Sec. 5. Sunset
106 words·~1 min read·
/bill/118/s/4418/is/section-5·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
This Act shall have no force or effect on and after the date that is 30 days after the earlier of— the date that the United States Governor of the IMF reports to Congress that the People’s Republic of China— is in substantial compliance with obligations of the People’s Republic of China under the Articles of Agreement of the IMF regarding orderly exchange rate arrangements; and has undertaken exchange rate policies and practices consistent with those of other issuers of currencies used in determining the value of Special Drawing Rights; or the date that is 7 years after the date of the enactment of this Act.