Page:United States Statutes at Large Volume 94 Part 3.djvu/487

 PUBLIC LAW 96-533—DEC. 16, 1980

94 STAT. 3131

Public Law 96-533 96th Congress An Act To authorize appropriations for the fiscal year 1981 for international security and development assistance, the Peace Corps, and refugee assistance, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SHORT TITLE

SECTION 1. This Act may be cited as the

Development Cooperation Act of 1980".

"International Security and

Dec. 16, 1980 [H.R. 6942]

International Security and Development Cooperation Act of 1980. 22 USC 2151 note.

TITLE I—MILITARY AND RELATED ASSISTANCE AND SALES PROGRAMS THIRD COUNTRY TRANSFERS

SEC. 101. (a)(1) Section 3(d) of the Arms Export Control Act is amended— (A) by redesignating existing paragraph (3) as paragraph (4); and (B) by inserting the following new paragraph (3) immediately after paragraph (2): "(3) The President may not give his consent to the transfer to a third country of a defense article or a defense service valued (in terms of its original acquisition costs) at $25,000,000 or more, or of major defense equipment valued (in terms of its original acquisition costs) at $7,000,000 or more, the export of which has been licensed or approved under section 38 of this Act, unless at least 30 calendar days before giving such consent the President submits to the Speaker of the House of Representatives and the Chairman of the Committee on Foreign Relations of the Senate a report containing the information specified in subparagraphs (A) through (E) of paragraph (1).". (2) Such section is further amended— (A) in the last sentence of paragraph (1) by striking out "subsection" and inserting in lieu thereof "paragraph"; and (B) in paragraph (2) by inserting "paragraph (1) o f immediately before "this subsection". (b) Paragraph (4) of section 3(d) of such Act, as so redesignated by subsection (a)(l)(A) of this section, is amended— (1) by striking out "or" at the end of subparagraph (B); (2) by striking out the period at the end of clause (ii) of subparagraph (C) and inserting in lieu thereof "; or"; and (3) by adding at the end thereof the following new subparagraph: "(D) to transfers to the North Atlantic Treaty Organization, any member country of such Organization, Japan, Australia, or New Zealand, of any major defense equipment valued (in terms of its original acquisition cost) at less than $7,000,000 or of any

22 USC 2753.

Report to Congress.

22 USC 2778.

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