§ 5462. — SEED Information Center System.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 22USC5462]
TITLE 22--FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 63--SUPPORT FOR EAST EUROPEAN DEMOCRACY (SEED)
SUBCHAPTER V--ADDITIONAL SEED PROGRAM ACTIONS
Sec. 5462. SEED Information Center System
(a) Establishment
The President shall establish a SEED Information Center System,
using existing Executive branch agencies and acting in cooperation with
the Government of Poland and the Government of Hungary.
(b) Functions
(1) In general
The SEED Information Center System shall serve as a central
clearinghouse mechanism for information relating to--
(A) business needs and opportunities in Eastern Europe, and
(B) voluntary assistance to countries in Eastern Europe.
(2) Private enterprise development
The SEED Information Center System shall be organized, among
other purposes, to encourage--
(A) the submission of economically sound proposals to the
Polish-American Enterprise Fund and Hungarian-American
Enterprise Fund, and
(B) other sources of finance for the development of private
enterprise in Eastern Europe.
(c) Location
The SEED Information Center System shall be based jointly in
Washington, District of Columbia; Warsaw, Poland; and Budapest, Hungary;
and should it become appropriate, the capitals of other East European
countries.
(Pub. L. 101-179, title VI, Sec. 602, Nov. 28, 1989, 103 Stat. 1319.)
Delegation of Functions
Functions of President under this section delegated to Secretary of
Commerce by section 3 of Ex. Ord. No. 12703, Feb. 20, 1990, 55 F.R.
6351, set out as a note under section 5401 of this title.
