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48 U.S.C. § 1960 — Modification of energy assistance funding
Federal law — U.S. Code and appendices · legal_authorities
**(a) Fulfillment of United States obligations** The President is authorized to negotiate and conclude an agreement, including the obligation of United States funds, with the Government of Palau which shall provide the following:
(1) The sum of $28,000,000, adjusted by section 215 of the Compact at the time of its availability to Palau, shall be provided to Palau pursuant to section 211(b) of the Compact and upon entry into force of the Compact.
(2) Palau shall pay to the United States, on or before the 15th anniversary of the effective date of the Compact, an amount equal to the net economic cost to the United States of making available the section 211(b) funds in the manner specified in this subsection rather than as provided in section 211(b).
(3) Such economic cost shall reflect the time value of money and be determined using the rate determined for an equivalent loan by the Federal Financing Bank as of the date these funds are advanced, and using an inflation rate consistent with the determinations made under the provisions of section 215 of the Compact.
(4) If the Government of Palau has not paid such net economic costs to the United States by the 15th anniversary of the effective date of the Compact, then the United States shall be automatically paid such sums from the fund established under section 211(f) of the Compact.
(5) The provision of section 211(b) funds, as appropriated by Public Law 99–349 and pursuant to this subsection, shall be in fulfillment of all United States obligations under such section 211(b) of the Compact and shall be subject to section 236 of the Compact.
**(b) Adjustment and payment** Subject to the provisions of subsection (a) and upon the request of the Government of Palau, the sum of $28 million appropriated by Public Law 99–349
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Source file: Laws/federal/codes/united-states-code/title-48/section-1960-modification-of-energy-assistance-funding--b638362eef.md
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Source location: Title 48, Chapter 18, § 1960; chapter-018-micronesia-marshall-islands-and-palau.md
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**(a) Fulfillment of United States obligations** The President is authorized to negotiate and conclude an agreement, including the obligation of United States funds, with the Government of Palau which shall provide the following:
(1) The sum of $28,000,000, adjusted by section 215 of the Compact at the time of its availability to Palau, shall be provided to Palau pursuant to section 211(b) of the Compact and upon entry into force of the Compact.
(2) Palau shall pay to the United States, on or before the 15th anniversary of the effective date of the Compact, an amount equal to the net economic cost to the United States of making available the section 211(b) funds in the manner specified in this subsection rather than as provided in section 211(b).
(3) Such economic cost shall reflect the time value of money and be determined using the rate determined for an equivalent loan by the Federal Financing Bank as of the date these funds are advanced, and using an inflation rate consistent with the determinations made under the provisions of section 215 of the Compact.
(4) If the Government of Palau has not paid such net economic costs to the United States by the 15th anniversary of the effective date of the Compact, then the United States shall be automatically paid such sums from the fund established under section 211(f) of the Compact.
(5) The provision of section 211(b) funds, as appropriated by Public Law 99–349 and pursuant to this subsection, shall be in fulfillment of all United States obligations under such section 211(b) of the Compact and shall be subject to section 236 of the Compact.
**(b) Adjustment and payment** Subject to the provisions of subsection (a) and upon the request of the Government of Palau, the sum of $28 million appropriated by Public Law 99–349 to fulfill the obligations of the United States under section 211(b) of the Compact (approved in Public Law 99–658), adjusted by section 215 of such Compact, shall be provided to Palau upon entry into force of the Compact.
**(c) Availability of appropriation account** Funding provided in Public Law 101–121 under the “Trust Territory of the Pacific Islands” appropriation account shall remain available until expended.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Approval** The Compact of Free Association set forth in title II of this joint resolution between the United States and the Government of Palau is hereby approved, and Congress hereby consents to the agreements as set forth on pages 154 through 405 of House Document 99–193 of April 9, 1986 (hereafter in this joint resolution referred to as subsidiary or related agreements), as they relate to such Government. Subject to the provisions of this joint resolution, the President is authorized to agree, in accordance with section 411 of the Compact, to an effective date for and thereafter to implement such Compact, having taken into account any procedures with respect to the United Nations for termination of the Trusteeship Agreement.
