Page:United States Statutes at Large Volume 103 Part 2.djvu/199

 PUBLIC LAW 101-167-NOV. 21, 1989 103 STAT. 1209 of the total amount of funds transferred to carry out the purposes of this heading not less than 50 per centum shall be derived from funds appropriated to carry out chapter 4 of part II of the Foreign Assistance Act: Provided further. That transfers of any funds to carry out the purposes of this heading shall be subject to the regular notification procedures of the Committees on Appropriations: Pro- vided further. That funds made available under this heading shall remain available until September 30, 1991: Provided further, That none of the funds appropriated under this heading shall be made available except as provided through the regular notification proce- dures of the Committees on Appropriations. INDEPENDENT AGENCIES AFRICAN DEVELOPMENT FOUNDATION For necessary expenses to carry out the provisions of title V of the International Security and Development Cooperation Act of 1980, Public Law 96-533, and to make such contracts and commitments without regard to fiscal year limitations, as provided by section 9104, title 31, United States Code, $9,000,000: Provided, That, when, with the permission of the Foundation, funds made available to a grantee under this heading are invested pending disbursement, the resulting interest is not required to be deposited in the United States Treasury if the grantee uses the resulting interest for the purpose for which the grant was made. This provision applies with respect to both interest earned before and interest earned after the enactment of this provision: Provided further. That section 507(a)(l) of the African Development Foundation Act is amended by adding 22 USC 209h-5. at the end thereof the following: "Members of the Board shall be appointed so that no more than four members of the Board are members of any one political party.": Provided further. That the 22 USC 290h-5 amendment to section 507(a)(l) of such Act shall not affect an note. appointment made to the Board prior to the date of enactment of this Act: Provided fuHher, That section 511 of the African Develop- 22 USC 290h-9. ment Foundation Act is repealed. INTER-AMERICAN FOUNDATION (INCLUDING TRANSFER OF FUNDS) For expenses necessary to carry out the functions of the Inter- American Foundation in accordance with the provisions of section 401 of the Foreign Assistance Act of 1969, and to make such contracts and commitments without regard to fiscal year limita- tions, as provided by section 9104, title 31, United States Code, $16,932,000. OVERSEAS PRIVATE INVESTMENT CORPORATION The Overseas Private Investment Corporation is authorized to make such expenditures within the limits of funds available to it and in accordance with law (including not to exceed $35,000 for official reception and representation expenses), and to make such contracts and commitments without regard to fiscal year limita- tions, as provided by section 9104 of title 31, United States Code, as may be necessary in carrying out the program set forth in the budget for the current fiscal year.

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