Except as provided in this section, the Board administers and enforces
the Interlocks Act with respect to savings and loan holding companies and its
affiliates, and may refer any case of a prohibited interlocking relationship
involving these entities to the Attorney General of the United States to
enforce compliance with the Interlocks Act and this part. If an affiliate of
a savings and loan holding company is subject to the primary regulation of
another Federal depository organization supervisory agency, then the Board
does not administer and enforce the Interlocks Act with respect to that
affiliate.
