2019 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 32 - Foreign Assistance
Subchapter I - International Development
Part VII - Debt-for-Nature Exchanges
Sec. 2285 - Terms and conditions
| 22 U.S.C. § 2285 (2019) |
| §2285. Terms and conditions |
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(a) Fulfillment upon final approval by Administrator
The terms and conditions for making grants under this part shall be deemed to be fulfilled upon final approval by the Administrator of the Agency for International Development of the debt-for-nature exchange, a certification by the nongovernmental organization that the host government has accepted the terms of the exchange, and that an agreement has been reached to cancel the commercial debt in an agreed upon fashion. (b) Grants intended to complement assistance otherwise availableGrants made under this section are intended to complement, and not substitute for, assistance otherwise available to a foreign country under this chapter or any other provision of law. (c) Prohibition against acceptance of title or interest in land as condition on debt exchangeThe United States Government is prohibited from accepting title or interest in any land in a foreign country as a condition on the debt exchange. |
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(Pub. L. 87–195, pt. I, §465 [475], as added Pub. L. 101–240, title VII, §711, Dec. 19, 1989, 103 Stat. 2522.) |
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REFERENCES IN TEXT
This chapter, referred to in subsec. (b), was in the original "this Act", meaning Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, as amended, known as the Foreign Assistance Act of 1961. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. CODIFICATIONAnother section 465 of Pub. L. 87–195 is classified to section 2275 of this title. |
| United States Code, 2018 Edition, Supplement 1, Title 22 - FOREIGN RELATIONS AND INTERCOURSE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 22 - FOREIGN RELATIONS AND INTERCOURSE CHAPTER 32 - FOREIGN ASSISTANCE SUBCHAPTER I - INTERNATIONAL DEVELOPMENT Part VII - Debt-for-Nature Exchanges Sec. 2285 - Terms and conditions |
| section 2285 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 75 Stat. 424 103 Stat. 2522 |
| Public Law 87-195, Public Law 101-240 |
