Page:United States Statutes at Large Volume 115 Part 2.djvu/227

 PUBLIC LAW 107-107—DEC. 28, 2001 115 STAT. 1211 destroyers KIDD (DDG 993), CALLAGHAN (DDG 994), SCOTT (DDG 995), and CHANDLER (DDG 996). (2) TURKEY.— To the Government of Turkey, the OLIVER HAZARD PERRY class guided missile frigates ESTOCIN (FFG 15) and SAMUEL ELIOT MORISON (FFG 13). (c) GRANTS NOT COUNTED IN ANNUAL TOTAL OF TRANSFERRED EXCESS DEFENSE ARTICLES. — The value of a vessel transferred to another country on a grant basis under section 516 of the Foreign Assistance Act of 1961 (22 U.S.C. 232Ij) pursuant to authority provided by subsection (a) shall not be counted for the purposes of subsection (g) of that section in the aggregate value of excess defense articles transferred to countries under that section in any fiscal year. (d) COSTS OF TRANSFERS ON GRANT BASIS. —Any expense incurred by the United States in connection with a transfer authorized by this section shall be charged to the recipient (notwithstanding section 516(e)(1) of the Foreign Assistance Act of 1961 (22 U.S.C. 2321j(e)(l))) in the case of a transfer authorized to be made on a grant basis under subsection (a). (e) WAIVER AUTHORITY. —For a vessel transferred on a grant basis pursuant to authority provided by subsection (a)(2), the President may waive reimbursement of charges for the lease of that vessel under section 61(a) of the Arms Export Control Act (22 U.S.C. 2796(a)) for a period of one year before the date of the transfer of that vessel. (f) REPAIR AND REFURBISHMENT IN UNITED STATES SHIP- President. YARDS. — To the maximum extent practicable, the President shall require, as a condition of the transfer of a vessel under this section, that the country to which the vessel is transferred have such repair or refurbishment of the vessel as is needed, before the vessel joins the naval forces of that country, performed at a shipyard located in the United States, including a United States Navy shipyard. (g) EXPIRATION OF AUTHORITY. — The authority to transfer a vessel under this section shall expire at the end of the two-year period beginning on the date of the enactment of this Act. SEC. 1012. SALE OF GLOMAR EXPLORER TO THE LESSEE. (a) AUTHORITY. — The Secretary of the Navy may convey by sale all right, title, and interest of the United States in and to the vessel GLOMAR EXPLORER (AG 193) to the person who, on the date of the enactment of this Act, is the lessee of the vessel. (b) CONSIDERATION. —The price for which the vessel is sold under subsection (a) shall be a fair and reasonable amount determined by the Secretary of the Navy. (c) ADDITIONAL TERMS. —The Secretary may require such additional terms in connection with the conveyance authorized by this section as the Secretary considers appropriate. (d) PROCEEDS OF SALE. —Amounts received by the Secretary from the sale under this section may, to the extent provided in an appropriations Act, be credited to the appropriation available for providing salvage facilities under section 7361 of title 10, United States Code, and are authorized to remain available until expended for that purpose.

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