; or (B) the rates provided for the offices held at the time of designation. (2) Rule of construction Nothing in this Act shall be understood to require the advice and consent of the Senate to the appointment by the President to a position in the Agency of any officer whose entity or program the functions of which are transferred to the Agency under section 4(c) and whose duties following such transfer are germane to those performed before such transfer. (b) Transfer of personnel, assets, obligations, and functions (1) In general Upon transfer of the functions of an entity or program to the Agency under section 4(c)— (A) the personnel, assets, and obligations held by or available in connection with such functions shall be transferred to the Under Secretary for appropriate allocation, subject to the approval of the Director of the Office of Management and Budget and in accordance with the provisions of section 1531(a)(2) of title 31, United States Code; and (B) the Under Secretary shall have all functions relating to the entity or program that any other official could by law exercise in relation to the entity or program immediately before such transfer, and shall have in addition all functions vested in the Under Secretary by this Act or other law. (2) Incidental transfers (A) Authorization of Director of Office of Management and Budget