Page:United States Statutes at Large Volume 104 Part 3.djvu/695

This page needs to be proofread.

PUBLIC LAW 101-513—NOV. 5, 1990 104 STAT. 2047 Development (EBRD), the Secretary of the Treasury shall vigorously seek— (1) establishment of procedures for environmental assessment of all proposed operations with potentially significant environmental impacts; (2) establishment of an environmental unit with sufficient staff to review proposed operations, monitor compliance with environmental provisions, and provide overall policy guidance; (3) establishment of procedures for systematic consultation with and involvement of the public and interested nongovernmental organizations, including an opportunity for comment by local communities which may be affected by EBRD operations and establishment of a system of public notification and comment during the development of EBRD policies and operating procedures; and (4) agreement that a significant portion of the EBRD's funds shall be devoted to projects focused on environmental restoration and protection. PROPERTY MANAGEMENT FUND SEC. 585. (a) The proceeds of overseas property acquired by the 22 USC 2369a. Agency for International Development under the authority of section 636(c) of the Foreign Assistance Act of 1961 may be deposited in a separate fund, which shall be known as the Property Management Fund. Such proceeds shall be available for use only for the purposes of section 636(c) of that Act, and shall remain available until expended. The Administrator of the Agency for International Devel- Reports. opment shall report all uses of funds deposited into the Property Management Fund as part of the annual Congressional Presentation materials submitted by the Agency for International Development. (b) The provisions of subsection (a) shall be applicable to property acquired prior to the date of enactment of this Act and at any time thereafter. IRAQ SANCTIONS ACT OP 1990 SEC. 586. SHORT TITLE. Sections 586 through 586J of this Act may be cited as the Sanctions Act of 1990". 'Iraq SEC. 586A. DECLARATIONS REGARDING IRAQ'S INVASION OF KUWAIT. The Congress— (1) condemns Iraq's invasion of Kuwait on August 2, 1990; (2) supports the actions that have been taken by the President in response to that invasion; (3) calls for the immediate and unconditional withdrawal of Iraqi forces from Kuwait; (4) supports the efforts of the United Nations Security Council to end this violation of international law and threat to international peace; (5) supports the imposition and enforcement of multilateral sanctions against Iraq; (6) calls on United States allies and other countries to support fully the efforts of the United Nations Security Council, and to Iraq Sanctions Act of 1990. 50 USC 1701 note. 50 USC 1701 note.