((a)) ** Composition of Commission; appointment and compensation of Chairman** The Commission shall be composed of a Chairman and two members. The Chairman shall be appointed by the President, by and with the advice and consent of the Senate, to serve on a full-time basis for a term of three years, and compensated at the rate provided for level V of the Executive Schedule under .section 5316 of title 5
((b)) ** Appointment and compensation of members other than Chairman** The other members of the Commission shall be appointed by the President, by and with the advice and consent of the Senate, and serve on a part-time basis, and be compensated on a per diem basis at a rate of compensation equivalent to the daily rate for level V of the Executive Schedule under for each day that such member is employed in the actual performance of official business of the Commission as may be directed by the Chairman. Each member shall be reimbursed for travel expenses, including per diem in lieu of subsistence, as authorized by for persons in Government service employed intermittently.section 5316 of title 5section 5703 of title 5
((c)) ** Terms of office** The terms of Office of the Chairman and members of the Commission shall be for three years, except the Chairman and members first appointed after the enactment of this subsection shall be appointed to terms ending respectively , , and . The incumbent of any such office may continue to serve until a successor takes office.September 30, 19821982-09-30September 30, 19811981-09-30September 30, 19801980-09-30
((d)) ** Continuation in office of existing members** Notwithstanding the provisions of subsections (a), (b), and (c) of this section, members of the Foreign Claims Settlement Commission who are serving on , shall continue to serve in their same capacities until the expiration of the terms to which they were appointed.March 14, 19801980-03-14