§ 286k-2. — Suspension of right of International Bank to issue securities under section 286k1; report of Securities and Exchange Commission.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC286k-2]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 7--INTERNATIONAL BUREAUS, CONGRESSES, ETC.
SUBCHAPTER XV--INTERNATIONAL MONETARY FUND AND BANK FOR RECONSTRUCTION
AND DEVELOPMENT
Sec. 286k-2. Suspension of right of International Bank to issue
securities under section 286k-1; report of Securities and
Exchange Commission
The Securities and Exchange Commission acting in consultation with
the National Advisory Council on International Monetary and Financial
Problems is authorized to suspend the provisions of section 286k-1 (a)
of this title at any time as to any or all securities issued or
guaranteed by the bank during the period of such suspension. The
Commission shall include in its annual reports to Congress such
information as it shall deem advisable with regard to the operations and
effect of this section, and section 286k-1 of this title and section 24
of title 12 and in connection therewith shall include any views
submitted for such purpose by any association of dealers registered with
the Commission.
(June 29, 1949, ch. 276, Sec. 3, 63 Stat. 299.)
Codification
Section was not enacted as part of act July 31, 1945, ch. 339, 59
Stat. 512, known as the Bretton Woods Agreements Act, which comprises
this subchapter.
Delegation of Functions
Functions of National Advisory Council on International Monetary and
Financial Problems delegated to National Advisory Council on
International Monetary and Financial Policies, see section 2(a) of Ex.
Ord. No. 11269, Feb. 14, 1966, 31 F.R. 2813, set out as a note under
section 286b of this title.
