Page:United States Statutes at Large Volume 86.djvu/74

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PUBLIC LAW 92-226-FEB. 7, 1972

[86 STAT.

amount the United States Government paid at the time the commodity or article was acquired by the United States Government. "SEC.
 * -^: ^material be considered to have a value less than one-third of the

22 USC 2^s\°' note.

Nonappiica^'''*^"

75 Stat. 4 6 1. 22 USC 2403.

Ante, p. 30. ^^p^^'22 USC 2394. Effective date.



658. LIMITATION ON U S E OF F U N D S. — (a) Except as otherwise

provided in this section, none of the funds appropriated to carry out ^^^ provisions of this Act or the Foreign Military Sales Act shall be obligated or expended until the Comptroller General of the United States certifies to the Congress that all funds previously appropriated and thereafter impounded during the fiscal year 1971 for programs and activities administered by or under the direction of the Department of Agriculture, the Department of Housing and Urban Development, and the Department of Health, Education, and Welfare have been released for obligation and expenditure. a ^^^ rpj^^ provisions of this section shall not apply— "(1) to funds being withheld in accordance with specific requirements of law; and " (2) to appropriations obligated or expended prior to April 30, 1972.". (c)(1) Section 644(m) of such Act, relating to definitions, is amended by striking out— " (m) 'Value' means—" and inserting in lieu thereof— " (m) 'Valuc' mcaus, other than in section 657 of this Act—". (2) Subsection (a) of section 634 of such Act, relating to reports ^^^ information, is repealed. ^3^ rpj^^ provisions of this subsection and section 657 of such Act, as added by subsection (b) of this Act, shall apply with respect to each fiscal year commencing on or after July 1, 1971. P A E T IV—MISCELLANEOUS PROVISIONS

sa^iert^edT/i'*^"^^ ^^^' ^^^' '^^^ FoTelgu Military Sales Act is amended as follows: ceiung.'^^ ' ^' (a) I n section 31(a) of chapter 3, relating to authorization, strike 84 Stat. 2053. out "$250,000,000 foT each of the fiscal years 1970 and 1971" and insert 22 USC 2771. in lieu thereof "$400,000,000 for the fiscal year 1972". (b) I n section 31(b) of chapter 3, relating to aggregate ceiling on foreign military sales credits, strike out "$340,000,000 for each of the fiscal years 1970 and 1971" and insert in lieu thereof "$550,000,000 for the fiscal year 1972, of which amount not less than $300,000,000 shall be made available to Israel only". oo fl^l' ^^^^' (^) I ^ section 33(a) of chapter 3, relating to regional ceilings on 22 USC 2773. oo.,o^ o,-,, foreign military sales, strike out "$75,000,000" and insert in lieu thereof "$100,000,000". (d) Subsection (c) of section 33 of chapter 3, relating to regional ceilings on foreign military sales, is amended to read as follows: Presidential "(c) The limitations of this section may not be waived pursuant to waiver authority; written ^epTrt'to' any authority contained in this or any other Act unless the President Congress. fiuds that Overriding requirements of the national security of the United States justify such a waiver and promptly reports such finding to the Congress in writing, together with his reasons for such finding. In any case in which the limitations of this section are waived under the preceding sentence, the report required under such sentence shall set forth, in detail, the expenditures proposed to be made in excess of the geographical limitation applicable under this section. Notwithstanding the foregoing provisions of this subsection, in no event shall the aggregate of the total amount of military assistance pursuant to

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