1. U.S. Code
  2. title 22
  3. chapter 63
  4. subchapter VII
  5. § 5495

Collapse to view only § 5495. Certain uses of excess foreign currencies

§ 5491. Suspension of SEED assistance
The President should suspend all assistance to an East European country pursuant to this chapter if the President determines, and reports to the Congress, that—
(1) that country is engaged in international activities directly and fundamentally contrary to United States national security interests;
(2) the president or any other government official of that country initiates martial law or a state of emergency for reasons other than to respond to a natural disaster or a foreign invasion; or
(3) any member who was elected to that country’s parliament has been removed from that office or arrested through extraconstitutional processes.
(Pub. L. 101–179, title VIII, § 801, Nov. 28, 1989, 103 Stat. 1322.)

CITE AS: 22 USC 5491

§ 5492. Declaration of the Republic of Hungary
(a) Findings
The Congress finds that—
(1) on October 23, 1989, in a public ceremony in Budapest, the acting President of Hungary declared the Hungarian state to be an independent, democratic Republic of Hungary;
(2) this public ceremony was held on the 33d anniversary of Hungary’s 1956 revolution that was bloodily suppressed by Soviet troops;
(3) this public ceremony was held in the same Kossuth Square where the first mass rally of the 1956 revolution was held;
(4) as a further symbol of Hungary’s faithfulness to the legacy of the revolution of 1956, the declaration by the acting President was made from the same balcony from which Imre Nagy, the martyred Prime Minister of the revolutionary government of 1956, addressed the citizens of Budapest 33 years before;
(5) the heroic revolt and freedom fight of the Hungarian people in 1956 was an inspirational event, reminding a generation of Americans of the sacrifices people are willing to undertake as the price of liberty; and
(6) the present efforts of the Hungarian people to validate the legacy of the revolution of 1956 by establishing a free, independent, and prosperous Hungary have gained the sympathy and admiration of the American people.
(b) Congressional declarations
The Congress—
(1) congratulates the people of Hungary on the declaration of a Republic of Hungary committed to democratic principles; and
(2) expresses its desire to enhance the friendly relations between the people of Hungary and the people of the United States and between their respective governments.
(Pub. L. 101–179, title VIII, § 802, Nov. 28, 1989, 103 Stat. 1322.)

CITE AS: 22 USC 5492

§ 5493. Administrative expenses of Agency for International Development

For the purpose of paying administrative expenses incurred in connection with carrying out its functions under this chapter, the Agency for International Development may use up to $500,000 each fiscal year of the funds made available to the Agency under this chapter.

(Pub. L. 101–179, title VIII, § 803, Nov. 28, 1989, 103 Stat. 1323.)

CITE AS: 22 USC 5493

§ 5494. Relation of provisions of this chapter to certain provisions of appropriations acts

Any provision of the annual Foreign Operations, Export Financing, and Related Programs Appropriations Act that provides that assistance for Poland or Hungary under that Act may be provided “notwithstanding any other provision of law” shall not supersede any otherwise applicable provision of this chapter. This section shall not, however, be construed to apply with respect to section 599C(b) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1990 (or a corresponding provision of a subsequent such appropriations Act.

(Pub. L. 101–179, title VIII, § 804, Nov. 28, 1989, 103 Stat. 1323.)

CITE AS: 22 USC 5494

§ 5495. Certain uses of excess foreign currencies
(a) Authority to use
(b) Purposes for which currency may be used
Foreign currencies may be used under this section—
(1) for the same purposes for which assistance may be provided under part I of the Foreign Assistance Act of 1961 (22 U.S.C. 2151 and following; relating to economic assistance), and
(2) for the support of any institution providing education for a significant number of United States nationals (who may include members of the United States Armed Forces or the Foreign Service or dependents of such members).
(c) Currencies which may be used
(d) Where currencies may be used
(e) Nonapplicability of other provisions of law
(f) Requirement for appropriations action
(Pub. L. 101–179, title VIII, § 805, Nov. 28, 1989, 103 Stat. 1323.)

CITE AS: 22 USC 5495