22 U.S.C. § 294a

§294a. Contracts requiring payment in foreign currency

Edition 2024

U.S.C. Title 22 - FOREIGN RELATIONS AND INTERCOURSE
22 U.S.C.

United States Code, 2024 Edition

Title 22 - FOREIGN RELATIONS AND INTERCOURSE

CHAPTER 8 - FOREIGN SERVICE BUILDINGS

Sec. 294a - Contracts requiring payment in foreign currency

From the U.S. Government Publishing Office, www.gpo.gov

§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.)

Editorial Notes

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.

Official source