Page:United States Statutes at Large Volume 86.djvu/537

 86 STAT. ]

PUBLIC LAW 92-352-JULY 13, 1972

495

KEPORT TO CONGRESS

SEC. 802. (a) The Tiiited States Arms Control and Disarmament Agency, with the cooperation and assistance of other relevant Government agencies including the Department of State and the Department of Defense, shall prepare and submit to the Congress a comprehensive report on the international transfer of conventional arms based upon existing and new work in this area. The report shall include (but not be limited to) the following subjects: (1) the quantity and nature of the international transfer of conventional arms, including the identiification of the major supplying and recipient countries; (2) the policies of the major exporters of conventional arms toward transfer, including the terms on which conventional arms are made available for transfer, whether by credit, grant, or cashand-carry basis; (3) the effects of conventional arms transfer on international stability and regional balances of power; (4) the impact of conventional arms transfer on the economies of supplying and recipient countries; (5) the history of any negotiations on conventional arms transfer, including past policies adopted by the United States and other suppliers of conventional arms; (6) the major obstacles to negotiations on conventional arms transfer; (7) the possibilities for limiting conventional arms transfer, including potentialities for international agreements, step-by-step approaches on particular weapons systems, and regional arms limitations; and (8) recommendations for future United States policy on conventional arms transfer. (b) The report required by subsection (a) shall be submittM to the Congress not later than one year after the date of the enactment of this Act, and an interim report shall be submitted to the Congress not later than six months after such date. TITLE IV—PEACE CORPS AUTHORIZATION OF APPROPRIATIONS

SEC. 401. The first phrase of section 3(b) of the Peace Corps Act (22 U.S.C. 2502(b)), ending with a colon, is amended to read as follows: "There are authorized to be appropriated to the President for the fiscal ^ear 1973 not to exceed $88,027,000 to carry out the purpoges of this Act:".

75stat. 612;

VOLUNTARY SERVICE PROCxRAMS

SEC. 402. Paragraph (2) of subsection (b) of section 301 of the Peace Corps Act (22 U.S.C. 2501a), which relates to encouragement of voluntary service programs, is amended by striking out "$300,000" and inserting in lieu thereof "$350,000", by striking out "1971", and by inserting before the word "fiscal" the word "any". N A T I O N A L ADVISORY

^4 Stat. 465.

COUNCIL

SEC. 403. Section 12 of the Peace Corps Act (22 U.S.C. 2511) is Repeal, effecrepealed, and the Peace Corps National Advisory Council is abolished, ^'75 s^ll! 619. effective ninety days after the date of enactment of this Act.

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