Page:United States Statutes at Large Volume 94 Part 1.djvu/1068

 94 STAT. 1018

10 USC 2325.

10 USC 2326.

10 USC 2327. Liabilities.

Credits.

10 USC 2328.

10 USC 2329. Copies, transmittal to Congress.

10 USC 2330. Submittal to Congress.

PUBLIC LAW 96-323—AUG. 4, 1980

pricing principles of paragraph (1), the Secretary of Defense may, on a reciprocal basis, agree to waive such costs. "(4) The pricing principles set forth in paragraph (2) and the waiver authority provided in paragr^h (3) shall also apply to a^eements with North Atlantic Treaty Organization subsidiary bodies under this chapter. ''Credits and liabilities of the United States accrued as a result of acquisitions and transfers of logistic support, supplies, and services under the authority of this chapter shall oe liquidated not less often than once every three months by direct payment to the entity supplying such support, supplies, or services by the entity receiving such support, supplies, or services. "§2326. Crediting of receipts "Any receipt of the United States as a result of an agreement entered into under this chapter shall be credited to applicable appropriations, accounts, and funds of the Department of Defense. "§2327. Limitation on amounts that may be obligated or accrued by the United States "(a) Except during a period of active hostilities involving the North Atlantic Treaty Organization, the total amount of reimbursable liabilities that the United States may accrue under this chapter (before the computation of ofTsetting balances) may not exceed $100,000,000 in any fiscal year, and of such amount not more than $25,000,000 in liabilities may be accrued for the acquisition of supplies (other than petroleum, oils, and lubricants). (b) Except during a period of active hostilities involving the North Atlantic Treaty Oi^anization, the total amount of reimbursable credits that the United States may accrue under this chapter Oi^efore the computation of ofTsetting balances) may not exceed $100,000,000 in any fiscal year. "§2328. Inventories of supplies not to be increased "Inventories of supplies for elements of the armed forces may not be increased for the purpose of transferring supplies under the authority of this Act to military forces of any North Atlantic Treaty Organization country or any North Atlantic Treaty Organization subsidiary body. "§2329. Regulations "The Secretary of Defense shall prescribe regulations to implement this chapter and shall, not later than sixty days before the effective date of such regulations, transmit copies of such regulations to the Congress. No agreement to make an acquisition or transfer under the authority provided by this chapter may be entered into until such regulations take effect. "§2330. Annual reports "The Secretary of Defense shall submit to the Congress not later than February 1 of each year a report containing— "(1) a description of each agreement entered into under the authority of this chapter that was in effect during the fiscal year preceding the fiscal year in which such report is submitted; "(2) a report of the dollar value of each reimbursable acquisition or transfer of logistic support, supplies, or services by the
 * '§2325. Liquidation of accrued credits and liabilities

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