charge and disallowed 4325 on - the ground that this oaunt was a finance charge and therefore not reis- tu8nable under the provisions of Regulation Z. ubsoquently the employee obtained a statement by the Olmic Bayings and Loan Assoclation, the lending institution in this casup widch shows that the 25, reported as a finance chargo and an aasooia- tion loan charges ws in fact a chage for legal fees for drawirg the doouments of settlment and was made up of tho foflowing separate charges: 'CSluig Btteonts Mrtga. note Federat eserve Regulation £ $105000 80.0O 80600 4 9 4325.00 - --- C-- jo40- 5 9 *~ 4j * A * 'I' .5

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