§ 290g TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 184

SHORT TITLE

Pub. L. 91–175, pt. IV, Dec. 30, 1969, 83 Stat. 821, as

amended by Pub. L. 92–226, pt. IV, §406(1), Feb. 7, 1972,

86 Stat. 34, designated Part IV provisions classified to

this section as the ‘‘Inter-American Foundation Act’’.

TRANSITION RULE FOR BOARD APPOINTMENTS

Section 173(b)(2) of Pub. L. 102–138 provided that:

‘‘The requirements established by the amendment

made by paragraph (1) [amending this section] do not

affect appointments made to the Board of the InterAmerican Foundation before the date of enactment of

this Act [Oct. 28, 1991].’’

SECTION REFERRED TO IN OTHER SECTIONS

This section is referred to in section 290h of this title.

SUBCHAPTER XXII—AFRICAN

DEVELOPMENT FUND

§ 290g. African Development Fund; United States

participation

The President is hereby authorized to accept

participation for the United States in the African Development Fund (hereinafter referred to

as the ‘‘Fund’’) provided for by the agreement

establishing the Fund (hereinafter referred to as

the ‘‘agreement’’) deposited in the Archives of

the United Nations.

(Pub. L. 94–302, title II, §202, May 31, 1976, 90

Stat. 593.)

SHORT TITLE

Section 201 of title II of Pub. L. 94–302 provided that:

‘‘This title [enacting this subchapter] may be cited as

the ‘African Development Fund Act’.’’

CROSS REFERENCES

Advancement of human rights through United States

assistance policies with international financial institutions, see section 262d of this title.

§ 290g–1. Appointment of Governor and Alternate

Governor; rank, duties, and compensation

(a) The President, by and with the advice and

consent of the Senate, shall appoint a Governor,

and an Alternate Governor, of the Fund.

(b) The Governor, or in his absence the Alternate Governor, on the instructions of the President, shall cast the votes of the United States

for the Director to represent the United States

in the Fund. The Director representing the

United States and his Alternate, if they are citizens of the United States, may, in the discretion

of the President, receive such compensation, allowances, and other benefits not exceeding those

authorized for a chief of mission under the Foreign Service Act of 1980 [22 U.S.C. 3901 et seq.].

(Pub. L. 94–302, title II, §203, May 31, 1976, 90

Stat. 593; Pub. L. 96–465, title II, §2206(a)(5), Oct.

17, 1980, 94 Stat. 2161.)

REFERENCES IN TEXT

The Foreign Service Act of 1980, referred to in subsec.

(b), is Pub. L. 96–465, Oct. 17, 1980, 94 Stat. 2071, as

amended, which is classified principally to chapter 52

(§3901 et seq.) of this title. For complete classification

of this Act to the Code, see Short Title note set out

under section 3901 of this title and Tables.

AMENDMENTS

1980—Subsec. (b). Pub. L. 96–465 substituted ‘‘a chief

of mission under the Foreign Service Act of 1980’’ for ‘‘a

Chief of Mission, class 2, within the meaning of the

Foreign Service Act of 1946, as amended’’.

EFFECTIVE DATE OF 1980 AMENDMENT

Amendment by Pub. L. 96–465 effective Feb. 15, 1981,

except as otherwise provided, see section 2403 of Pub. L.

96–465, set out as an Effective Date note under section

3901 of this title.

§ 290g–2. Law governing reports to the President

and the Congress

The provisions of section 286b of this title,

shall apply with respect to the Fund to the same

extent as with respect to the International Bank

for Reconstruction and Development and the

International Monetary Fund.

(Pub. L. 94–302, title II, §204, May 31, 1976, 90

Stat. 594; Pub. L. 101–240, title V, §541(e)(6), Dec.

19, 1989, 103 Stat. 2519.)

AMENDMENTS

1989—Pub. L. 101–240 struck out at end ‘‘Reports with

respect to the Fund under paragraphs (5) and (6) of section 286b(b) of this title, shall be included in the first

report made thereunder after the United States accepts

participation in the Fund.’’

§ 290g–3. Specific actions requiring Congressional authorization

Unless Congress by law authorizes such action,

neither the President nor any person or agency

shall, on behalf of the United States:

(a) agree to an increase in the subscription

of the United States to the Fund;

(b) vote for or agree to any amendment of

the agreement which increases the obligations

of the United States, or which would change

the purpose or functions of the Fund; or

(c) make a loan or provide other financing to

the Fund, except that funds for technical assistance may be provided to the Fund by a

United States agency created pursuant to an

Act of Congress which is authorized by law to

provide funds to international organizations.

(Pub. L. 94–302, title II, §205, May 31, 1976, 90

Stat. 594.)

§ 290g–4. Authorization of appropriations; repayments and distributions from Fund to Treasury

(a) There is hereby authorized to be appropriated without fiscal year limitation, as the

United States subscription, $25,000,000 to be paid

by the Secretary of the Treasury to the Fund in

three annual installments of $9,000,000, $8,000,000,

and $8,000,000.

(b) Any repayment or distribution of moneys

from the Fund to the United States shall be covered into the Treasury as a miscellaneous receipt.

(Pub. L. 94–302, title II, §206, May 31, 1976, 90

Stat. 594.)

§ 290g–5. Federal Reserve banks as depository for

the Fund; supervision

Any Federal Reserve bank which is requested

to do so by the President shall act as a depository for the Fund, and the Board of Governors of

the Federal Reserve System shall supervise and

direct the carrying out of these functions by the

Federal Reserve banks.