Page:United States Statutes at Large Volume 94 Part 3.djvu/569

 PUBLIC LAW 96-544—DEC. 17, 1980

94 STAT. 3213

Public Law 96-544 96th Congress Joint Resolution Making an appropriation for the International Monetary Fund for the fiscal year ending September 30, 1981.

Dec. 17, 1980 [H.J. Res. 601]

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the following sum is International Monetary Fund, appropriated, out of any money in the Treasury not otherwise appropriation. appropriated, for the fiscal year ending September 30, 1981, namely: FUNDS APPROPRIATED TO THE PRESIDENT INTERNATIONAL MONETARY PROGRAMS

United States Quota, International Monetary Fund For an increase in the United States quota in the International Monetary Fund, the dollar equivalent of 4,202.5 million Special Drawing Rights (approximately $5,537,839,000), to remain available until expended, and balances equivalent to the current SDR value of the United States quota in the Fund shall be merged with this appropriation. Amounts equivalent to the United States reserve position in the Fund shall be credited to this appropriation. Amounts available in this account may be transferred to the Fund by the Secretary of the Treasury to meet United States obligations in the Fund in an amount not to exceed at any time the United States quota in the Fund. The amounts provided for valuation adjustments of Fund holdings of United States dollars shall continue to be available for this purpose and shall be available for transfers to this appropriation account for the purpose of such adjustments. In the administration of these funds it shall be the policy of the United States: (1) that the Palestine Liberation Organization should not be given membership in the Fund or be given observer status or any other official status at any meeting sponsored by or associated with the Fund; (2) that the United States Executive Director of the Fund shall promptly notify the Fund of such policy; (3) that in the event that the Fund provides either membership, observer status, or any other official status to the Palestine Liberation Organization, such action would result in a serious diminution of United States support; and

22 USC 286e note.

Palestine Liberation Organization.

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