Sec. 4352. Certification for leasing
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/bill/113/hr/1793/ih/section-4352·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Before entering into or renewing any agreement with a foreign country or international organization to lease any defense article under this chapter, or to loan any defense article this title for a period of 1 year or longer, the President shall transmit to the appropriate congressional committees and the Committees on Armed Services of the House of Representatives and the Senate, a written certification which specifies— the country or international organization to which the article is to be leased or loaned; the type, quantity, and value (in terms of replacement cost) of the article to be leased or loaned; the terms and duration of the lease or loan; and a justification for the lease or loan, including an explanation of why the article is being leased rather than sold under this subtitle.
The President may waive the requirements of this section if the President states in the certification required by subsection
(a)that an emergency exists which requires that it is in the national security interests of the United States to enter into the lease or loan immediately. If the President states in the certification that such an emergency exists, the President shall set forth in the certification a detailed justification for the President’s determination, including a description of the emergency circumstances that necessitate that the lease be entered into immediately and a discussion of the national security interests involved. The certification required by subsection
(a)shall be transmitted— not less than 15 calendar days before the agreement is entered into or renewed in the case of an agreement with a strategic United States ally; or not less than 30 calendar days before the agreement is entered into or renewed in the case of an agreement with any other country or organization.