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PUBLIC LAW 89-324-NOV. 5, 1965
[79 STAT.
Public Law 89-324 November 5, 1965 [H. R. 78 12]
Naval v e s s e l s. Loan authorization.
AN ACT To a u t h o r i z e the loan of naval vessels to friendly foreign other purposes.
countries, and for
Be if enacted by the Senate and Roune of Repre>:>entativeH of the Ignited StaisH of Amer'/ca tn Congress assembled, TITLE I
70A Stat. 452.
Italy and Spain.
75 Stat. 424. 22 USC 2151
SEC. 101. Notwithstanding section 7807 of title 10, United States Code, or any other law, the President may lend to friendly foreign nations, on such terms and conditions as he deems appropriate, ships from the reserve fleet as follows: (1) Italy, two submarines, and (2) Spain, one helicopter carrier. SEC. 102, All expenses involved in the activation, rehabilitation, and outfitting (including repairs, alterations, and logistic support) of vessels transferred under this title shall be charged to funds provided by the recipient government under the reimbursable provisions of the Foreign Assistance Act of 1961, as amended, or successor legislation. TITLE II
Argentina and Brazil.
Sale of v e s s e l s. 70A Stat. 451.
'<ey and •pines.
SEC. 201. Notwithstanding section 7807 of title 10, United States Code, or any other law, the President may sell or lend, at his discretion, to friendly foreign nations of Latin America irom the reserve fleet, on such terms and conditions as he deems appropriate, destroyers as follows: (1) Argentina, two destroyers, Brazil, three destroyers. SEC. 202. All expenses involved in the activation, rehabilitation, and outfitting (including repairs, alterations, and logistic support) of vessels transferred under this title shall be charged to funds provided by the recipient government under the reimbursable provisions of the Foreign Assistance Act of 1961, as amended, or successor legislation. SEC. 203. Notwithstanding sections 7304 and 7305 of title 10, United States Code, should the President determine that the vessel or vessels shall be sold to the recipient government, said vessel or vessels shall be stricken from the Naval Vessel Register. The vessel or vessels shall be sold at not less than $1,000,000 each over and above any cost of activation, overhaul, or modification. All sales will be made pursuant to the Foreign Assistance Act of 1961, as amended, or successor legislation. TITLE III SEC. 301. Notwithstanding section 7307 of title 10, United States Code, or any other law, the President may lend to friendly foreign nations, on such terms and conditions as he deems appropriate, ships from the reserve fleet as follows: (1) Turkey, two destroyers, and (2) the Philippines, one destroyer escort. SEC. 302. All expenses involved in the activation, rehabilitation, and outfitting (including repairs, alterations, and logistic support) of vessels transferred under this title, shall be charged to funds programed for the recipient government as grant military assistance, or as reimbursable, under the provisions of the Foreign Assistance Act of 1961, as amended, or successor legislation.
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