There is hereby created a special fund to be known as the Administration Fund, which shall consist of all moneys or other property received by the department from the United States of America, or any agency thereof, including the Social Security Board, or from any other source whatsoever, to be used for the administration of this act. The department shall pay all costs required for the administration and operation of this act out of the Administration Fund.

In addition, any law to the contrary notwithstanding, this fund shall be subject from time to time to charges by the Treasury Department for the costs incurred by said department in making disbursements arising from payments out of the Unemployment Compensation Fund and the fund created in this section, and the moneys in the Administration Fund are hereby appropriated for the payment of such charges.

Notwithstanding any provision of this section, all moneys requisitioned and deposited in this fund pursuant to section six hundred two point three shall remain part of the Unemployment Compensation Fund and shall be used only in accordance with the conditions specified in section six hundred two point three.¹