§ 283l. — Increase in resources of the Fund for Special Operations.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC283l]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XII--INTER-AMERICAN DEVELOPMENT BANK
Sec. 283l. Increase in resources of the Fund for Special
Operations
(a) Authorization of vote; payment to Fund
The United States Governor of the Bank is hereby authorized to vote
in favor of the resolution entitled ``Increase of Resources of the Fund
for Special Operations'' proposed by the Governors at their annual
meeting in April 1964, and now pending before the Board of Governors of
the Bank. Upon the adoption of such resolution, the United States
Governor is authorized to agree, on behalf of the United States to pay
to the Fund for Special Operations of the Bank, the sum of $750,000,000,
in accordance with and subject to the terms and conditions of such
resolution.
(b) Authorization of appropriations
There is hereby authorized to be appropriated without fiscal year
limitation, for the United States share in the increase in the resources
of the Fund for Special Operations of the Bank, the sum of $750,000,000.
(c) Loan disapproval by the United States
With respect to any dollars herein provided, the voting power of the
United States shall be exercised for the purpose of disapproving any
loan from the Fund for Special Operations of the Bank for any project,
enterprise, or activity in any country, during any period for which the
President has suspended assistance to the government of such country
because of any action taken on or after January 1, 1962, by the
government of such country or any government agency or subdivision
within such country as specified in paragraph (A), (B), or (C) of
subsection (e)(1) of section 2370 of this title, and the failure of such
country within a reasonable time to take appropriate steps to discharge
its obligations or provide relief in accordance with provisions of such
subsection.
(Pub. L. 86-147, Sec. 15, formerly Sec. 14, as added Pub. L. 89-6, Mar.
24, 1965, 79 Stat. 23; renumbered Sec. 15, Pub. L. 90-88, Sec. 1, Sept.
22, 1967, 81 Stat. 226.)
