covered transaction

(1) Definitions .— In this subsection, the following definitions shall apply: (A) Credit facility .— The term “credit facility” means a program or facility, including any special purpose vehicle or other entity established by or on behalf of the Board of Governors of the Federal Reserve System or a Federal reserve bank, authorized by the Board of Governors under section 13(3) of the Federal Reserve Act ( 12 U.S.C. 343 ), that is not subject to audit under subsection (e). (B) Covered transaction .— The term “covered transaction” means any open market transaction or discount window advance that meets the definition of “covered transaction” in section 11(s) of the Federal Reserve Act.


31 USC § 714(f)(1)

Scoping language

In this subsection
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