TREASURY DIRECTIVE 16-53

Date: November 10, 1992

Sunset Review: TBD

Expiration Date: TBD

SUBJECT: Authority Under the Government Losses in Shipment Act

1. DELEGATION. By virtue of the authority vested in the Fiscal Assistant Secretary under Treasury Order (TO) 101-05, 1 hereby delegate to the Commissioner of the Public Debt, the authority of the Secretary of the Treasury under the Government Losses in Shipment Act, as amended, 40 U.S.C. 721 et seq.

2. REDELEGATION. The authority delegated herein may be redelegated to personnel of the Bureau of the Public Debt.

3. CANCELLATION. Treasury Directive 16-53, "Authority Under the Government Losses in Shipment Act," dated September 22, 1986, is superseded.

4. AUTHORITY. TO 101-05, "Reporting Relationships and Supervision of officials, offices and Bureaus, Delegation of Certain Authority, and Order of Succession in the Department of the Treasury."

5. OFFICE OF PRIMARY INTEREST. Office of the Fiscal Assistant Secretary.