Page:United States Statutes at Large Volume 103 Part 2.djvu/206

 103 STAT. 1216 PUBLIC LAW 101-167—NOV. 21, 1989 authorized by law: Provided further. That loan guarantee authority available to the Export-Import Bank of the United States may be used by the Bank to participate in the financing of commercial sales of defense articles and services destined for Greece and Turkey, notwithstanding any other provision of law: Provided further. That the authority provided by the previous proviso shall not be used for the procurement of defense articles or services for use on Cyprus: Provided further. That during the fiscal year 1990, total commit- ments to guarantee loans shall not exceed $10,384,000,000 of contin- gent liability for loan principal: Provided further. That the direct loan, tied aid grant and interest subsidy authority provided under this heading shall remain available until September 30, 1991. LIMITATION ON ADMINISTRATIVE EXPENSES Not to exceed $22,000,000 (to be computed on an accrual bgisis) shall be available during fiscal year 1990 for administrative ex- penses, including hire of passenger motor vehicles and services as authorized by section 3109 of title 5, United States Code, and not to exceed $16,000 for official reception and representation expenses for members of the Board of Directors: Provided, That (1) fees or dues to international organizations of credit institutions engaged in financ- ing foreign trade, (2) necessary expenses (including special services performed on a contract or a fee basis, but not including other personal services) in connection with the acquisition, operation, maintenance, improvement, or disposition of any real or personal property belonging to the Export-Import Bank or in which it has an interest, including expenses of collections of pledged collateral, or the investigation or appraisal of any property in respect to which an application for a loan has been made, and (3) expenses (other than internal expenses of the Export-Import Bank) incurred in connec- tion with the issuance and servicing of guarantees, insurance, and reinsurance, shall be considered as nonadministrative expenses for the purposes of this heading. , FUNDS APPROPRIATED TO THE PRESIDENT TRADE AND DEVELOPMENT PROGRAM For necessary expenses to carry out the provisions of section 661 of the Foreign Assistance Act of 1961, $30,000,000: Provided, That except as provided in this or any other Act appropriating funds for foreign operations, export financing, and related programs, no provi- sion of law enacted after May 19, 1988, may transfer funds to, or otherwise make available funds for, the Trade and Development Program. AGENCY FOR INTERNATIONAL DEVELOPMENT TRADE CREDIT INSURANCE PROGRAM During fiscal year 1990, total commitments to guarantee or insure loans for the "Trade Credit Insurance Program" shall not exceed $200,000,000 of contingent liability for loan principal for Central America and, notwithstanding any other provision of law, not to exceed $200,000,000 of contingent liability for loan principal for Poland pursuant to the authorities of section 224 of the Foreign Assistance Act of 1961: Provided, That section 224(c) of the Foreign

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