22 USC 5495 - Certain uses of excess foreign currencies

U.S Code last checked for updates: May 05, 2024

§ 5495.

Certain uses of excess foreign currencies

(a)

Authority to use

(b)

Purposes for which currency may be used

Foreign currencies may be used under this section—

(1)

for the same purposes for which assistance may be provided under part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2151 and following; relating to economic assistance), and

(2)

for the support of any institution providing education for a significant number of United States nationals (who may include members of the United States Armed Forces or the Foreign Service or dependents of such members).

(c)

Currencies which may be used

(d)

Where currencies may be used

(e)

Nonapplicability of other provisions of law

(f)

Requirement for appropriations action

(Pub. L. 101–179, title VIII, § 805, Nov. 28, 1989, 103 Stat. 1323.)

cite as: 22 USC 5495