PUBLIC LAW 103-236—APR. 30, 1994 108 STAT. 441 (3) Any grant agreement shall require that any lease agreements entered into by Radio Free Asia shall be, to the maximum extent possible, assignable to the United States Government. (4) Grants made for the operating costs of Radio Free Asia may not exceed $22,000,000 in any fiscal year. (5) The total amount of grant funds made available for one-time capital costs of Radio Free Asia may not exceed $8,000,000. (6) Grants awarded under this section shall be made pursuant to a grant agreement which requires that grant funds be used only for activities consistent with this section, and that failure to comply with such requirements shall permit the grant to be terminated without fiscal obligation to the United States. (e) LIMITATIONS ON ADMINISTRATIVE AND MANAGERIAL COSTS. — It is the sense of the Congress that administrative and managerial costs for operation of Radio Free Asia should be kept to a minimum and, to the maximum extent feasible, should not exceed the costs that would have been incurred if Radio Free Asia had been operated as a Federal entity rather than as a grantee. (f) ASSESSMENT OF THE EFFECTIVENESS OF RADIO FREE ASIA.— Reports. Not later than 3 years after the date on which initial funding is provided for the purpose of operating Radio Free Asia, the Board shall submit to the appropriate congressional committees a report on— (1) whether Radio Free Asia is technically sound and costeffective, (2) whether Radio Free Asia consistently meets the standards for quality and objectivity established by this title, (3) whether Radio Free Asia is received by a sufficient audience to warrant its continuation, (4) the extent to which such broadcasting is already being received by the target audience from other credible sources; and (5) the extent to which the interests of the United States are being served by maintaining broadcasting of Radio Free Asia. (g) SUNSET PROVISION.— The Board may not make any grant President. for the purpose of operating Radio Free Asia after September 30, 1998, unless the President of the United States determines in the President's fiscal year 1999 budget submission that continuation of funding for Radio Free Asia for 1 additional year is in the interest of the United States. (h) NOTIFICATION AND CONSULTATION REGARDING DISPLACE- MENT OF VOICE OF AMERICA BROADCASTING.—The Board shall notify the appropriate congressional committees before entering into any agreements for the utilization of Voice of America transmitters, equipment, or other resources that will significantly reduce the broadcasting activities of the Voice of America in Asia or any other region in order to accommodate the broadcasting activities of Radio Free Asia. The Chairman of the Board shall consult with such committees on the impact of any such reduction in Voice of America broadcasting activities. (i) NOT A FEDERAL AGENCY OR INSTRUMENTALITY. —Nothing in this title may be construed to make Radio Free Asia a Federal agency or instrumentality.
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