Page:United States Statutes at Large Volume 123.djvu/873

 123STA T .85 3 PUBLIC LA W 111 – 8 —M A R .11, 2 0 0 996–53 3 ),$ 3 2 ,5 0 0,000, toremain a v ai l a b le u ntil S e p tember 30, 20 1 0
 * Provide

d ,Th at f un ds made available to g rantees ma y be invested pending e x penditure for pro j e c t purposes w hen authori z ed by the B oard of D irectors of the F oundation: Provided fu r th er, That interest earned shall be used only for the purposes for which the grant was made: Provided further, That notwithstanding section 505 ( a)(2) of the A frican Development Foundation Act, in exceptional cir - cumstances the Board of Directors of the Foundation may waive the $250,000 limitation contained in that section with respect to a project and a project may exceed the limitation by up to $10,000 if the increase is due solely to foreign currency fluctuation: Provided further, That the Foundation shall provide a report to the C ommit- tees on Appropriations after each time such waiver authority is exercised . D EPARTM E N T OF T H E TREA SU R YI NTERNATIONA L AFFAIRS TE C HNICAL ASSISTANCE For necessary expenses to carry out the provisions of section 129 of the Foreign Assistance Act of 1961, $25,000,000, to remain available until September 30, 2011, which shall be available not- withstanding any other provision of law. D E B T RESTRUCTURIN G For the cost, as defined in section 502 of the Congressional Budget Act of 19 74, of modifying loans and loan guarantees, as the P resident may determine, for which funds have been appro- priated or otherwise made available for programs within the I nter- national Affairs Budget Function 150, including the cost of selling, reducing, or canceling amounts owed to the U nited States as a result of concessional loans made to eligible countries, pursuant to parts I V and V of the Foreign Assistance Act of 1961, of modifying concessional credit agreements with least developed countries, as authorized under section 411 of the Agricultural Trade Development and Assistance Act of 1954, as amended, of concessional loans, guarantees and credit agreements, as authorized under section 572 of the Foreign O perations, E xport Financing, and R elated Pro- grams Appropriations Act, 19 8 9 (Public L aw 100–461), and of can- celing amounts owed, as a result of loans or guarantees made pursuant to the Export-Import Ban k Act of 1945, by countries that are eligible for debt reduction pursuant to title V of H .R. 3425 as enacted into law by section 1000(a)(5) of Public Law 106– 113, $60,000,000, to remain available until September 30, 2011: Provided, That not less than $20,000,000 of the funds appropriated under this heading shall be made available to carry out the provi- sions of part V of the Foreign Assistance Act of 1961: Provided further, That amounts paid to the HIPC Trust Fund may be used only to fund debt reduction under the enhanced HIPC initiative by — (1) the Inter-American Development Bank (2) the African Development Fund; (3) the African Development Bank; and (4) the Central American Bank for Economic Integration: Provided further, That funds may not be paid to the HIPC Trust Fund for the benefit of any country if the Secretary of State has credible evidence that the government of such country is engaged Humanrights.Repo rts. W ai v er authorit y .