**(b) Reference to Compact** Any reference in this joint resolution to the “Compact” shall be treated as a reference to the Compact of Free Association set forth in title II of this joint resolution.
**(c) Amendment, change, or termination of Compact and certain agreements**
(1) Mutual agreement by the Government of the United States as provided in the Compact which results in amendment, change, or termination of all or any part thereof shall be affected only by Act of Congress and no unilateral action by the Government of the United States provided for in the Compact, and having such result, may be effected other than by Act of Congress.
(2) The provisions of paragraph (1) shall apply—
(A) to all actions of the Government of the United States under the Compact including, but not limited to, actions taken pursuant to sections 431, 432, 441, or 442;
(B) to any amendment, change, or termination in any agreement that may be concluded at any time between the Government of the United States and the Government of Palau regarding friends
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 1931
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Federal law — U.S. Code and appendices · legal_authorities
**(a)** Until Congress shall further provide for the government of the Trust Territory of the Pacific Islands, all executive, legislative, and judicial authority necessary for the civil administration of the Trust Territory shall continue to be vested in such person or persons and shall be exercised in such manner and through such agency or agencies as the President of the United States may direct or authorize.
**(b)** The head of any department, corporation, or other agency of the executive branch of the Government may, upon the request of the Secretary of the Interior, extend to the Trust Territory of the Pacific Islands, with or without reimbursement, scientific, technical, and other assistance under any program administered by such agency, or extend to the Trust Territory any Federal program administered by such agency, if the assistance or program will promote the welfare of the Trust Territory, notwithstanding any provision of law under which the Trust Territory may otherwise be ineligible for the assistance or program: Provided, That the Secretary of the Interior shall not request assistance pursuant to this subsection that involves, in the aggregate, an estimated nonreimbursable cost in any one fiscal year in excess of $150,000: Provided further, That the cost of any program extended to the Trust Territory under this subsection shall be reimbursable out of appropriations authorized and made for the government of the Trust Territory pursuant to section 2 of this Act, as amended. The provisions of this subsection shall not apply to financial assistance under a grant-in-aid program.
Source: Supplied U.S. Code snapshot — release unconfirmed · 48 U.S.C. § 1681
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Federal law — U.S. Code and appendices · legal_authorities
Page 329
TITLE 48—TERRITORIES AND INSULAR POSSESSIONS
§ 1960
1 So in original. Probably should be ‘‘103’’.
Editorial Notes
REFERENCES IN TEXT
The Compact, referred to in text, is the Compact of
Free Association between the United States and the
Government of Palau, which is contained in section 201
of Pub. L. 99–658, set out as a note under section 1931 of
this title.
CODIFICATION
Section was formerly set out as a note under section
1681 of this title.
§ 1959. Agreements
(a) Effective date of certain agreements
An agreement between the United States and
the Government of the Republic of Palau con-
sistent with the agreements approved by Public
Law 101–62 (101 1 Stat. 162) shall take effect with-
out further authorization thirty days after sub-
mission to Congress.
(b) Extensions
The provisions of article IX, paragraph 5(a) of
the Agreement referred to in section 462(e) of
the Compact of Free Association as approved by
Public Law 99–239, and article IX, paragraph 5(a)
of the agreement referred to in section 462(f) of
the Compact of Free Association for Palau as
approved by Public Law 99–658, are extended, in
accordance with the terms thereof, until Octo-
ber 1, 1998, unless earlier terminated or further
extended by the laws of the United States.
(c) Authorization
Funding to implement the provisions of this
part, and for assistance to the central health
care facility and the prison in Palau, and the of-
fices of Public Auditor and Special Prosecutor
as proposed in the agreement entitled ‘‘Agree-
ment Concerning Special Programs related to
the Entry into Force of the Compact of Free As-
sociation Between the Government of the
United States and the Government of the Repub-
lic of Palau’’ signed on May 26, 1989, shall be
available pursuant to
Source: Supplied 2024 U.S. Code historical extraction · 48 U.S.C. § 1960
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