§ 294a. — Contracts requiring payment in foreign currency.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC294a]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 8--FOREIGN SERVICE BUILDINGS
Sec. 294a. Contracts requiring payment in foreign currency
Whenever a contract is made for the construction, alteration, or
repair of a Foreign Service building which requires payments in a
foreign currency, the Secretary of State is authorized to purchase such
currency at such times and in such amounts (within the total amount of
the payments to be made under such contract) as he may deem necessary,
the currency so purchased to be disbursed and accounted for at its cost
price.
(May 14, 1940, ch. 189, title I, 54 Stat. 186.)
Codification
Section was not enacted as a part of the Foreign Service Buildings
Act, 1926, which comprises this chapter.
Prior Provisions
Prior similar provisions were contained in act June 29, 1939, ch.
248, title I, 53 Stat. 890.
