22 U.S.C. § 294a — Contracts requiring payment in foreign currency

FEDERAL · 22 U.S.C. · Chapter 8

Contracts requiring payment in foreign currency

Current through Pub. L. 119-102

Title 22 — Foreign Relations and Intercourse·Ch. 8 — FOREIGN SERVICE BUILDINGS

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.

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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 (Contracts requiring payment in foreign currency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Source Credit

History

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

Editorial Notes

Editorial Notes

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

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