
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: 22USC6823]

 
               TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
 
 CHAPTER 76--ASSISTANCE TO COUNTRIES WITH LARGE POPULATIONS HAVING HIV/
                                  AIDS
 
                SUBCHAPTER II--WORLD BANK AIDS TRUST FUND
 
                    Part A--Establishment of the Fund
 
Sec. 6823. Administration


(a) Appointment of an Administrator

    The Board of Trustees, in consultation with the appropriate 
officials of the Bank, should appoint an Administrator who should be 
responsible for managing the day-to-day operations of the Trust Fund.

(b) Authority to solicit and accept contributions

    The Trust Fund should be authorized to solicit and accept 
contributions from governments, the private sector, and nongovernmental 
entities of all kinds.

(c) Accountability of funds and criteria for programs

    As part of the negotiations described in section 6821(a) of this 
title, the Secretary of the Treasury shall, consistent with subsection 
(d) of this section--
        (1) take such actions as are necessary to ensure that the Bank 
    or the Association will have in effect adequate procedures and 
    standards to account for and monitor the use of funds contributed to 
    the Trust Fund, including the cost of administering the Trust Fund; 
    and
        (2) seek agreement on the criteria that should be used to 
    determine the programs and activities that should be assisted by the 
    Trust Fund.

(d) Selection of projects and recipients

    The Board of Trustees should establish--
        (1) criteria for the selection of projects to receive support 
    from the Trust Fund;
        (2) standards and criteria regarding qualifications of 
    recipients of such support;
        (3) such rules and procedures as may be necessary for cost-
    effective management of the Trust Fund; and
        (4) such rules and procedures as may be necessary to ensure 
    transparency and accountability in the grant-making process.

(e) Transparency of operations

    The Board of Trustees should ensure full and prompt public 
disclosure of the proposed objectives, financial organization, and 
operations of the Trust Fund.

(Pub. L. 106-264, title I, Sec. 123, Aug. 19, 2000, 114 Stat. 756.)
