22 U.S.C. § 294a

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 294a - Contracts requiring payment in foreign currency

Whenever a contract is made for the construction, alteration, or repair of a Foreign Service building which requires payments in a foreign currency, the Secretary of State is authorized to purchase such currency at such times and in such amounts (within the total amount of the payments to be made under such contract) as he may deem necessary, the currency so purchased to be disbursed and accounted for at its cost price.

22 U.S.C. § 294a

May 14, 1940, ch. 189, title I, 54 Stat. 186.

EDITORIAL NOTES

CODIFICATIONSection was not enacted as a part of the Foreign Service Buildings Act, 1926, which comprises this chapter.

PRIOR PROVISIONSPrior similar provisions were contained in act June 29, 1939, ch. 248, title I, 53 Stat. 890.