106 STAT. 3668 PUBLIC LAW 102-549—OCT. 28, 1992 Reports. Grants. 22 USC 2430h. (A) shall receive proposals for grant assistance from eligible grant recipients (as determined under subsection (e)) and make grants to eligible grant recipients in accordance with the priorities agreed upon in the Americas Framework Agreement, consistent with subsection (d); "(B) shall be responsible for the management of the program and oversight of grant activities funded from resources of the Americas Fund; "(C) shall be subject, on an annual basis, to an audit of financial statements conducted in accordance with generally accepted auditing standards by an independent auditor; "(D) shall be required to grant to representatives of the United States General Accounting Office such access to books and records associated with operations of the Americas Fund as the Comptroller General of the United States may request; "(E) shall present an annual program for review each year by the Enterprise for the Americas Board; and
- (¥) shall submit a report each year on the activities
that it undertook during the previous year to the Chair of the Enterprise for the Americas Board and to the government of the beneficiary country. "(d) EuGiBLE AcTivrnES.— Orantsfi:t)man Ameiicas Fund shall be used for— "(1) activities that link the conservation and sustainable use of natural resources with local community development; and (2) child survival and other child development activities.
- (e) GRANT RECIPIENTS. —Grants made from an Americas Fund
shall be made to^ "(1) nongovernmental environmental, conservation, child survival and child development, development, and indigenous peoples organizations of the beneficiary country; "(2) other appropriate local or regional entities; and "(3) in exceptional circumstances, the government of the beneficiary country.
- (f) REVIEW OF LARGER GRANTS.—Any grant of more than
$100,000 from an Americas Fund shall be subject to veto by the (jrovernment of the United States or the government of the beneficiary country. "(g) ELIGIBILITY CRITERIA.— In the event that a country ceases to meet the eligibility requirements set forth in section 703(a), as determined by the President pursuant to section 703(b), then grants from the Americas Fund for that country may only be made to nongovernmental orgsmizations until such time as the President determines tiiat such country meets the eligibility requirements set forth in section 703(a). '*8EC. 709. ENTERPRISE FOR THE AMERICAS BOARD. Tor purposes of this part, the Enterprise for the Americ€U3 Board shall— "(1) advise the Secretary of State on the negotiations of Americas Framework Agreements; "(2) ensure, in consultation with— "(A) the government of the beneficiary country,
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