United States Code Title 22 — Foreign Relations and Intercourse

§ 2431h. Conservation Fund

§ 2431h.

Conservation Fund

(a)

Establishment

Each beneficiary country that enters into a Conservation Agreement under section 2431g of this title shall be required to establish a Conservation Fund to receive payments of interest and principal on new obligations undertaken by the beneficiary country under this subchapter.

(b)

Requirements relating to operation of Fund

The following terms and conditions shall apply to the Fund in the same manner as such terms as 11  So in original. Probably should be “and”. So in original. Probably should be “and”. conditions apply to an Enterprise for the Americas Fund under section 2430f of this title:

(1)

The provision relating to deposits under subsection (b) of such section.

(2)

The provision relating to investments under subsection (c) of such section.

(3)

The provision relating to disbursements under subsection (d) of such section.