§ 284r TITLE 22—FOREIGN RELATIONS AND INTERCOURSE Page 112

CODIFICATION

Section 19 of Pub. L. 86–565 is based on section 102 of

title I of H.R. 2253, Ninety-ninth Congress, as reported

May 15, 1985, and enacted into law by Pub. L. 99–190.

CONGRESSIONAL FINDINGS

Section 101 of title I of H.R. 2253, as enacted into permanent law by section 101(i) of Pub. L. 99–190, provided

that: ‘‘The Congress hereby finds that—

‘‘(1) Sub-Saharan Africa faces a virtually unprecedented condition of human misery which threatens

the lives of one hundred and fifty million people;

‘‘(2) only the combined effort of both the African

nations themselves and international aid donors can

overcome the obstacles to economic development

which have given rise to conditions of famine, declining food production, infant mortality, desertification,

and deteriorating infrastructure;

‘‘(3) international relief efforts have helped to address the immediate crisis of starvation in Africa and

the United States has made important contributions

to this effort both bilaterally and through contributions to the multilateral development institutions;

‘‘(4) there is a serious shortfall in the external capital resources necessary to support the policy reform

efforts of the African governments and to achieve the

long-term development necessary to avert a chronic

state of crisis in Sub-Saharan Africa;

‘‘(5) the Special Facility for Sub-Saharan Africa

will have as its primary goal the implementation of

policy reforms to help the African countries to help

themselves;

‘‘(6) to succeed, these efforts must be reinforced by

development resources;

‘‘(7) the appalling conditions prevalent in the countries of Sub-Saharan Africa underscore the need for

the United States to participate in a coordinated

framework with the other aid donor countries; and

‘‘(8) the Special Facility for Sub-Saharan Africa

provides such a framework and it is in the humanitarian, economic, and strategic interests of the

United States to participate.’’

§ 284r. Eighth replenishment; authorization of

appropriations

(a) The United States Governor is hereby authorized to agree on behalf of the United States

to pay to the Association $2,875,000,000 to the

eighth replenishment of the resources of the Association, except that any commitment to make

such contributions shall be made subject to obtaining the necessary appropriations.

(b) In order to pay for the United States contribution provided for in subsection (a) of this

section, there are authorized to be appropriated,

without fiscal year limitation, $2,875,000,000 for

payment by the Secretary of the Treasury.

(Pub. L. 86–565, §20, as added Pub. L. 100–202,

§101(e) [title I], Dec. 22, 1987, 101 Stat. 1329–131,

1329–134.)

CODIFICATION

Section 20 of Pub. L. 86–565 is based on section 101 of

title I of H.R. 3750, One Hundredth Congress, as introduced Dec. 11, 1987, and enacted into law by Pub. L.

100–202.

§ 284s. Ninth replenishment

(a) In general

The United States Governor is hereby authorized to agree on behalf of the United States to

pay to the Association $3,180,000,000 to the ninth

replenishment of the resources of the Association, subject to obtaining the necessary appropriations.

(b) Limitations on authorization of appropriations

In order to pay for the United States contribution provided for in subsection (a) of this section, there are authorized to be appropriated,

without fiscal year limitation, $3,180,000,000 for

payment by the Secretary of the Treasury.

(Pub. L. 86–565, §21, as added Pub. L. 101–513,

title V, §562(a)(1), Nov. 5, 1990, 104 Stat. 2032.)

ELEVENTH REPLENISHMENT

Pub. L. 105–118, title V, §560(a), Nov. 26, 1997, 111 Stat.

2425, provided in part that the Secretary of the Treasury may contribute on behalf of the United States to

the eleventh replenishment of the resources of the

International Development Association, subject to obtaining the necessary appropriations, and authorized

$1,600,000,000 to be appropriated without fiscal year limitation.

TENTH REPLENISHMENT

Pub. L. 103–87, title V, §526, Sept. 30, 1993, 107 Stat.

952, provided in part that the Secretary of the Treasury

is authorized to agree on behalf of the United States to

participate in the tenth replenishment of the resources

of the International Development Association, subject

to obtaining the necessary appropriations, and pursuant to the tenth replenishment authorized $2,500,000,000

to be appropriated.

SUBCHAPTER XIV—ASIAN DEVELOPMENT

BANK

§ 285. Acceptance of membership by United

States in Asian Development Bank

The President is hereby authorized to accept

membership for the United States in the Asian

Development Bank (hereinafter referred to as

the ‘‘Bank’’) provided for by the agreement establishing the Bank (hereinafter referred to as

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

the United Nations.

(Pub. L. 89–369, §2, Mar. 16, 1966, 80 Stat. 71.)

SHORT TITLE

Section 1 of Pub. L. 89–369 provided: ‘‘That this Act

[enacting this subchapter and amending section 24 of

Title 12, Banks and Banking] may be cited as the

‘Asian Development Bank Act’.’’

PAR VALUE MODIFICATION

For Congressional direction that the Secretary of the

Treasury maintain the value in terms of gold of the

Asian Development Bank’s holdings of United States

dollars following the establishment of a par value of

the dollar at $38 for a fine troy ounce of gold pursuant

to the Par Value Modification Act and for the authorization of the appropriations necessary to provide such

maintenance of value, see section 5152 of Title 31,

Money and Finance.

CROSS REFERENCES

Advancement of human rights through United States

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

§ 285a. Appointment of Governor, Alternate Governor and Director; compensation

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

consent of the Senate, shall appoint a Governor

of the Bank, an alternate for the Governor, and

a Director of the Bank.

(b) No person shall be entitled to receive any

salary or other compensation from the United