86 STAT. ]
PUBLIC LAW 92-569-OCT. 26, 1972
1183
Treasury under section 3 as a result of the seizure of a vessel ^"'®' P- ^^^a. of the United States by such country, " (B) any payment made pursuant to section 7 in connec- ^2 stau 7 2 ^ ^ 9. tion with such seizure, and "(2) take such action as he deems appropriate to make and collect claims against such foreign country for the amounts so reimbursed and payments so made. " (b) If a foreign country fails or refuses to make payment in full on any claim made under subsection (a)(2) of this section within- one hundred and twenty days after the date on which such country is notified pursuant to subsection (a)(1) of this section, the Secretary of State shall transfer an amount equal to such unpaid claim or unpaid portion thereof from any funds appropriated by Congress and programed for the current fiscal year for assistance to the government of such country under the Foreign Assistance Act of 1961 unless the ^s sta^. 424^. President certifies to the Congress that it is in the national interest not note. to do so in the particular instance (and if such funds are insufficient to cover such claim, transfer shall be made from any funds so appropriated and programed for the next and any succeeding fiscal year) to (1) the Fishermen's Protective F u n d established pursuant to section 9 if the amount is transferred with respect to an unpaid claim for a reimbursement made under section 3, or (^) the separate account ^"'e' P- 1182. established in the Treasury of the United States pursuant to section 7 (c) if the amount is transferred -with respect to an unpaid claim for a ^"^• payment made under section 7(a). Amounts transferred under this section shall not constitute satisfaction of any such claim of the United States against such foreign country." SEC. 4. Section 7(c) of the Fishermen's Protective Act of 1967 (22 U.S.C. 1977(c)) is amended by inserting immediately before the last ^2 Stat. 729. sentence thereof the following new sentence: "If a transfer of funds is made to the separate account under section 5(b)(2) with respect to an unpaid claim and such claim is later paid, the amount so paid shall be covered into the Treasury as miscellaneous receipts." SEC. 5. The Fishermen's Protective Act of 1967 is further amended Fishermen's by adding at the end thereof the following new section: esrabi/shmem." ' "SEC. 9. There is created a Fishermen's Protective Fund which shall be used by the Secretary of the Treasury to reimburse owners of vessels for amounts certified to him by the Secretary of State under section 3. The amount of any claim or portion thereof collected by the Secretary of State from any foreign country pursuant to section 5(a) shall be deposited in the fund and shall be available for the purpose of reimbursing vessel owners under section 3; except that if a transfer to the fund was made pursuant to section 5(b)(1) with respect to any such claim, an amount from the fund equal to the amount so collected shall be covered into the Treasury as miscellaneous receipts. There is authorized to be appropriated to the fund (1) the Appropriation. sum of $3,000,000 to provide initiail capital, and (2) such additional sums as may be necessary from time to time to supplement the fund in order to meet the requirements of the fund." SEC. 6. The amendments made by this Act shall apply with respect Effective date. to seizures of vessels of the United States occurring on or after the date of the enactment of this Act; except that reimbursements under section 3 of the Fishermen's Protective Act of 1967 (as in effect before such date of enactment) may be made from the fund established hj the amendment made by section 5 of this Act with respect to any seizure of a vessel occurring before such date of enactment and after December 31, 1970, if no reimbursement was made before such date of enactment. Approved October 26, 1972.
�
