22 U.S.C. § 290g–7 — Force and effect of agreement; deposit of documents by the President; reservation of right to tax salaries and emoluments paid by the Fund to United States citizens or nationals
submitted 50 years ago by Pub. L. 94-302 to r/title-22-FOREIGN-RELATIONS-AND-INTERCOURSE · 116 words · no verdicts yet
Once the U.S. formally joins the African Development Fund, the Fund's founding agreement becomes fully legal here. The President must also declare that the U.S. keeps the right to tax salaries the Fund pays U.S. citizens.
The agreement, including without limitation articles 41 through 50, shall have full force and effect in the United States, its territories and possessions, and the Commonwealth of Puerto Rico, upon the acceptance of participation by the United States in, and the entry into force of, the Fund. The President, at the time of deposit of the instrument of acceptance of participation of the United States in the Fund, shall also deposit a declaration that the United States retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Fund to its citizens or nationals and may deposit a declaration providing for reservations on other matters set forth in article 58.
Source credit: (Pub. L. 94–302, title II, § 209, May 31, 1976, 90 Stat. 594.)
- 1976Enacted · Pub. L. 94-302 · 90 Stat. 594
A history note hasn’t been published yet. The record shows enactment by Pub. L. 94-302 on 1976-05-31.
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