Page:United States Statutes at Large Volume 103 Part 3.djvu/446

 103 STAT. 2514 PUBLIC LAW 101-240—DEC. 19, 1989 (1) APPROPRIATE FEDERAL BANKING AGENCY. —The term "appropriate Federal banking agency" has the meaning given such term in section 903(1) of the International Lending Super- vision Act of 1983. (2) BANEING INSTITUTION.— The term "banking institution" has the meaning given such term in section 903(2) of the International Lending Supervision Act of 1983. (3) DEBT-POR-DEVELOPMENT SWAP. — The term "debt-for-devel- opment swap" has the meaning given such term in section 1608(b)(2) of the International Financial Institutions Act. (4) HIGHLY INDEBTED COUNTRY. —The term "h^hly indebted country" means any country designated as a "Highly Indebted Country*' in the annual World Debt Tables most recently pub- lished by the International Bank for Reconstruction and Devel- opment before the date of the enactment of this section. Subtitle E—Consolidation of Certain Reporting Requirements SEC. 541. CONSOUDATION OF CERTAIN REPORTING REQUIREMENTS. (a) IN GENERAL.—The International Financial Institutions Act (22 U.S.C. 262c et seq.) is amended by adding at the end the following: "TITLE XVII—CONSOLIDATED REPORTING REQUIREMENTS 22 USC 262r. "SEC. 1701. ANNUAL REPORT BY CHAIRMAN OP THE NATIONAL ADVISORY COUNCIL ON INTERNATIONAL MONETARY AND FINANCIAL POUCIES. "(a) IN GENERAL.—The Chairman shall report annually to the "^ Speaker of the House of Representatives, the President of the Senate, and to the President of the United States on the participa- tion of the United States in the international financial institutions. The Chainnan shall present such report to the Speaker of the House of Representatives and the President of the Senate not later than Apnl 1 of each year following the close of the fiscal year covered by such report, except that the report for fiscal year 1989 shall be submitted not later than June 1, 1990. "(b) CoNTENTS OF REPORTS. —Each annual report required by subsection (a) shall contain— "(1) such data and explanations concerning the effectiveness, operations, and policies of the international financial institu- tions, such recommendations concerning the international financial institutions, and such other data and material as the Chairman may deem appropriate; "(2) the reports on each specific issue and topic which is required by any other provision of law to be included in the report of the National Advisory Council on International Mone- tary and Financial Policies required by section 4(b)(5) of the Bretton Woods Agreements Act, as in effect immediately before the date of the enactment of this section; "(3) a description of each loan or other form of financial assistance approved by any international financial institution

