Use of United States. owned rupees to capitalize the Fund (a) Subject to applicable requirements con- cerning reimbursement to the Treasury for United States owned foreign currencies, the President may make available to the Fund, for use in carrying out the agreement authorized by section 290j of this title, up to the equivalent of $200,000,000 in foreign currencies owned by the United States in India or owed to the United States by the Government of India. Such use may include investment in order to generate in- terest which would be retained in the Fund and used to support programs pursuant to that agreement. (b) In accordance with the agreement nego- tiated pursuant to section 290j(a) of this title, sums made available for investment for the United States-India Fund for Cultural, Edu- cational, and Scientific Cooperation under the Departments of Commerce, Justice, and State, and the Judiciary and Related Agencies Appro- priation Act, 1985, and any earnings on such sums shall be available for the purposes of sec- tion 290j(a) of this title. (Pub. L. 98–164, title IX, § 903, Nov. 22, 1983, 97 Stat. 1051; Pub. L. 99–93, title VIII, § 808, Aug. 16, 1985, 99 Stat. 452; Pub. L. 100–204, title III, § 305, Dec. 22, 1987, 101 Stat. 1379.) REFERENCES IN TEXT The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriation Act, 1985, referred to in subsec. (b), is Pub. L. 98–411, Aug. 30, 1984, 98 Stat. 1545. For provisions relating to contribu- tion to the United States-India Fund for Cultural, Edu- cational, and Scientific Cooperation, see 98 Stat. 1567. AMENDMENTS
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Samples: African Development Bank Agreement, United States India Fund for Cultural, Educational, and Scientific Cooperation Act
Use of United States. owned rupees to capitalize the Fund
(a) Subject to applicable requirements con- cerning reimbursement to the Treasury for United States owned foreign currencies, the President may make available to the Fund, for use in carrying out the agreement authorized by section 290j of this title, up to the equivalent of $200,000,000 in foreign currencies owned by the United States in India or owed to the United States by the Government of India. Such use may include investment in order to generate in- terest which would be retained in the Fund and used to support programs pursuant to that agreement.
(b) In accordance with the agreement nego- tiated pursuant to section 290j(a) of this title, sums made available for investment for the United States-India Fund for Cultural, Edu- cational, and Scientific Cooperation under the Departments of Commerce, Justice, and State, and the Judiciary and Related Agencies Appro- priation Act, 1985, and any earnings on such sums shall be available for the purposes of sec- tion 290j(a) of this title. (Pub. L. 98–164, title IX, § 903, Nov. 22, 1983, 97 Stat. 1051; Pub. L. 99–93, title VIII, § 808, Aug. 16, 1985, 99 Stat. 452; Pub. L. 100–204, title III, § 305, Dec. 22, 1987, 101 Stat. 1379.) REFERENCES IN TEXT The Departments of Commerce, Justice, and State, the Judiciary, and Related Agencies Appropriation Act, 1985, referred to in subsec. (b), is Pub. L. 98–411, Aug. 30, 1984, 98 Stat. 1545. For provisions relating to contribu- tion to the United States-India Fund for Cultural, Edu- cational, and Scientific Cooperation, see 98 Stat. 1567. AMENDMENTS.
Appears in 2 contracts
Samples: United States India Fund for Cultural, Educational, and Scientific Cooperation Act, United States India Fund for Cultural, Educational, and Scientific Cooperation Act