Pub. L. 103-236, tit. VIII, pt. B, sec. 823

ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS.

EnactedYear: 1994Length: 172 wordsOfficial source
SEC. 823. ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS. (a) In General.— The Secretary of the Treasury shall instruct the United States executive director to each of the international financial institutions described in section 701(a) of the International Financial Institutions Act (22 U.S.C. 262d(a)) to use the voice and vote of the United States to oppose any use of the institution’s funds to promote the acquisition of unsafeguarded special nuclear material or the development, stockpiling, or use of any nuclear explosive device by any non-nuclear-weapon state. (b) Duties of United States Executive Directors.— Section 701(b)(3) of the International Financial Institutions Act (22 U.S.C. 262d(b)(3)) is amended to read as follows: “(3) whether the recipient country— “(A) is seeking to acquire unsafeguarded special nuclear material (as defined in section 830(8) of the Nuclear Proliferation Prevention Act of 1994) or a nuclear explosive device (as defined in section 830(4) of that Act); “(B) is not a State Party to the Treaty on the Non-Proliferation of Nuclear Weapons; or “(C) has detonated a nuclear explosive device; and”.
Pub. L. 103-236, tit. VIII, pt. B, sec. 823: ROLE OF INTERNATIONAL FINANCIAL INSTITUTIONS. | Justis AI