Executive Order 12623

By the authority vested in me as President by the Constitution and laws of the United States of America, including Section 111 of the Joint Resolution Making Continuing Appropriations for the Fiscal Year 1988 (Public Law 100-202) ("the Act"), the Foreign Assistance Act of 1961, as amended (22 U.S.C. 2151 et seq.), and section 301 of title 3 of the United States Code, and in order to delegate certain functions concerning the designation of funds to be transferred, the transfer of funds and operation of accounts, it is hereby ordered as follows:

Section 1. The Secretary of State is authorized to perform the functions vested in the President by Section 111 of the Act, except the determination and certification pursuant to Section 111(b)(2), except any request for additional assistance pursuant to Section 111(j)(1), and except as provided in Sections 2 and 3 of this Order.

Sec. 2. The Secretary of Defense is authorized to perform the function, vested in the President by Section 111(a) of the Act, of designating the accounts from which unobligated funds, made available by the Department of Defense appropriations acts for the Fiscal Year 1987 or prior fiscal years, are transferred.

Sec. 3. The Secretary of Defense is authorized to perform the functions, vested in the President by Section 111(b)(1) and (d)(1) of the Act, of designating and transferring unobligated funds made available by the Department of Defense appropriations acts for the Fiscal Year 1987 or prior fiscal years.

Sec. 4. The funds described in Sections 2 and 3 of this Order will be transferred to the account for Assistance for the Nicaraguan Democratic Resistance.

RONALD REAGAN The White House, January 6, 1988.

[Filed with the Office of the Federal Register, 4:47 p.m., January 6, 1988]