Terms Used In 12 Guam Code Ann. § 58112

  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
No recommendation for suspension, rescission or revocation of a Qualifying Certificate shall be made by the Authority except after a hearing thereon pursuant to the provisions of the Administrative Adjudication Law.