Page:United States Statutes at Large Volume 77.djvu/418

 386

68 Stat. 832. 22 USC 1751 "°68*Stat. 454. 7 USC 1691 note. '*^*

75 Stat. 444; '2^2*use^2370.

65 Stat. 645.

22 USC 16111611d.

PUBLIC LAW 88-205-DEC. 16, 1963

[77 STAT.

(2) Add the following new subsection (b): "(b) I n order to provide for the foreign currency needs of United States citizens for travel or other purposes, the Secretary of the Treasury may make available for sale for United States dollars to such citizens, at United States embassies or other convenient locations, foreign currencies acquired by the United States through operations under this Act, the Mutual Security Act of 1954, as amended, or any Qj^ repealed thereby, or the Agricultural Trade Development and Assistance Act of 1954, as amended, which (1) he determines to be in excess of the needs of departments and agencies of the United States for such currencies, and (2) are not prohmited from such use or committed to other uses by agreement heretofore entered into with another country. United States dollars received from the sale of foreign currencies under this subsection shall be deposited in the Treasury as miscellaneous receipts." (e) Section 620, which relates to prohibitions against furnishing assistance to Cuba and certain other countries, is amended as follows: (1) Subsection (a) is amended as follows: (A) Insert " (1) " immediately after " (a) ". (B) A t the end thereof add the following new paragraphs: "(2) Except as may be deemed necessary by the President in the interest of the United States, no assistance shall be furnished under this Act to any government of Cuba, nor shall Cuba be entitled to receive any quota authorizing the importation of Cuban sugar into the United States or to receive any other benefit under any law of the United States, until the President determines that such government lias taken appropriate steps according to international law standards to return to United States citizens, and to entities not less than 50 per centum beneficially owned by United States citizens, or to provide equitable compensation to such citizens and entities for property taken from such citizens and entities on or after January 1, 1959, by the Government of Cuba. "(3) No funds authorized to be made available under this Act (except under sectio^n 214) shall be used to furnish assistance to any country which has failed to take appropriate steps, not later than 60 days after the date of enactment of the Foreign Assistance Act of 1963— " (A) to prevent ships or aircraft under its registry from transporting to Cuba (other than to United States installations in Cuba)— "(i) any items of economic assistance, "(ii) any items which are, for the purposes of title I of the MutualDefeuse Assistance Control Act of 1951, as amended, arms, ammunition and implements of war, atomic energy materials, petroleum, transportation materials of strategic value, or items of primary strategic significance used in the production of arms, ammunition, and implements of war, or "(iii) any other equipment, materials, or commodities, so long as Cuba is governed by the Castro regime; and " (B) to prevent ships or aircraft under its registry from transporting any equipment, materials, or commodities from Cuba (other than from United States installations in Cuba) so long as Cuba is governed by the Castro regime." (2) Subsection (e) is amended to read as follows: "(e) The President shall suspend assistance to the government of any country to which assistance is provided under this or any other

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