Page:United States Statutes at Large Volume 110 Part 2.djvu/642

 110 STAT. 1434 PUBLIC LAW 104-164-JULY 21, 1996 the United States Government not later than 30 days after the date of such transfer.". SEC. 143. INCREASED STANDARDIZATION, RATIONALIZATION, AND INTEROPERABILITY OF ASSISTANCE AND SALES PRO- GRAMS. Paragraph (6) of section 515(a) of the Foreign Assistance Act of 1961 (22 U.S.C. 2321i(a)(6)) is amended by striking "among members of the North Atlantic Treaty Organization and with the Armed Forces of Japan, Australia, and New Zealand". SEC. 144. DEFINITION OF SIGNIFICANT MILITARY EQUIPMENT. Section 47 of the Arms Export Control Act (22 U.S.C. 2794) is amended— (1) in paragraph (7), by striking "and" at the end; (2) in paragraph (8), by striking the period at the end and inserting "; and"; and (3) by adding at the end the following new paragraph: "(9) 'significant militsiry equipment' means articles— "(A) for which special export controls are warranted because of the capacity of such articles for substantial military utility or capability; and "(B) identified on the United States Munitions List.". SEC. 146. ELIMINATION OF ANNUAL REPORTING REQUIREMENT RELATING TO THE SPECIAL DEFENSE ACQUISITION FUND. (a) IN GENERAL.— Section 53 of the Arms Export Control Act (22 U.S.C. 2795b) is hereby repealed. (b) CONFORMING AMENDMENT. —Section 51(a)(4) of such Act (22 U.S.C. 2795(a)(4)) is amended— (1) by striking "(A)"; and (2) by striking subparagraph (B). SEC. 146. COST OF LEASED DEFENSE ARTICLES THAT HAVE BEEN LOST OR DESTROYED. Section 61(a)(4) of the Arms Export Control Act (22 U.S.C. 2796(a)(4)) is amended by striking "and the replacement cost" and all that follows and inserting the following: "and, if the articles are lost or destroyed while leased— "(A) in the event the United States intends to replace the articles lost or destroyed, the replacement cost (less any depreciation in the value) of the articles; or "(B) in the event the United States does not intend to replace the articles lost or destroyed, an amount not less than the actual value (less any depreciation in the value) specified in the lease agreement.". SEC. 147. DESIGNATION OF MAJOR NON-NATO ALLIES. (a) DESIGNATION.— (1) NOTICE TO CONGRESS. —Chapter 2 of part II of the Foreign Assistance Act of 1961 (22 U.S.C. 2311 et seq.), as amended by this Act, is further amended by adding at the end the following new section: 22 USC 2321k. " SEC. 517. DESIGNATION OF MAJOR NON-NATO ALLIES. President. "(a) NOTICE TO CONGRESS.— The President shall notify the Congress in writing at least 30 days before—

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