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22 U.S.C. § 286f — Obtaining and furnishing information to
Federal law — U.S. Code and appendices · legal_authorities
Page 181
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 286f
Loan Account of the Trust that have been used
for the purpose of financing programs to Fund
members previously in arrears to the Fund.
(July 31, 1945, ch. 339, § 58, as added Pub. L.
102–511, title X, § 1001, Oct. 24, 1992, 106 Stat.
3357.)
§ 286f. Obtaining and furnishing information to
the Fund
(a) Required disclosure
Whenever a request is made by the Fund to
the United States as a member to furnish data
under article VIII, section 5, of the Articles of
Agreement of the Fund, the President may,
through any agency he may designate, require
any person to furnish such information as the
President may determine to be essential to com-
ply with such request. In making such deter-
mination the President shall seek to collect the
information only in such detail as is necessary
to comply with the request of the Fund. No in-
formation so acquired shall be furnished to the
Fund in such detail that the affairs of any per-
son are disclosed.
(b) Penalty for refusal
In the event any person refuses to furnish such
information when requested to do so, the Presi-
dent, through any designated governmental
agency, may by subpoena require such person to
appear and testify or to appear and produce
records and other documents, or both. In case of
contumacy by, or refusal to obey a subpoena
served upon any such person, the district court
for any district in which such person is found or
resides or transacts business, upon application
by the President or any governmental agency
designated by him, shall have jurisdiction to
issue an order requiring such person to appear
and give testimony or appear and produce
records and documents, or both; and any failure
to obey such order of the court may be pun
Source: Supplied 2024 U.S. Code historical extraction · 22 U.S.C. § 286f
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Page 181
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 286f
Loan Account of the Trust that have been used
for the purpose of financing programs to Fund
members previously in arrears to the Fund.
(July 31, 1945, ch. 339, § 58, as added Pub. L.
102–511, title X, § 1001, Oct. 24, 1992, 106 Stat.
3357.)
§ 286f. Obtaining and furnishing information to
the Fund
(a) Required disclosure
Whenever a request is made by the Fund to
the United States as a member to furnish data
under article VIII, section 5, of the Articles of
Agreement of the Fund, the President may,
through any agency he may designate, require
any person to furnish such information as the
President may determine to be essential to com-
ply with such request. In making such deter-
mination the President shall seek to collect the
information only in such detail as is necessary
to comply with the request of the Fund. No in-
formation so acquired shall be furnished to the
Fund in such detail that the affairs of any per-
son are disclosed.
(b) Penalty for refusal
In the event any person refuses to furnish such
information when requested to do so, the Presi-
dent, through any designated governmental
agency, may by subpoena require such person to
appear and testify or to appear and produce
records and other documents, or both. In case of
contumacy by, or refusal to obey a subpoena
served upon any such person, the district court
for any district in which such person is found or
resides or transacts business, upon application
by the President or any governmental agency
designated by him, shall have jurisdiction to
issue an order requiring such person to appear
and give testimony or appear and produce
records and documents, or both; and any failure
to obey such order of the court may be punished
by such court as a contempt thereof.
(c) Penalty for unlawful disclosures
It shall be unlawful for any officer or em-
ployee of the Government, or for any advisor or
consultant to the Government, to disclose, oth-
erwise than in the course of official duty, any
information obtained under this section, or to
use any such information for his personal ben-
efit. Whoever violates any of the provisions of
this subsection shall, upon conviction, be fined
not more than $5,000, or imprisoned for not more
than five years, or both.
(d) ‘‘Person’’ defined
The term ‘‘person’’ as used in this section
means an individual, partnership, corporation or
association.
(July 31, 1945, ch. 339, § 8, 59 Stat. 515.)
Executive Documents
EX. ORD. NO. 10033. REGULATIONS GOVERNING THE PRO-
VIDING OF STATISTICAL INFORMATION TO INTERGOVERN-
MENTAL ORGANIZATIONS
Ex. Ord. No. 10033, Feb. 8, 1949, 14 F.R. 561, as amended
by Ex. Ord. No. 11269, Feb. 14, 1966, 31 F.R. 2813; Ex. Ord.
No. 12013, Oct. 7, 1977, 42 F.R. 54931; Ex. Ord. No. 12318,
Aug. 21, 1981, 46 F.R. 42833, provided:
SECTION 1. Except as provided in section 2 hereof, the
Director of the Office of Management and Budget, here-
inafter referred to as the Director, (a) shall determine,
with the concurrence of the Secretary of State, what
statistical information shall be provided in response to
official requests received by the United States Govern-
ment from any intergovernmental organization of
which this country is a member, and (b) shall deter-
mine which Federal executive agency or agencies shall
prepare the statistical information thus to be provided.
