2015 US Code
Title 22 - Foreign Relations and Intercourse (Sections 1 - 9141)
Chapter 7 - International Bureaus, Congresses, Etc. (Sections 261 - 290q)
Subchapter XXII - African Development Fund (Sections 290g - 290g-23)
Sec. 290g-21 - Multilateral debt relief
| Publication Title | United States Code, 2012 Edition, Supplement 3, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 7 - INTERNATIONAL BUREAUS, CONGRESSES, ETC. SUBCHAPTER XXII - AFRICAN DEVELOPMENT FUND Sec. 290g-21 - Multilateral debt relief |
| Contains | section 290g-21 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 94-302, title II, §222, as added Pub. L. 112-74, div. I, title VII, §7083(b), Dec. 23, 2011, 125 Stat. 1263. |
| Statutes at Large Reference | 125 Stat. 1263 |
| Public and Private Law | Public Law 94-302, Public Law 112-74 |
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The Secretary of the Treasury is authorized to contribute, on behalf of the United States, not more than $60,000,000 to the African Development Fund for the purpose of funding debt relief costs under the Multilateral Debt Relief Initiative incurred in the period governed by the twelfth replenishment of resources of the African Development Fund, subject to obtaining the necessary appropriations and without prejudice to any funding arrangements in existence on December 23, 2011.
(b) AppropriationsIn order to pay for the United States contribution provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, not more than $60,000,000 for payment by the Secretary of the Treasury.
(c) Multilateral Debt Relief InitiativeIn this section, the term "Multilateral Debt Relief Initiative" means the proposal set out in the G8 Finance Ministers' Communiqué entitled "Conclusions on Development", done at London, June 11, 2005, and reaffirmed by G8 Heads of State at the Gleneagles Summit on July 8, 2005.
(Pub. L. 94–302, title II, §222, as added Pub. L. 112–74, div. I, title VII, §7083(b), Dec. 23, 2011, 125 Stat. 1263.)
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