Page:United States Statutes at Large Volume 80 Part 1.djvu/1060

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[80 STAT. 1024]
PUBLIC LAW 89-000—MMMM. DD, 1966
[80 STAT. 1024]

1024

PUBLIC LAW 89-691-OCT. 15, 1966

[80 STAT.

shall remain available until December 31, 1967: Provided, That no funds herein appropriated shall be used to assist directly in the migration to any nation in the Western Hemisphere of any person not having a security clearance based on reasonable standards to insure against Communist infiltration in the Western Hemisphere. F U N D S APPROPRIATED TO THE PRESIDENT INVESTMENT IN INTER-AMERICAN DEVELOPMENT BANK

For subscription to the Inter-American Development Bank for the third installment of the United States share in the increase in the resources of the Fund for Special Operations of the Bank, $250,000,000, to remain available until expended. SUBSCRIPTION TO THE INTERNATIONAL DEVELOPMENT ASSOCIATION

For payment of the second installment of the supplementary contributiong of the United States to the International Development Association, $104,000,000, to remain available until expended. TITLE III — E X P O R T - I M P O R T BANK O F

61 Stat. 584. 31 USC 849.

WASHINGTON

The Export-Import Bank of Washington is hereby authorized to make such expenditures within the limits of funds and borrowing authority available to such corporation, and in accord with law, and to make such contracts and commitments without regard to fiscal year limitations as provided by section 104 of the Government Corporation Control Act, as amended, as may be necessary in carrying out the program set forth in the budget for the current fiscal year for such corporation, except as hereinafter provided. LIMITATION ON OPERATING EXPENSES

Not to exceed $2,108,241,000 (of which not to exceed $1,330,000,000 shall be for equipment and services loans) shall be authorized during the current fiscal year for other than administrative expenses. LIMITATION ON ADMINISTRATIVE EXPENSES

60 Stat. 810.

crfdu^ro c°om-^ munist count"on^' '^^^'"'"

Not to exceed $4,134,000 (to be computed on an accrual basis) shall be available during the current fiscal year for administrative expenses, including services as authorized by section 15 of the Act of August 2, 1945 (5 XJ.S.C. 55a), and not to exceed $9,000 for entertainment allowances for members of the Board of Directors: Provided, That (1) fees or dues to international organizations of credit institutions engaged in financing foreign trade, (2) necessary expenses (including special services performed on a contract or fee basis, but not including other personal services) in connection with the acquisition, operation, maintenance, improvement, or disposition of any real or personal property belonging to the Bank or in which it has an interest, including expenses of collections of pledged collateral, or the investigation or appraisal of any property in respect to which an application for a loan has been made, and (3) expenses (other than internal expenses of the Bank) incurred in connection with the issuance and servicing of guarantees, insurance, and reinsurance, shall be considered as nonadministrative expenses for the purposes hereof. Nouc of the funds made available because of the provisions of this title shall be used by the Export-Import Bank to either guarantee the payment of any obligation hereafter incurred by any Communist