SECTION 35A(a) OF THE SECURITIES EXCHANGE ACT OF 1934

15 U.S.C. § 78ii-1(a) (1988)

(a)(1) Of the funds appropriated to the Commission pursuant to section 35 of this title for fiscal year 1988 which are available pursuant to section 35(b) for establishment or operation of the electronic data gathering, analysis, and retrieval ('EDGAR') system, the Commission may not obligate or expend more than $5,000,000 for the establishment or operation of the EDGAR system unless the Commission has made the certification required by subsection (c) of this section. (2) Notwithstanding section 35(b), no funds appropriated for fiscal year 1989 may be obligated or expended for the establishment or operation of the EDGAR system, unless the Commission has-

(A) filed each report required during fiscal year 1988 by subsection (b) of this section; and

(B) made the certification required by subsection (c) of this section.

(3) Amounts which are available to the Commission under section 35(b) for the EDGAR contract shall be the exclusive source of funds for the procurement and operation of the systems created under that contract by or on behalf of the Securities and Exchange Commission-

(A) for the receipt of filings under Federal securities laws, and

(B) for the automated acceptance and review of the filings and information derived from such filings.