The statistical information so prepared shall be trans-
mitted to the requesting intergovernmental organiza-
tion through established channels by the Secretary of
State or by any Federal executive agency now or here-
after authorized by the Secretary of State to transmit
such information.
SEC. 2. (a) The National Advisory Council on Inter-
national Monetary and Financial Policies, hereinafter
referred to as the National Advisory Council, shall de-
termine, after consultation with the Director, what in-
formation is essential in order that the United States
Government may comply with official requests for in-
formation received from the International Monetary
Fund or the International Bank for Reconstruction and
Development.
(b) The Director shall determine which Federal exec-
utive agency or agencies shall collect or make avail-
able information found essential under section 2(a)
hereof.
(c) In the collection of information pursuant to a de-
termination made by the Director under section 2(b)
hereof in response to a request under article VIII, sec-
tion 5, of the Articles of Agreement of the Inter-
national Monetary Fund, the authority conferred on
the President by section 8 of the Bretton Woods Agree-
ments Act [this section] to require any person to fur-
nish such information, by subpoena or otherwise, may
be exercised by each of the following-named agencies:
Department of Agriculture.
Department of Commerce.
Department of the Interior.
Department of Labor.
Department of the Treasury.
Board of Governors of the Federal Reserve System.
Federal Communications Commission.
Federal Deposit Insurance Corporation.
Federal Power Commission.
Federal Trade Commission.
Interstate Commerce Commission.
Securities and Exchange Commission.
United States Maritime Commission.
United States Tariff Commission [now the United
States International Trade Commission].
(d) The information collected or made available
under section 2 of this order shall be submitted to the
National Advisory Council for review and for presen-
tation to the said Fund or Bank.
(e) As used in this order, the word ‘‘person’’ means an
individual, partnership, corporation, or association.
SEC. 3. The Director’s determination of any matter
under section 1 or section 2(b) of this order shall be
made after consulting appropriate Federal executive
agencies and giving due consideration to any responsi-
bility now exercised by any of them in relation to an
intergovernmental organization.
SEC. 4. This order shall not be construed to authorize
the Director or the National Advisory Council to pro-
vide, or to require any Federal executive agency to pro-
vide, to an intergovernmental organization (a) informa-
tion during any period of time when the agency having
primary responsibility for security of the specified in-
formation declares that it must be withheld from the
intergovernmental organization in the interest of mili-
tary security, or (b) information which any Federal ex-
ecutive agency is required by law to maintain on a con-
fidential basis.
SEC. 5. The Director and the National Advisory Coun-
cil are authorized to prescribe such regulations as may
be necessary to carry out their respective responsibil-
ities under this order.
Page 182
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 286g
SEC. 6. To the extent that this order conflicts with
any previous Executive order, the provisions of this
order shall control.
SEC. 7. [Revoked by Ex. Ord. No. 12318, Aug. 21, 1981,
46 F.R. 42833]
§ 286g. Jurisdiction and venue of actions
For the purpose of any action which may be
brought within the United States or its Terri-
tories or possessions by or against the Fund or
the Bank in accordance with the Articles of
Agreement of the Fund or the Articles of Agree-
ment of the Bank, the Fund or the Bank, as the
case may be, shall be deemed to be an inhab-
itant of the Federal judicial district in which its
principal office in the United States is located,
and any such action at law or in equity to which
either the Fund or the Bank shall be a party
shall be deemed to arise under the laws of the
United States, and the district courts of the
United States shall have original jurisdiction of
any such action. When either the Fund or the
Bank is a defendant in any such action, it may,
at any time before the trial thereof, remove
such action from a State court into the district
court of the United States for the proper district
by following the procedure for removal of causes
otherwise provided by law.
(July 31, 1945, ch. 339, § 10, 59 Stat. 516.)
§ 286h. Status, privileges, and immunities of the
United States
The provisions of article IX, sections 2 to 9,
both inclusive, and the first sentence of article
VIII, section 2(b), of the Articles of Agreement
of the Fund, and the provisions of article VI,
section 5(i), and article VII, sections 2 to 9, both
inclusive, of the Articles of Agreement of the
Bank, shall have full force and effect in the
United States and its Territories and posses-
sions upon acceptance of membership by the
United States in, and the establishment of, the
Fund and the Bank, respectively.
(July 31, 1945, ch. 339, § 11, 59 Stat. 516.)
