22 U.S.C. § 2604 — Allocation, transfer and availability of funds; separate appropriation accounts on Treasury books
submitted 64 years ago by Pub. L. 87-510 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 98 words · no verdicts yet
This section authorizes the President to allocate or transfer available funds among Federal agencies for this chapter’s purposes. It also permits separate Treasury appropriation accounts.
The President may allocate or transfer to a Federal agency any part of the funds available for this chapter’s purposes. The agency may obligate and spend those funds only for purposes authorized by this chapter or by the authority governing the agency’s activities. Funds allocated or transferred under this section may be kept in separate appropriation accounts on the Treasury’s books.
The President may allocate or transfer to any agency of the United States Government any part of any funds available for carrying out the purposes of this chapter. Such funds shall be available for obligation and expenditure for the purposes for which authorized in accordance with authority granted in this chapter or under authority governing the activities of the agencies of the United States Government to which such funds are allocated or transferred. Funds allocated or transferred pursuant to this section to any such agency may be established in separate appropriation accounts on the books of the Treasury.
Source credit: (Pub. L. 87–510, § 4(b), June 28, 1962, 76 Stat. 123.)
- 1962Enacted · Pub. L. 87-510 · 76 Stat. 123
A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-510 on 1962-06-28.
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