Page:United States Statutes at Large Volume 103 Part 3.djvu/429

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PUBLIC LAW 101-240—DEC. 19, 1989 103 STAT. 2497 "(A) were transmitted by the Board of Executive Direc- tors to the Governors of the Bank by resolution of April 19, 1989; "(B) are pending before the Board of Governors of the Bank; and "(C) provide for— "(i) an increase in the authorized capital stock of the Bank and sulracriptions to the Bank; and "(ii) an increase in the resources of the Fund for Special Operations and contributions to the Fund. "(2) SUBSCRIPTION AND CONTRIBUTION AUTHORTTY.— To the extent and in the amounts provided in advance in appropria- tions Acts, on adoption of the resolutions described in para- graph (1), the United States Governor of the Bank may, on behalf of the United States— "(A) subscribe to 760,112 shares of the increase in the authorized capital stock of the Bank; and " (B) contribute $82,304,000 to the Fund for Special Operations. "(b) LIMITATION ON AUTHORIZATION OP APPROPRIATIONS.— To pay for the subscription and contribution authorized under subsection (a), there are authorized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury— " (1) $9,169,559,712, for the United States subscription to the capital stock of the Bank; and "(2) $82,304,000, for the United States contribution to the Fund for Special Operations. "(c) ORGANIZATIONAL CHANGES REQUIRED TO BE MADE BEFORE PAYMENT FOR SUBSCRIPTION TO CAPITAL STOCK AND CONTRIBUTION TO THE FUND FOR SPECIAL OPERATIONS.— The Secretary of the Treasury may not make any payment for the subscription and contribution authorized under subsection (a) unless the Bank— "(1) has established an environmental unit with responsibility for the development, evaluation, and integration of Bank poli- cies, projects, and programs designed to promote environ- mentally sustainable development in borrower countries; "(2) has increased the number of the staff of the Bank with environmentally oriented responsibilities and training; "(3) provides for an increase in the number of environ- mentally beneficial projects cmd programs financed by the Bank; and "(4) has designed a process for ensuring the access of indige- nous non-governmental organizations to the process for design- ing projects and programs. "(d) CERTIFICATION OF ACCESS TO BANK RECORDS REQUIRED BEFORE PAYMENT FOR SUBSCRIPTION TO CAPITAL STOCK AND CONTRIBUTION TO FUND FOR SPECIAL OPERATIONS.— The Secretary of the Treasury shall not make any payment for the subscription and contribution authorized under subsection (a) until the Secretary, after consulta- tion with the United States Executive Director of the Bank, certifies to the Congress that— "(1) the Bank has given the Comptroller General of the Nicaragua. United States access to the audit memorandum issued by the Auditor General of the Bank with respect to the November 1987 disbursement of funds to the Government of Nicaragua;