7 USC 1704c: Payments by Secretary of Defense in liquidation of amount due for foreign currencies
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7 USC 1704c: Payments by Secretary of Defense in liquidation of amount due for foreign currencies Text contains those laws in effect on January 23, 2000
From Title 7-AGRICULTURECHAPTER 41-AGRICULTURAL TRADE DEVELOPMENT AND ASSISTANCESUBCHAPTER II-TRADE AND DEVELOPMENT ASSISTANCE

§1704c. Payments by Secretary of Defense in liquidation of amount due for foreign currencies

The Secretary of Defense shall pay to the Commodity Credit Corporation an amount not to exceed $6,000,000 per year until the amount due for foreign currencies used for housing constructed or acquired under title II of the Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1721–1726) has been liquidated.

( Pub. L. 97–214, §9(a), July 12, 1982, 96 Stat. 174 .)

References in Text

The Agricultural Trade Development and Assistance Act of 1954 (7 U.S.C. 1721–1726), referred to in text, is act July 10, 1954, ch. 469, 68 Stat. 457 , as amended. Title II of the Agricultural Trade Development and Assistance Act is classified generally to subchapter III (§1721 et seq.) of chapter 41 of this title. For complete classification of this Act to the Code, see Short Title note set out under section 1691 of this title and Tables.

Codification

Section consists of section 9(a) of Pub. L. 97–214. Section 9(b) of Pub. L. 97–214 is classified as a note set out under section 1594k of Title 42, The Public Health and Welfare. Section was enacted as part of the Military Construction Codification Act, and not as part of the Agricultural Trade and Assistance Act of 1954 which comprises this chapter.

Effective Date

Section effective Oct. 1, 1982, and applicable to military construction projects, and to construction and acquisition of military family housing before, on or after such date, see section 12(a) of Pub. L. 97–214, set out as a note under section 2801 of Title 10, Armed Forces.