Sec. 10405. Reductions in designated funds
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For the purposes of this section, the term designated funds means amounts within an account that are authorized or appropriated to be available only for a particular country, organization, or purpose during a specified fiscal period. If the amount appropriated for a fiscal period to carry out any provision of this Act (including rescissions and reductions required by law) is less than the amount authorized to be appropriated to carry out such provision, then the President is authorized to make a proportionate reduction in designated funds, notwithstanding the provision of law making such designation.
Notwithstanding a provision of law providing for designated funds, the President may reprogram such designated funds to other programs within the same account under the same terms and conditions as originally provided, if— compliance with such provision of law is made impossible by operation of law; or the President determines that a significant change in circumstances relating to the particular country, organization, or purpose makes it unlikely that the designated funds can be obligated during the original period of availability.
A reprogramming pursuant to subsection
(c)shall be subject to the regular notification procedures under section 8401.