Page:United States Statutes at Large Volume 86.djvu/76

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PUBLIC LAW 92-000—MMMM. DD, 1972

34

Nonapplicability. 75 Stat. 434; 81 Stat. 455. 22 USC 2301. 80 Stat. 460; 84 Stat. 1888.

Interparliamentary Union. 78 Stat. 1014; 81 Stat. 463.

North Atlantic Assembly.

70 Stat. 523.

83 Stat. 821. 22 USC 2 90f.

PUBLIC LAW 92-226-FEB. 7, 1972

[86 STAT.

the excess defense article is either delivered to a foreign coxuitry or international organization or the order therefor is cancelled, and (3) be transferred from the suspense account to (A) the general fund of the Treasury upon delivery of such article, or (B) to the military assistance appropriation for the current fiscal year upon cancellation of the order."; (2) by striking out, in subsection (b), "$100,000,000" and inserting in lieu thereof "$185,000,000"; and (3) by adding at the end thereof the following new subsection: "(e) Except for excess defense articles granted under part II of the Foreign Assistance Act of 1961, the provisions of this section shall not apply to any excess defense article granted to South Vietnam prior to July 1, 1972.". SEC. 403. Paragraph (9) of section 5314 of title 5, United States Code, relating to level III of the Executive Schedule, is amended by inserting before the period at the end thereof the following: "and an Under Secretary of State for Coordinating Security Assistance Programs". SEC. 404. The first section of the Act of June 28, 1935, entitled "An Act to authorize participation by the United States in the Interparliamentary Union" (22 U.S.C. 276), is amended as follows: (1) Strike out "$53,550" and insert in lieu thereof "$102,000". (2) Strike out "$26,650" and insert in lieu thereof "$57,000". (3) Strike out "$26,900" and insert in lieu thereof "$45,000". SEC. 405. Section 2 of the joint resolution entitled "Joint resolution to authorize participation by the United States in parliamentary conferences of the North Atlantic Treaty Organization", approved July 11, 1956 (22 U.S.C. 1928b), is amended as follows: (1) Strike out "$30,000" and insert in lieu thereof "$50,000". (2) Strike out "$15,000" each place it appears and insert in lieu thereof in each such place "$25,000". SEC. 406. Part IV of the Foreign Assistance Act of 1969 is amended as follows: (1) Strike out the title of such part and insert in lieu thereof the following: " P A R T IV — THE I N T E R - AMERICA N F O U N D A T I O N ACT".

Inter-American Foundation, lestablishment.

President, appointment and compensation.

80 Stat. 461; 83 Stat. 864.

(2) The caption of section 401 and subsection (a) of such section of that part are amended to read as follows: "INTER-AMERICAK FOUNDATION.—(a) There is created as an agency of the United States of America a body corporate to be known as the Inter-American Foundation (hereinafter in this section referred to as the 'Foundation')." (3) Section 401 of such part is amended by striking out "Institute" wherever it appears and inserting in lieu thereof "Foundation". (4) Section 401(e)(4) of such part is amended to read as follows: " (4) shall determine and prescribe the manner in which its obligations shall be incurred and its expenses, including expenses for representation (not to exceed $10,000 in any fiscal year), allowed and paid;". (5) Section 401(1) is amended to read as follows: "(1)(1) The chief executive officer of the Foundation shall be a President who shall be appointed by the Board of Directors on such terms as the Board may determine. The President shall receive compensation at the rate provided for level IV of the Executive Schedule under section 5315 of title 5, United States Code.