§ 286i. Stabilization loans by Bank; amendment
to Articles of Agreement
The governor and executive director of the
Bank appointed by the United States are di-
rected to obtain promptly an official interpreta-
tion by the Bank as to its authority to make or
guarantee loans for programs of economic recon-
struction and the reconstruction of monetary
systems,
including
long-term
stabilization
loans. If the Bank does not interpret its powers
to include the making or guaranteeing of such
loans, the governor of the Bank representing the
United States is directed to propose promptly
and support an amendment to the Articles of
Agreement for the purpose of explicitly author-
izing the Bank, after consultation with the
Fund, to make or guarantee such loans. The
President is authorized and directed to accept
an amendment to that effect on behalf of the
United States.
(July 31, 1945, ch. 339, § 12, 59 Stat. 516.)
§ 286j. Use of Fund resources
(a) Official interpretation of authority of Fund
The governor and executive director of the
Fund appointed by the United States are di-
rected to obtain promptly an official interpreta-
tion by the Fund as to whether its authority to
use its resources extends beyond current mone-
tary stabilization operations to afford tem-
porary assistance to members in connection
with seasonal, cyclical, and emergency fluctua-
tions in the balance of payment of any member
for current transactions, and whether it has au-
thority to use its resources to provide facilities
for relief, reconstruction, or armaments, or to
meet a large or sustained outflow of capital on
the part of any member.
(b) Proposal of amendment
If the interpretation by the Fund answers in
the affirmative any of the questions stated in
subsection (a), the governor of the Fund rep-
resenting the United States is directed to pro-
pose promptly and support an amendment to the
Articles of Agreement for the purpose of ex-
pressly negativing such interpretation. The
President is authorized and directed to accept
an amendment to that effect on behalf of the
United States.
(July 31, 1945, ch. 339, § 13, 59 Stat. 517.)
§ 286k. Further promotion of international eco-
nomic relations
(a) Congressional declaration of policy
In the realization that additional measures of
international economic cooperation are nec-
essary to facilitate the expansion and balanced
growth of international trade and render most
effective the operations of the Fund and the
Bank, it is declared to be the policy of the
United States to seek to bring about further
agreement and cooperation among nations and
international bodies, as soon as possible, on
ways and means which will best reduce obstacles
to and restrictions upon international trade,
eliminate unfair trade practices, promote mutu-
ally advantageous commercial relations, and
otherwise facilitate the expansion and balanced
growth of international trade and promote the
stability of international economic relations. In
considering the policies of the United States in
foreign lending and the policies of the Fund and
the Bank, particularly in conducting exchange
transactions, the Council and the United States
representatives on the Fund and the Bank shall
give careful consideration to the progress which
has been made in achieving such agreement and
cooperation.
(b) Transmittal of information to Congressional
committees
The President shall, upon the request of any
committee of the Congress with legislative or
oversight jurisdiction over monetary policy or
the International Monetary Fund, provide to
such committee any appropriate information
relevant to that committee’s jurisdiction which
is furnished to any department or agency of the
United States by the International Monetary
Fund. The President shall comply with this pro-
vision consistent with United States member-
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Authorization of vote; payment to Fund** The United States Governor of the Bank is hereby authorized to vote in favor of the resolution entitled “Increase of $1,200,000,000 in Resources of Fund for Special Operations” proposed by the Governors at their annual meeting in April 1967 and now pending before the Board of Governors of the Bank. Upon the adoption of such resolution, the United States Governor is authorized to agree, on behalf of the United States, to pay to the Fund for Special Operations of the Bank, the sum of $900,000,000, in accordance with and subject to the terms and conditions of such resolution, and subject to the further condition that in consideration of the United States balance-of-payments deficit any local cost financing, by project or otherwise, with the funds authorized under this section to be held to the minimum possible level. The United States Governor is also authorized to vote in favor of the amendment to Annex C of the agreement, now pending before the Board of Governors of the Bank, to modify the procedure employed in the election of Executive Directors.
**(b) Authorization of appropriations** There is hereby authorized to be appropriated without fiscal year limitation, for the United States share in the increase in the resources of the Fund for Special Operations of the Bank, the sum of $900,000,000.
**(c) Loan disapproval by the United States** The voting power of the United States shall be exercised for the purpose of disapproving any loan which might assist the recipient country directly or indirectly to acquire sophisticated or heavy military equipment.
Source: Supplied U.S. Code snapshot — release unconfirmed · 22 U.S.C. § 286f
Stored review status: release_metadata_unconfirmed. Same stored citation; legal effect and authority still require review.