22 USC 294a: Contracts requiring payment in foreign currency
Text contains those laws in effect on December 24, 2024
From Title 22-FOREIGN RELATIONS AND INTERCOURSECHAPTER 8-FOREIGN SERVICE BUILDINGS
§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,
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,