U.S Code last checked for updates: May 18, 2024
§ 2455.
Appropriations
(a)
Availability
(b)
Acquisition of foreign currencies
(c)
Transfer of funds
(d)
Reserve and use of certain funds
The President is authorized—
(1)
to reserve in such amounts and for such periods as he shall determine to be necessary to provide for the programs authorized by subsections (a)(1), (2)(i) of section 2452 of this title, and
(2)
notwithstanding the provisions of any other law, to use in such amounts as may from time to time be specified in appropriation Acts, to the extent that such use is not restricted by agreement with the foreign nations concerned, for any programs authorized by this chapter,
any currencies of foreign nations received or to be received by the United States or any agency thereof—
(i)
under agreements disposing of surplus property or settling lend-lease and other war accounts concluded after World War II;
(ii)
as the proceeds of sales or loan repayments, including interest, for transactions heretofore or hereafter effected under the Food for Peace Act, as amended [7 U.S.C. 1691 et seq.];
(iii)
in repayment of principal or interest on any other credit extended or loan heretofore or hereafter made by the United States or any agency thereof; or
(iv)
as deposits to the account of the United States pursuant to section 1513(b)(6) 1 or section 1513(h) 1 of this title, or any similar provision of any other law.
(e)
Reservation and use of sums due or paid by the Republic of Finland
(f)
Contribution of funds, property, and services by foreign governments, international organizations, and private individuals, firms, associations, and agencies
(g)
Currency exchanges
(Pub. L. 87–256, § 105, Sept. 21, 1961, 75 Stat. 531; Pub. L. 89–698, title II, § 203(c), Oct. 29, 1966, 80 Stat. 1072; 1977 Reorg. Plan No. 2, § 7(a)(2), 42 F.R. 62461, 91 Stat. 1637; Pub. L. 97–241, title III, § 303(b), Aug. 24, 1982, 96 Stat. 291; Pub. L. 103–236, title II, § 227, Apr. 30, 1994, 108 Stat. 423; Pub. L. 110–246, title III, § 3001(b)(1)(A), (2)(S), June 18, 2008, 122 Stat. 1820, 1821.)
cite as: 22 USC 2455