Page:United States Statutes at Large Volume 104 Part 3.djvu/685

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PUBLIC LAW 101-513—NOV. 5, 1990 104 STAT. 2037 (2) CONFORMING AMENDMENT.— Section 15(c)(2) of such Act (12 U.S.C. 635i-3(c)(2)) is amended by striking "1991" and inserting " 1992". (e) INTERNATIONAL FINANCE CORPORATION PROVISIONS. — (1) EXEMPTION FROM SECURITIES LAWS FOR CERTAIN SECURI- TIES ISSUED BY THE INTERNATIONAL FINANCE CORPORATION. — (A) EXEMPTION PROM SECURITIES LAWS; REPORTS RE- QUIRED.— The International Finance Corporation Act (22 U.S.C. 282 et seq.) is amended by adding at the end the following: "SEC. 13. SECURITIES ISSUED BY THE CORPORATION. 22 USC 282k. "(a) EXEMPTION FROM SECURITIES LAWS; REPORTS TO SECURITIES AND EXCHANGE COMMISSION. —Any securities issued by the Corporation (including any guaranty by the Corporation, whether or not limited in scope) and any securities guaranteed by the Corporation as to both principal and interest shall be deemed to be exempted securities within the meaning of section 3(a)(2) of the Securities Act of 1933 and section 3(a)(12) of the Securities Excheuige Act of 1934. The Corporation shall file with the Securities and Exchange Commission such annual and other reports with regard to such securities as the Commission shall determine to be appropriate in view of the special character of the Corporation and its operations and necessary in the public interest or for the protection of investors. " (b) AUTHORITY OF SECURITIES AND EXCHANGE COMMISSION TO SUSPEND EXEMPTION: REPORTS TO THE CONGRESS.— The Securities and Exchange Commission, acting in consultation with the National Advisory (Douncil on International Monetary and Financial Problems, is authorized to suspend the provisions of subsection (a) at any time as to any or all securities issued or guaranteed by the Corporation during the period of such suspension. The Commission shall include in its annual reports to the Congress such information as it shall deem advisable with regard to the operations and effect of this section.". (B) EXEMPTION FROM LIMITATIONS AND RESTRICTIONS ON POWER OP NATIONAL BANKING ASSOCIATIONS TO DEAL IN AND UNDERWRITE INVESTMENT SECURITIES OF THE INTERNATIONAL FINANCE CORPORATION. —The 7th sentence of paragraph 7 of section 5136 of the Revised Statutes of the United States (12 U.S.C. 24) is amended by striking "the African Development Bank or the Inter-American Investment Corporation,", and inserting "the African Development Bank, the Inter-American Investment Corporation, or the International Finance Corporation,". ASSISTANCE FOR CAMBODIAN DEMOCRACY SEC. 562A. (a) ASSISTANCE. —(1) Not to exceed $20,000,000 of the funds appropriated by this Act under the headings "Economic Support Fund" and "development assistance" may be made available for humanitarian and development assistance for Cambodians, including the Cambodian non-Communist resistance, along the Thai-Cambodian border and throughout Cambodia, notwithstanding any other provision of law (other than sections 531(e) and 634A of the Foreign Assistance Act of 1961, section 523 of this Act, and the provisions of this section).