Page:United States Statutes at Large Volume 97.djvu/1083

 PUBLIC LAW 98-164—NOV. 22, 1983 97 STAT. 1051 TERMINATION SEC. 810. The provisions of this title shall cease to be effective at the end of the ten-year period beginning on the date of enactment of this title. 22 USC 4509. TITLE IX—UNITED STATES-INDIA FUND FOR CULTURAL, EDUCATIONAL, AND SCIENTIFIC COOPERATION SHORT TITLE SEC. 901. This title may be cited as the "United States-India Fund for Cultural, Educational, and Scientific Cooperation Act". United States- India Fund for Cultural, Educational, and Scientific Cooperation Act. 22 USC 290j note. ESTABLISHMENT OF THE FUND SEC. 902. (a) The President is authorized to enter into an agree- ment with the Government of India for the establishment of a fund (hereafter in this title referred to as the "Fund") which would provide grants and other assistance for cultural, educational, and scientific programs of mutual interest. Such programs may include exchanges of persons, exchanges of information, and other programs of study, research, and scholarly cooperation. The agreement may also provide for the establishment of an endowment, a foundation, or other means to carry out the purposes of the agreement. (b) The United States representatives on any board or other entity created in accordance with the agreement to administer the Fund shall be designated by the President predominately from among representatives of United States Government agencies, including those administering programs which may be supported in whole or in part by the Fund. (c) United States Government agencies carrying out programs of the types specified in subsection (a) may receive amounts directly from the Fund for usc in carrying out those programs. 22 USC 290j. USE OF UNITED STATES OWNED RUPEES TO CAPITAUZE THE FUND SEC. 903. Subject to applicable requirements concerning reim- bursement to the Treasury for United States owned foreign curren- cies, the President may make available to the Fund, for usc in carrying out the agreement authorized by section 902, up to the equivalent of $200,000,000 in foreign currencies owned by the United States in India or owed to the United States by the Government of India. Such usc may include investment in order to generate inter- est which would be retained in the Fund and used to support programs pursuant to that agreement. TITLE X—MISCELLANEOUS PROVISIONS INTER-AMERICAN FOUNDATION SEC. 1001. Section 401(s)(2) of the Foreign Assistance Act of 1969 (22 U.S.C. 290f(s)(2)) is amended in the first sentence by striking out "$12,000,000 for the fiscal year 1982 and $12,800,000 for the fiscal year 1983" and inserting in lieu thereof "$16,000,000 for the fiscal year 1984 and $16,000,000 for the fiscal year 1985". 22 USC 290J-1. Investments. Department of State Authorization Act, Fiscal Years 1984 and 1985.

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