22 U.S.C. § 2285 — Terms and conditions
submitted 37 years ago by Pub. L. 87-195 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 150 words · no verdicts yet
This section sets rules about Terms and conditions. It states the duties, permissions, limits, reports, or definitions described in the text.
The terms and conditions for making grants under this part shall be deemed to be fulfilled upon final approval by the Administrator of the Agency for International Development of the debt-for-nature exchange*, a certification by the nongovernmental organization that the host government has accepted the terms of the exchange, and that an agreement has been reached to cancel the commercial debt in an agreed upon fashion.
Grants made under this section are intended to complement, and not substitute for, assistance otherwise available to a foreign country under this chapter or any other provision of law.
The United States Government is prohibited from accepting title or interest in any land in a foreign country as a condition on the debt exchange.
Source credit: (Pub. L. 87–195, pt. I, § 465 [475], as added Pub. L. 101–240, title VII, § 711, Dec. 19, 1989, 103 Stat. 2522.)
- 1989Enacted · Pub. L. 87-195 · 103 Stat. 2522
A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-195 on 1989-12-19.
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