
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 22USC2285]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
                     CHAPTER 32--FOREIGN ASSISTANCE
 
                 SUBCHAPTER I--INTERNATIONAL DEVELOPMENT
 
                   Part VII--Debt-for-Nature Exchanges
 
Sec. 2285. Terms and conditions


(a) Fulfillment upon final approval by Administrator

    The terms and conditions for making grants under this part shall be 
deemed to be fulfilled upon final approval by the Administrator of the 
Agency for International Development of the debt-for-nature exchange, a 
certification by the nongovernmental organization that the host 
government has accepted the terms of the exchange, and that an agreement 
has been reached to cancel the commercial debt in an agreed upon 
fashion.

(b) Grants intended to complement assistance otherwise available

    Grants made under this section are intended to complement, and not 
substitute for, assistance otherwise available to a foreign country 
under this chapter or any other provision of law.

(c) Prohibition against acceptance of title or interest in land as 
        condition on debt exchange

    The United States Government is prohibited from accepting title or 
interest in any land in a foreign country as a condition on the debt 
exchange.

(Pub. L. 87-195, pt. I, Sec. 465 [475], as added Pub. L. 101-240, title 
VII, Sec. 711, Dec. 19, 1989, 103 Stat. 2522.)

                       References in Text

    This chapter, referred to in subsec. (b), was in the original ``this 
Act'', meaning Pub. L. 87-195, Sept. 4, 1961, 75 Stat. 424, as amended, 
known as the Foreign Assistance Act of 1961. For complete classification 
of this Act to the Code, see Short Title note set out under section 2151 
of this title and Tables.

                          Codification

    Another section 465 of Pub. L. 87-195 is classified to section 2275 
of this title.
