Page:United States Statutes at Large Volume 79.djvu/1048

 1008

PUBLIC UW 89-273-OCT. 20, 1965

[79 STAT.

TITLE III—EXPORT-IMPOKT BANK OF WASHINGTON

61 Stat. 584. 31 USC 849.

The Export-Import Bank of Washington is hereby authorized to make such expenditures within the limits of funds and borrowing authority available to such corporation, and in accord with law, and to make such contracts and commitments without regard to fiscal year limitations as provided by section 104 of the Government Corporation Control Act, as amended, as may be necessary in carrying out the program set forth in the budget for the current fiscal year for such corporation, except as hereinafter provided. LIMITATION ON OPERATING EXPENSES

Not to exceed $1,186,120,000 (of which not to exceed $900,000,000 shall be for long term project and equipment loans) shall be authorized during the current fiscal year for other than administrative expenses. LlMFPATION ON ADMINISTRATIVE EXPENSES

60 Stat. 810.

Extension of credit to Com;munist countries, restriction. 76 Stat. 261; 78 Stat. 1013. 22 USC 2370.

Report to Congress.

Not to exceed $4,052,000 (to be computed on an accrual basis) shall l^e available during the current fiscal year for administrative expenses, including services as authorized by section 15 of the Act of August 2, 1946 (5 U.S.C. 55a), and not to exceed $9,000 for entertainment allowances for members of the Board of Directors: Provided, That (1) fees or dues to international organizations of credit institutions engaged m financing foreign trade, (2) necessary expenses (including special services performed on a contract or fee basis, but not including other personal services) in connection with the acquisition, operation, maintenance, improvement, or disposition of any real or personal property belonging to the Bank or in which it has an interest, including expenses of cmlections of pledged collateral, or the investigation or appraisal of any property m respect to which an application for a loan has been made, and (3) expenses (other than internal expenses of the Bank) incurred in connection with the issuance and servicing of guarantees, insurance, and reinsurance, shall be considered as nonadministrative expenses for the purposes hereof. None of the funds made available because of the provisions of this title shall be used by the Export-Import Bank to either guarantee the payment of any obligation hereafter incurred by any Communist country (as defined in section 620(f) of the Foreign Assistance Act of 1961, as amended) or any agency or national thereof, or in any other way to participate in the extension of credit to any such country, agency, or national, in connection with the purchase of any product by such country, agency, or national, except when the President determines that such guarantees would be in the national interest and reports each such determination to the House of Representatives and the Senate within 30 days after such determination. TITLE IV—GENERAL PROVISIONS

Publicity or propaganda. Inspector General, Foreign Assistance. Expenses.

SEC. 401. No part of any appropriation contained in this Act shall be used for publicity or propaganda purposes within the United States not heretofore authorized by the Congress. SEC. 402. None of the funds herein appropriated shall be used for expenses of the Inspector General, Foreign Assistance, after the expiration of the thirty-five day period which begins on the date the General Accounting Office or any committee of the Congress, or any duly authorized subcommittee thereof, charged with considering foreign assistance legislation, appropriations, or expenditures, has delivered to the Office of the Inspector General. Foreign Assistance,

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