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22 U.S.C. § 2285Terms and conditions

submitted 37 years ago by Pub. L. 87-195 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 150 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Terms and conditions. It states the duties, permissions, limits, reports, or definitions described in the text.

(a) Fulfillment upon final approval by Administrator The terms and conditions for making grants under this part must be treated as 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. (b) Grants intended to complement assistance otherwise available 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. (c) Prohibition against acceptance of title or interest in land as condition on debt exchange 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.
the actual law source: uscode.house.gov ↗public domain
(a) Fulfillment upon final approval by Administrator

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.

(b) Grants intended to complement assistance otherwise available

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.

(c) Prohibition against acceptance of title or interest in land as condition on debt exchange

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.)

history & why it existsrecord from the source credit
  • 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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