**(a) Development projects and programs** The United States Special Resources shall be used to finance specific high priority development projects and programs in developing member countries of the Bank with emphasis on such projects and programs in the Southeast Asia region.
**(b) Authorized uses** The United States Special Resources shall be used by the Bank only for—
(1) making development loans on terms which may be more flexible and bear less heavily on the balance of payments than those established by the Bank for its ordinary operations; and
(2) providing technical assistance credits on a reimbursable basis.
**(c) Eligible goods and services**
(1) The United States Special Resources may be expended by the Bank only for procurement in the United States of goods produced in, or services supplied from the United States, except that the United States Governor, in consultation with the National Advisory Council on International Monetary and Financial Policies, may allow eligibility for procurement in other member countries from the United States Special Resources if he determines that such procurement eligibility would materially improve the ability of the Bank to carry out the objectives of its special funds resources and would be compatible with the international financial position of the United States.
(2) The United States Special Resources may be used to pay for administrative expenses arising from the use of the United States Special Resources, but only to the extent such expenses are not covered from the Bank’s service fee or income from use of United States Special Resources.
**(d) Repayment in dollars** All financing of programs and projects by the Bank from the United States Special Resources shall be repayable to the Bank by the borrowers in United S
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Stable record: federal_law:legal_authorities:record_usc_3217cad3ad7070fac2f8c7b4 Source file: Laws/federal/codes/united-states-code/title-22/section-288-united-states-special-resources--e414d5ed83.md Pages: Not recorded – Not recorded Passage SHA-256: e32d93450fbc864bdbdbad5c2a38a0f1b2678bb267ee83f59f6d1ce937187427 Retained source evidence SHA-256: 945829b92e44e6e19a17a5084fa02e35aa7a5c95aee8f7d1011d67891f17193e
Source location: Title 22, Chapter 7, § 288; chapter-007-international-bureaus-congresses-etc.md
Stored source content
**(a) Development projects and programs** The United States Special Resources shall be used to finance specific high priority development projects and programs in developing member countries of the Bank with emphasis on such projects and programs in the Southeast Asia region.
**(b) Authorized uses** The United States Special Resources shall be used by the Bank only for—
(1) making development loans on terms which may be more flexible and bear less heavily on the balance of payments than those established by the Bank for its ordinary operations; and
(2) providing technical assistance credits on a reimbursable basis.
**(c) Eligible goods and services**
(1) The United States Special Resources may be expended by the Bank only for procurement in the United States of goods produced in, or services supplied from the United States, except that the United States Governor, in consultation with the National Advisory Council on International Monetary and Financial Policies, may allow eligibility for procurement in other member countries from the United States Special Resources if he determines that such procurement eligibility would materially improve the ability of the Bank to carry out the objectives of its special funds resources and would be compatible with the international financial position of the United States.
(2) The United States Special Resources may be used to pay for administrative expenses arising from the use of the United States Special Resources, but only to the extent such expenses are not covered from the Bank’s service fee or income from use of United States Special Resources.
**(d) Repayment in dollars** All financing of programs and projects by the Bank from the United States Special Resources shall be repayable to the Bank by the borrowers in United States dollars.
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Federal law — U.S. Code and appendices · legal_authorities
§ 288. ‘‘International organization’’ defined; au-
thority of President
For the purposes of this subchapter, the term
‘‘international organization’’ means a public
international organization in which the United
States participates pursuant to any treaty or
under the authority of any Act of Congress au-
thorizing such participation or making an ap-
propriation for such participation, and which
shall have been designated by the President
through appropriate Executive order as being
entitled to enjoy the privileges, exemptions, and
immunities provided in this subchapter. The
President shall be authorized, in the light of the
functions performed by any such international
organization, by appropriate Executive order to
withhold or withdraw from any such organiza-
tion or its officers or employees any of the privi-
leges, exemptions, and immunities provided for
in this subchapter (including the amendments
made by this subchapter) or to condition or
limit the enjoyment by any such organization or
its officers or employees of any such privilege,
exemption, or immunity. The President shall be
authorized, if in his judgment such action
should be justified by reason of the abuse by an
international organization or its officers and
employees of the privileges, exemptions, and im-
munities provided in this subchapter or for any
other reason, at any time to revoke the designa-
tion of any international organization under
this section, whereupon the international orga-
nization in question shall cease to be classed as
an international organization for the purposes
of this subchapter.
(Dec. 29, 1945, ch. 652, title I, § 1, 59 Stat. 669.)
Page 238
TITLE 22—FOREIGN RELATIONS AND INTERCOURSE
§ 288
Editorial Notes
REFERENCES IN TEXT
This subchapter, referred