Use of local currency payment

Agreements under this subchapter may provide that the Secretary shall use payments made in local currencies by the developing country or private entity in accordance with this section.

( July 10, 1954, ch. 469 , title I, § 104, 68 Stat. 456 ; Aug. 26, 1954, ch. 937 , title V, § 544(h), (i), as added July 18, 1956, ch. 627, § 11(a) , 70 Stat. 564 , 565; amended Aug. 3, 1956, ch. 933, § 2 , 70 Stat. 988 ; Pub. L. 85–128, § 1(4) , Aug. 13, 1957 , 71 Stat. 345 ; Aug. 26, 1954, ch. 937 , title V, § 544(c), as added Pub. L. 85–141, § 11(b)(2) , Aug. 14, 1957 , 71 Stat. 365 ; Pub. L. 85–477 , ch. V, § 502( l ), June 30, 1958 , 72 Stat. 275 ; Pub. L. 85–931, § 3 , Sept. 6, 1958 , 72 Stat. 1790 ; Pub. L. 86–108 , ch. VII, § 701(d), July 24, 1959 , 73 Stat. 258 ; Pub. L. 86–341, title I , §§ 4–9, Sept. 21, 1959 , 73 Stat. 606 , 607; Pub. L. 87–128, title II, § 201(3) , Aug. 8, 1961 , 75 Stat. 306 ; Pub. L. 87–195 , pt. III, § 612(b), pt. IV, § 704, Sept. 4, 1961 , 75 Stat. 443 , 463; Pub. L. 87–839, § 2 , Oct. 18, 1962 , 76 Stat. 1074 ; Pub. L. 88–205 , pt. III, § 301(d)(2), Dec. 16, 1963 , 77 Stat. 386 ; Pub. L. 88–638 , §§ 1(6)–(10), 2, Oct. 8, 1964 , 78 Stat. 1035–1038 ; Pub. L. 89–106, § 5 , Aug. 4, 1965 , 79 Stat. 432 ; Pub. L. 89–808, § 2(B) , Nov. 11, 1966 , 80 Stat. 1528 ; Pub. L. 90–436 , §§ 2(a), 3, 6, July 29, 1968 , 82 Stat. 450 , 451; Pub. L. 91–524, title VII, § 702 , Nov. 30, 1970 , 84 Stat. 1379 ; Pub. L. 94–161, title II, § 204 , Dec. 20, 1975 , 89 Stat. 852 ; Pub. L. 96–53, title I, § 121 , Aug. 14, 1979 , 93 Stat. 366 ; Pub. L. 97–113, title IV , §§ 401(5), 402, Dec. 29, 1981 , 95 Stat. 1537 ; Pub. L. 100–418, title IV, § 4401 , Aug. 23, 1988 , 102 Stat. 1400 ; Pub. L. 101–624, title XV, § 1512 , Nov. 28, 1990 , 104 Stat. 3635 ; Pub. L. 104–127, title II, § 205 , Apr. 4, 1996 , 110 Stat. 953 ; Pub. L. 109–121, § 5(b) , Dec. 1, 2005 , 119 Stat. 2537 ; Pub. L. 110–246, title III, § 3006 , June 18, 2008 , 122 Stat. 1822 .)