Page:United States Statutes at Large Volume 97.djvu/1317

 PUBLIC LAW 98-181—NOV. 30, 1983 97 STAT. 1285 "(A) which were proposed by the Governors at a special meeting in February 1983; "(B) which are pending before the Board of Governors of the Bank; and "(C) which provide for— "(i) an increase in the authorized capital stock of the Bank and subscriptions thereto; and "(ii) an increase in the resources of the Fund for Special Operations and contributions thereto. "(2)(A) Upon adoption of the resolutions specified in paragraph (1), the United States Governor of the Bank is authorized on behalf of the United States to— "(i) subscribe to 427,396 shares of the increase in the author- ized capital stock of the Bank; and "(ii) contribute $350,000,000 to the Fund for Special Operations. "(B) Any commitment to make such subscriptions to paid-in and callable capital stock and to make such contributions to the Fund for Special Operations shall be effective only to such extent or in such amounts as are provided in advance in appropriation Acts. "(b) In order to pay for the increase in the United States subscrip- tion and contribution provided for in this section, there are author- ized to be appropriated, without fiscal year limitation, for payment by the Secretary of the Treasury— "(1) $5,155,862,744 for the United States subscriptions to the capital stock of the Bank; and "(2) $350,000,000 for the United States share of the increase in the resources of the Fund for Special Operations.". U.S. subscription and contribution. Appropriation authorization. ASIAN DEVELOPMENT BANK SEC. 1002. The Asian Development Bank Act (22 U.S.C. 285 et seq.) is amended by adding at the end thereof the following: "SEC. 27. (a)(1) The United States Governor of the Bank is author- ized to subscribe on behalf of the United States to one hundred twenty-three thousand three hundred and seventy-five additional shares of the capital stock of the Bank. "(2) Any subscription to the capital stock of the Bank shall be effective only to such extent or in such amounts as are provided in advance in appropriation Acts. "(b) In order to pay for the increase in the United States subscrip- tion to the Bank provided for in subsection (a), there are authorized to be appropriated, without fiscal year limitation, $1,322,999,476 for payment by the Secretary of the Treasury. (c)(1) The Congress hereby finds that— "(A) the Republic of China (Taiwan) is a charter member in good standing of the Asian Development Bank; "(B) the Republic of China has grown from a borrower to a lender in the Asian Development Bank; and "(C) the Republic of China provides, through its economic success, a model for other nations in Asia. "(2) It is the sense of the Congress that— "(A) Taiwan, Republic of China, should remain a full member of the Asian Development Bank, and that its status within that body should remain unaltered no matter how the issue of the People's Republic of China's application for membership is disposed of; 22 USC 285x. Appropriation authorization.

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