Page:United States Statutes at Large Volume 86.djvu/64

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PUBLIC LAW 92-226-FEB. 7, 1972

[86 STAT.

T E C H N I C A L COOPERATION A N D DEVELOPMENT GRANTS 75 Stat. 427; 83 Stat. 806

22 USC 2171. 83 Stat. 805. use 2172. 22 USC 2174.

SEC. 102. Title II of chapter 2 of part I of the Foreign Assistance Act of 1961, relating to technical cooperation and development grants, is amended as follows: (a) I n section 212, relating to authorization, strike out "$183,500,000 ^^^ ^-^^ gg^^j y^^^ ^^^^^ ^^^ $183,500,000 for the fiscal year 1971" and insert in lieu thereof "$175,000,000 for the fiscal year 1972, and $175,000,000 for the fiscal year 1973". (^b) jii section 214(c), relating to authorization for American schools and hospitals abroad, strike out "for the fiscal year 1970, $25,900,000, and for the fiscal year 1971, $12,900,000" and insert in lieu thereby "for the fiscal year 1972, $30,000,000 and for the fiscal year 1973, $30,000,000". (c) A t the end of such title II, add the following new section: "SEC. 220A. SUEZ CANAL.—The President is authorized to furnish financial assistance, on such terms and conditions as he may determine, for assisting in the reopening of the Suez Canal after agreement has been reached by the parties involved, which agreement provides for the use of the Canal by the ships of all nations, including Israel, on a nondiscriminatory basis. For the purpose of carrying out this section, there are authorized to be appropriated not to exceed $10,000,000 in Egyptian pounds now owned by the United States and determined by the President to be excess to the normal requirements of departments and agencies of the United States. Amounts appropriated under this section are authorized to remain available until expended.". HOUSING GUARANTIES

83 Stat. 807. 22 USC 2183.

SEC. 103. Title III of chapter 2 of part I of the Foreign Assistance \^QI of 1961, relating to housing guaranties, is amended as follows: (a) I n section 221, strike out "$130,000,000" and insert in lieu thereof "$205,000,000". (b) I n section 223(i), strike out "June 30, 1972" and insert in lieu thereof "June 30, 1974". OVERSEAS PRIVATE INVESTMENT CORPORATION

SEC. 104. Title IV of chapter 2 of part I of the Foreign Assistance 22 USC 2191. S^QI of 1961, relating to the Overseas Private Investment Corporation, is amended as follows: 22 USC 2198. (a) I n the first proviso of section 238(c), relating to definitions, strike out "required by law to be". 22 USC 2199. ^1^^ j ^ ^ ^j-^g gj^(j of section 239, relating to general provisions and powers, add the following new subsection: aii^^lomrni^ " (s) Except for the provisions of this title, no other provision of this or any other law shall be construed to prohibit the operation in Yugoslavia or Romania of the programs authorized by this title, if the President determines that the operation of such program in such country is important to the national interest.". 22 USC 2200. ((.) Section 240(h), relating to agricultural credit and self-help community development projects, is amended by striking out "June 30, 1972" and inserting in lieu thereof "June 30, 1973".

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