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22 U.S.C. § 1933 — Repealed. Pub. L. 87–195, pt. III, § 642(a)(2), Sept. 4, 1961, 75 Stat. 460
Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, acts Aug. 26, 1954, ch. 937, ch. II, § 413, 68 Stat. 846; July 18, 1956, ch. 627, § 8(j), (k), 70 Stat. 558; June 30, 1958, Pub. L. 85–477, ch. II, § 205(j), 72 Stat. 267; July 24, 1959, Pub. L. 86–108, ch. II, § 205(m), 73 Stat. 251, related to encouragement of free enterprise and private participation. See [section 2351 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2351&num=0&edition=prelim).
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Source file: Laws/federal/codes/united-states-code/title-22/section-1933-repealed-pub-l-87195-pt-iii-642-a-2-sept-4-1961-75-stat-460--c67ae2f48e.md
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Source location: Title 22, Chapter 24, § 1933; chapter-024-mutual-security-program.md
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### Statutory Notes
Section, acts Aug. 26, 1954, ch. 937, ch. II, § 413, 68 Stat. 846; July 18, 1956, ch. 627, § 8(j), (k), 70 Stat. 558; June 30, 1958, Pub. L. 85–477, ch. II, § 205(j), 72 Stat. 267; July 24, 1959, Pub. L. 86–108, ch. II, § 205(m), 73 Stat. 251, related to encouragement of free enterprise and private participation. See [section 2351 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section2351&num=0&edition=prelim).
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Policy of United States** The Congress of the United States recognizes the vital role of free enterprise in achieving rising levels of production and standards of living essential to economic progress and development. Accordingly, it is declared to be the policy of the United States to encourage the efforts of other countries to increase the flow of international trade, to foster private initiative and competition, to encourage the development and use of cooperatives, credit unions, and savings and loan associations, to discourage monopolistic practices, to improve the technical efficiency of their industry, agriculture, and commerce, and to strengthen free labor unions; and to encourage the contribution of United States enterprise toward economic strength of less developed friendly countries, through private trade and investment abroad, private participation in programs carried out under this chapter (including the use of private trade channels to the maximum extent practicable in carrying out such programs), and exchange of ideas and technical information on the matters covered by this subsection.
**(b) Action by President to facilitate participation to maximum extent** In order to encourage and facilitate participation by private enterprise to the maximum extent practicable in achieving any of the purposes of this chapter, the President shall—
(1) make arrangements to find, and draw the attention of private enterprise to, opportunities for investment and development in less-developed friendly countries and areas;
(2) establish an effective system for obtaining adequate information with respect to the activities of, and opportunities for, nongovernmental participation in the development process, and for utilizing such information in the planning, direction, a
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization to make** The Director of the United States Information Agency may make guaranties, in accordance with the provisions of subsection (b) of section 1933 11 See References in Text note below. of this title, of investments in enterprises producing or distributing informational media consistent with the national interests of the United States: Provided, That the purpose of making informational media guaranties shall be the achievement of the foreign policy objectives of the United States, including the objective mentioned in sections 1933(b)(4)(A) 1 and 1933(b)(4)(G) 1 of this title.
**(b) Assumption of notes issued pursuant to [section 1509(c)(2) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title22-section1509/c/2&num=0&edition=prelim); advances** The Director is authorized to assume the obligation of not to exceed $28,000,000 of the notes authorized to be issued pursuant to section 1509(c)(2) 1 of this title, together with the interest accrued and unpaid thereon, and to obtain advances from time to time from the Secretary of the Treasury up to such amount, less amounts previously advanced on such notes, as provided for in said notes. Such advances shall be deposited in a special account in the Treasury available for payments under informational media guaranties.
**(c) Limitations of time; total of guaranties outstanding** The Director is authorized to make informational media guaranties without regard to the limitations of time contained in section 1933(b)(4) 1 of this title, but the total of such guaranties outstanding at any one time shall not exceed the sum of the face amount of the notes assumed by the Director less the amounts previously advanced on such notes by the Secretary of the Treasury plus the amount of the
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Federal law — U.S. Code and appendices · legal_authorities
Page 482
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 1929
advice and consent of the Senate to such act or
pursuant to an Act of Congress.
(e) Severability
If any provision of this section or the applica-
tion of such provision is held by a Federal court
to be unconstitutional, the remainder of this
subtitle and the application of such provisions
to any other person or circumstance shall not be
affected thereby.
(f) Definitions
In this subtitle, the terms ‘‘withdrawal’’, ‘‘de-
nunciation’’, ‘‘suspension’’, and ‘‘termination’’
have the meaning given the terms in the Vienna
Convention on the Law of Treaties, concluded at
Vienna May 23, 1969.
(Pub. L. 118–31, div. A, title XII, § 1250A, Dec. 22,
2023, 137 Stat. 464.)
Editorial Notes
REFERENCES IN TEXT
This subtitle, referred to in subsecs. (e) and (f), is sub-
title C (§§ 1241–1250B) of title XII of div. A of Pub. L.
118–31, Dec. 22, 2023, 137 Stat. 458, which enacted this
section, amended section 9905 of Title 5, Government
Organization and Employees, and section 8634 of Title
10, Armed Forces, and enacted provisions set out as
notes under section 419 of Title 5 and section 113 of
Title 10 and amended provisions set out as a note under
section 333 of Title 10. For complete classification of
subtitle C to the Code, see Tables.
CODIFICATION
Section was enacted as part of the National Defense
Authorization Act for Fiscal Year 2024, and not as part
of the Mutual Security Act of 1954 which comprises this
chapter.
§ 1929.
Repealed.
Pub.
L.
87–195,
pt.
III,
§ 642(a)(2), Sept. 4, 1961, 75 Stat. 460
Section, acts Aug. 26, 1954, ch. 937, ch. II, § 409, 68 Stat.
845; July 8, 1955, ch. 301, § 8(g), 69 Stat. 286; July 18, 1956,
ch. 627, § 8(g), 70 Stat. 558; Aug. 14, 1957, Pub. L. 85–141,
§ 8(i)
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