§ 4505. — Applications; payments to eligible institutions.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC4505]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 55--RESEARCH AND TRAINING FOR EASTERN EUROPE AND INDEPENDENT
STATES OF FORMER SOVIET UNION
Sec. 4505. Applications; payments to eligible institutions
(a) Any institution seeking funding under this chapter shall prepare
and submit an application to the Secretary of State once each fiscal
year. Each such application shall--
(1) provide a description of the purposes for which the payments
will be used in accordance with section 4504 of this title; and
(2) provide such fiscal control and such accounting procedures
as may be necessary (A) to ensure a proper accounting of Federal
funds paid under this chapter, and (B) to ensure the verification of
the costs of the continuing education and research programs
conducted under this chapter.
(b) Payments under this chapter may be made in installments, in
advance, or by way of reimbursement, with necessary adjustments on
account of overpayments and underpayments.
(Pub. L. 98-164, title VIII, Sec. 806, Nov. 22, 1983, 97 Stat. 1050.)
