Such fees
that are collected shall remain available until expended. The Register
may, in accordance with regulations that he or she shall prescribe,
refund any sum paid by mistake or in excess of the fee required by this
section.
(2) In the case of fees deposited against future services, the Register
of Copyrights shall request the Secretary of the Treasury to invest in
interest-bearing securities in the United States Treasury any portion of
the fees that, as determined by the Register, is not required to meet
current deposit account demands. Funds from such portion of fees shall
be invested in securities that permit funds to be available to the
Copyright Office at all times if they are determined to be necessary to
meet current deposit account demands. Such investments shall be in
public debt securities with maturities suitable to the needs of the
Copyright Office, as determined by the Register of Copyrights, and
bearing interest at rates determined by the Secretary of the Treasury,
taking into consideration current market yields on outstanding
marketable obligations of the United States of comparable maturities.
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