Page:United States Statutes at Large Volume 100 Part 1.djvu/1140

 100 STAT. 1102

PUBLIC LAW 99-440—OCT. 2, 1986

safeguards, for International Atomic Energy Agency programs generally available to its member states, for reducing the use of highly enriched uranium in research or test reactors, or for other technical programs for the purpose of reducing proliferation risks, such as programs to extend the life of reactor fuel and activities envisaged by section 223 of the Nuclear Waste Policy Act of 1982 or which are necessary for humanitarian 42 USC 10203. reasons to protect the public health and safety, Exports. (c) The prohibitions contained in subsection (a) shall not apply Defense and with respect to a particular export, retransfer, or activity, or a group national of exports, retransfers, or activities, if the President determines that security. President of U.S. to apply the prohibitions would be seriously prejudicial to the achievement of United States nonproliferation objectives or would otherwise jeopardize the common defense and security of the United States and, if at least 60 days before the initial export, retransfer, or activity is carried out, the President submits to the Speaker of the House of Representatives and the chairman of the Committee on Foreign Relations of the Senate a report setting forth that determination, together with his reasons therefor. GOVERNMENT OF SOUTH AFRICA BANK ACCOUNTS

22 USC 5058.

12 USC 461. Effective date.

SEC. 308. (a) A United States depository institution may not accept, receive, or hold a deposit account from the Government of South Africa or from any agency or entity owned or controlled by the Government of South Africa except for such accounts which may be authorized by the President for diplomatic or consular purposes. For purposes of the preceding sentence, the term "depository institution" has the same meaning as in section 19(b)(1) of the Federal Reserve Act. (b) The prohibition contained in subsection (a) shall take effect 45 days after the date of enactment of this Act. PROHIBITION ON IMPORTATION OF URANIUM AND COAL FROM SOUTH AFRICA

22 USC 5059.

Effective date.

SEC. 309. (a) Notwithstanding any other provision of law, no— (1) uranium ore, (2) uranium oxide, (3) coal, or (4) textiles, that is produced or manufactured in South Africa may be imported into the United States. (b) This section shall take effect 90 days after the date of enactment of this Act. PROHIBITION ON NEW INVESTMENT IN SOUTH AFRICA

22 USC 5060. Effective date.

SEC. 310. (a) No national of the United States may, directly or through another person, make any new investment in South Africa. (b) The prohibition contained in subsection (a) shall take effect 45 days after the date of enactment of this Act. (c) I'he prohibition contained in this section shall not apply to a firm owned by black South Africans.

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