An Act to authorize payment and appropriation of the second and third installments of the United States contributions to the Fund for Special Operations of the Inter-American Development Bank
PL 92-246 (S.748), enacted 03/10/1972

86 STAT. ] 
PUBLIC LAW 92-246-MAR. 10, 1972 
59 
government of such country has failed to take adequate steps to prevent 
narcotic drugs and other controlled substances (as defined by the Com-
prehensive Drug Abuse Prevention and Control Act of 1970) produced 
f[ ^^^ g^^^^-
or processed, in whole or in part, in such country, or transported jnote. 
through such country, from being sold illegally within thiB jurisdiction 
of such country to United States Government personnel or their 
dependents, or from entering the United States unlawfully. Such 
instruction shall continue in effect until the President determines, and 
so notifies the Secretary of the Treasury, that the government of such 
country has taken adequate steps to prevent such sale or entry of nar-
cotic dru2:s and other controlled substances."' 
Approved March 10, 1972. 
Public Law 92-246 
AN ACT 
To authorize payment and appropriation of the second and tliird installments of 
the United States contributions to the Fund for Special Operations of the 
Inter-American Development Bank. 
March 10, 1972 
[S. 748] 
Be it enacted hy the Senate and House of Rejjrese^itatives of the 
United States of Atnerica in Congress assmnbled, That the Inter-
American Development Bank Act (22 U.S.C. 283 et seq.) is amended 
by adding at the end thereof the following new sections: 
"SEC. 19. (a) The United States Governor of the Bank is authorized 
to pay to the Fund for Special Operations two annual installments of 
$450,000,000 each in accordance with and subject to the terms and 
conditions of the resolution adopted by the Board of Governors on 
December 31, 1970, concerning an increase in the resources of the 
Fund for Special Operations and contributions thereto. 
"(b) There are hereby authorized to be appropriated, without fiscal 
year limitation, the amounts necessary for payment by the Secretary 
of the Treasury of the two annual installments of $450,000,000 each 
for the United States share of the increase in the resources of the Fund 
for Special Operations of the Bank. 
"SEC. 20. The United States Governor of the Bank is authorized to 
agree to amendments to the provisions of the articles of agreement as 
provided in proposed Board of Governors resolutions entitled (a) 
'Amendment of the Provisions of the Agreement Establishing the 
Bank with Respect to Membership and to Related Matters' and (b) 
'Amendment of the Provisions of the Agreement Establishing the 
Bank with Respect to the Election of Executive Directors'. 
"SEC. 21. The President shall instruct the United States Executive 
Director of the Bank to vote against any loan or other utilization of the 
funds of the Bank for the benefit of any country which has— 
"(1) nationalized or expropriated or seized ownership or con-
trol of property owned by any United States citizen or by any cor-
poration, partnership, or association not less than 50 per centum 
of which is beneficially owned by LTnited States citizens; 
"(2) taken steps to repudiate or nullify existing contracts or 
agreements with any United States citizen or any corporation, 
partnership, or association not less than 50 per centum of which 
IS beneficially owned by United States citizens; or 
"(3) imposed or enforced discriminatory taxes or other exac-
tions, or restrictive maintenance or operational conditions, or has 
taken other actions, which have the effect of nationalizing, expro-
priating, or otherwise seizing ownership or control of property 
so owned; 
Inter-American 
Development 
Bank. 
Fund for Special 
Operations, 
U.S. contribution. 
73 Stat. 299; 
84 Stat. 1658. 
Appropriation. 
Expropriation 
of U.S. property, 
loan restriction. 
60 
PUBLIC LAW 92-247-MAR. 10, 1972 
[86 STAT. 
17 UST 1270. 
Illegal drug 
traffic, loan 
restriction. 
84 Stat. 1236. 
21 u s e 801 
note. 
unless the President determines that (A) an arrangement for prompt, 
adequate, and effective compensation has been made, (B) the parties 
have submitted the dispute to arbitration under the rules of the Con-
vention for the Settlement of Investment Disputes, or (C) good faith 
negotiations are in progress aimed at providing prompt, adequate, and 
effective compensation under the applicable principles of interna-
tional law." 
SEC. 2. The Inter-American Development Bank Act is amended by 
adding at the end thereof the following new section: 
"SEC. 22. The Secretary of the Treasury shall instruct the United 
States Executive Director of the Bank to vote against any loan or 
other utilization of the funds of the Bank for the benefit of any coun-
try with respect to which the President has made a determination, and 
so notified the Secretary of the Treasury, that the government of such 
country has failed to take adequate steps to prevent narcotic drugs 
and other controlled substances (as defined by the Comprehensive 
Drug Abuse Prevention and Control Act of 1970) produced or proc-
essed, in whole or in part, in such country, or transported through such 
country, from being sold illegally within the jurisdiction of such coun-
try to United States Government personnel or their dependents, or 
from entering the United States unlawfully. Such instruction shall 
continue in effect until the President determines, and so notifies the 
Secretary of the Treasury, that the government of such country has 
taken adequate steps to prevent such sale or entry of narcotic drugs 
and other controlled substances." 
Approved March 10, 1972. 
March 10, 1972 
[S.2010] 
Public Law 92-247 
AN ACT 
To provide for increased participation by the United States in the International 
Development Association. 
International 
Development 
Association. 
U.S. participa-
tion. 
74 Stat. 293; 
83 Stat. 10. 
22 u s e 284 
note. 
Appropriation. 
Expropriation of 
U.S. property, 
loan restriction. 
Be it enacted iy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That the Interna-
tional Development Association Act is amended by adding at the end 
thereof the following new sections: 
"SEC. 11. The United States Governor is hereby authorized to agree 
on behalf of the United States to contribute to the Association three 
annual ii>stallments of $320,000,000 each as recommended in the 'Keport 
of the Executive Directors to the Board of Governors on Additions to 
IDA Resources: Third Replenishment,' dated July 21, 1970. There is 
hereby authorized to be appropriated, without fiscal year limitation, 
the amounts necessary for payment by the Secretary of the Treasury 
of three annual installments of $320,000,000 each for the United States 
share of the increase in the resources of the Association. 
"SEC. 12. The President shall instruct the United States Executive 
Directors of the International Bank for Reconstruction and Develop-
ment and the International Development Association to vote against 
any loan or other utilization of the funds of the Bank and the 
Association for the benefit of any country which has— 
"(1) nationalized or expropriated or seized ownership or con-
trol of property owned by any United States citizen or by any 
corporation, partnership, or association not less than 50 per centum 
of which is beneficially owned by United States citizens; 
"(2) taken steps to repudiate or nullify existing contracts or 
agreements with anj^ United States citizen or any corporation, 
partnership, or association not less than 50 per centum of which 
is beneficially owned by United States citizens; or