to strengthen governance and reduce the opportunity for bribery and corruption; and
See References in Text note below.
References in Text
Section 802(b), referred to in subsec. (b)(1), is section 101(a), [title VIII, § 802(b)] of
[Pub. L. 106–429], Nov. 6, 2000, [114 Stat. 1900], 1900A–66, which is not classified to the Code.
Section is comprised of section 101(a) [title VIII, § 803] of
[Pub. L. 106–429]. Section 101(a) [title VIII, § 803(c)] of [Pub. L. 106–429] amended section 262r–4 of this title.
[Pub. L. 108–199] repealed heading and text of subsec. (a). Text read as follows: “Beginning 180 days after the date of enactment of this Act, or October 31, 2000, whichever is later, and on October 31 of each year thereafter, the Comptroller General of the United States shall submit to the appropriate congressional committees a report on the sufficiency of audits of the financial operations of each multilateral development bank conducted by persons or entities outside such bank.”
[Pub. L. 106–429, § 101(a) [title VIII, § 806]], Nov. 6, 2000, [114 Stat. 1900], 1900A–68, provided that: “In this title [enacting this section and section 286oo of this title and amending sections 262r–4, 286nn, and 2169 of this title]:
Appropriate congressional committees.—
The term ‘appropriate congressional committees’ means the Committee on Foreign Relations and the Committee on Appropriations of the Senate, and the Committee on Banking and Financial Services [now Committee on Financial Services] and the Committee on Appropriations of the House of Representatives.
The term ‘Bank’ means the International Bank for Reconstruction and Development.
The term ‘Fund’ means the International Monetary Fund.
International financial institutions.—
The term ‘international financial institutions’ means the multilateral development banks and the International Monetary Fund.
Multilateral development banks.—
The term ‘multilateral development banks’ means the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, the Inter-American Development Bank, the Asian Development Bank, the Inter-American Investment Corporation, the African Development Bank, the African Development Fund, the European Bank for Reconstruction and Development, and the Multilateral Investment Guaranty Agency.
The term ‘Secretary’ means the Secretary of the Treasury.”