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§ 286o. —  Administration as part of the Exchange Stabilization Fund.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 22USC286o]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
           CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
 
 SUBCHAPTER XV--INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION 
                             AND DEVELOPMENT
 
Sec. 286o. Administration as part of the Exchange Stabilization 
        Fund
        

(a) Special Drawing Rights

    Special Drawing Rights allocated to the United States pursuant to 
article XVIII of the Articles of Agreement of the Fund, and Special 
Drawing Rights otherwise acquired by the United States, shall be 
credited to the account of, and administered as part of, the Exchange 
Stabilization Fund established by section 5302 of title 31.

(b) Deposit in and withdrawal from Fund

    The proceeds resulting from the use of Special Drawing Rights by the 
United States, and payments of interest to the United States pursuant to 
article XX, article XXIV, and article XXV of the Articles of Agreement 
of the Fund, shall be deposited in the Exchange Stabilization Fund. 
Currency payments by the United States in return for Special Drawing 
Rights, and payments of charges or assessments pursuant to article XX, 
article XXIV, and article XXV of the Articles of Agreement of the Fund, 
shall be made from the resources of the Exchange Stabilization Fund.

(Pub. L. 90-349, Sec. 3, June 19, 1968, 82 Stat. 188; Pub. L. 94-564, 
Sec. 5(1), (2), Oct. 19, 1976, 90 Stat. 2661.)

                          Codification

    In subsec. (a), ``section 5302 of title 31'' substituted for 
``section 10 of the Gold Reserve Act of 1934, as amended (31 U.S.C. 
822a)'' on authority of Pub. L. 97-258, Sec. 4(b), Sept. 13, 1982, 96 
Stat. 1067, the first section of which enacted Title 31, Money and 
Finance.
    Section was not enacted as part of act July 31, 1945, ch. 339, 59 
Stat. 512, known as the Bretton Woods Agreement Act, which comprises 
this subchapter.


                               Amendments

    1976--Subsec. (a). Pub. L. 94-564, Sec. 5(1), substituted ``article 
XVIII'' for ``article XXIV''.
    Subsec. (b). Pub. L. 94-564, Sec. 5(2), substituted ``article XX, 
article XXIV, and XXV'' for ``article XXVI, article XXX, and article 
XXXI'' wherever appearing.


                    Effective Date of 1976 Amendment

    Amendment effective Apr. 1, 1978, see section 9 of Pub. L. 94-564, 
set out as a note under section 286a of this title.

                  Section Referred to in Other Sections

    This section is referred to in title 31 section 5302.



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