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22 U.S.C. § 2431h — Conservation Fund
Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** Each beneficiary country that enters into a Conservation Agreement under [section 2431g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431g&num=0&edition=prelim) 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”. conditions apply to an Enterprise for the Americas Fund under [section 2430f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430f&num=0&edition=prelim):
(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.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2431h
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Stable record: federal_law:legal_authorities:record_usc_3074c345756e659b2650dd8e
Source file: Laws/federal/codes/united-states-code/title-22/section-2431h-conservation-fund--f1e4f5ff3d.md
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Passage SHA-256: 1737e29390b07fe00f5ceb4d7734991d1a05b6f5a374f3391ee5502bb75d1856
Source location: Title 22, Chapter 32, § 2431h; chapter-032-foreign-assistance.md
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**(a) Establishment** Each beneficiary country that enters into a Conservation Agreement under [section 2431g of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431g&num=0&edition=prelim) 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”. conditions apply to an Enterprise for the Americas Fund under [section 2430f of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430f&num=0&edition=prelim):
(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.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Establishment** Each beneficiary country that enters into an Americas Framework Agreement shall be required to establish an Enterprise for the Americas Fund to receive payments in local currency pursuant to [section 2430e(b)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430e/b/1&num=0&edition=prelim).
**(b) Deposits** Local currencies deposited in an Americas Fund shall not be considered assistance for purposes of any provision of law limiting assistance to a country.
**(c) Investment** Deposits made in an Americas Fund shall be invested until disbursed. Any return on such investment may be retained by the Americas Fund, without deposit in the Treasury of the United States and without further appropriation by the Congress.
**(d) Disbursements** Funds in an Americas Fund shall be disbursed only pursuant to an Americas Framework Agreement.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2430f
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authority** The Secretary of State is authorized, in consultation with other appropriate officials of the Federal Government, to enter into a Conservation Agreement with any eligible country concerning the operation and use of the Fund for that country.
**(b) Contents of Agreement** The requirements contained in [section 2430g(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430g/b&num=0&edition=prelim) (relating to contents of an agreement) shall apply to an Agreement in the same manner as such requirements apply to an Americas Framework Agreement.
**(c) Administering body**
(1) **In general** — Amounts disbursed from the Fund in each beneficiary country shall be administered by a body constituted under the laws of that country.
(2) **Composition**
(A) *In general* — The administering body shall consist of—
(i) one or more individuals appointed by the United States Government to serve in an official capacity;
(ii) one or more individuals appointed by the government of the beneficiary country; and
(iii) individuals who represent a broad range of—
(I) environmental nongovernmental organizations of, or active in, the beneficiary country;
(II) local community development nongovernmental organizations of the beneficiary country; and
(III) scientific, academic, or forestry organizations of the beneficiary country.
(B) *Additional requirement* — A majority of the members of the administering body shall be individuals described in subparagraph (A)(iii).
(3) **Responsibilities** — The requirements contained in [section 2430g(c)(3) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2430g/c/3&num=0&edition=prelim) (relating to responsibilities
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2431g
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Federal law — U.S. Code and appendices · legal_authorities
As used in this subchapter:
(1) **Administering body** — The term “administering body” means the entity provided for in [section 2431g(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431g/c&num=0&edition=prelim).
(2) **Appropriate congressional committees** — The term “appropriate congressional committees” means—
(A) the Committee on International Relations and the Committee on Appropriations of the House of Representatives; and
(B) the Committee on Foreign Relations and the Committee on Appropriations of the Senate.
(3) **Beneficiary country** — The term “beneficiary country” means an eligible country with respect to which the authority of [section 2431d(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431d/a/1&num=0&edition=prelim), [section 2431e(a)(1) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431e/a/1&num=0&edition=prelim), or paragraph (1) or (2) of [section 2431f(a) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431f/a&num=0&edition=prelim) is exercised.
(4) **Board** — The term “Board” means the board referred to in [section 2431i of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2431i&num=0&edition=prelim).
(5) **Developing country with a tropical forest or coral reef** — The term “developing country with a tropical forest or coral reef” means—
(A)
(i) a country that has a per capita income of $725 or less in 1994 United States dollars (commonly referred to as “low-income country”), as determined and adjusted on an annual basis by the International Bank for Reconstruction and Development in its World Development Rep
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 2431a
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Federal law — U.S. Code and appendices · legal_authorities
Page 957
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 2431h
(II) local community development non-
governmental organizations of the bene-
ficiary country; and
(III) scientific, academic, or forestry
organizations of the beneficiary country.
(B) Additional requirement
A majority of the members of the admin-
istering body shall be individuals described
in subparagraph (A)(iii).
(3) Responsibilities
The
requirements
contained
in
section
2430g(c)(3) of this title (relating to responsibil-
ities of the administering body) shall apply to
an administering body described in paragraph
(1) in the same manner as such requirements
apply to an administering body described in
section 2430g(c)(1) of this title.
(d) Eligible activities
Amounts deposited in a Fund shall be used
only to provide grants to conserve, maintain,
and restore the tropical forests and coral reef
ecosystems in the beneficiary country, through
one or more of the following activities:
(1) Establishment, restoration, protection,
and maintenance of parks, protected areas,
and reserves.
(2) Development and implementation of sci-
entifically sound systems of natural resource
management, including land and ecosystem
management practices.
(3) Training programs to increase the sci-
entific, technical, and managerial capacities
of individuals and organizations involved in
conservation efforts.
(4) Restoration, protection, or sustainable
use of diverse animal and plant species.
(5) Research and identification of medicinal
uses of plant life to treat human diseases, ill-
nesses, and health related concerns.
(6) Development and support of the liveli-
hoods of individuals dependent on a tropical
forest or coral reef ecosystem and related re-
sources in a manner consistent with con-
serving
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 2431h
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