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Code · STATUTE-COMPILATIONS · promote the foreign policy, security, and general welfare of the United States by assisting peoples of the world in their efforts toward economic development and internal and external security, and fo · Sec. 299

Sec. 299. Authorization

181 words·~1 min read·/statute-compilations/comps-1071/sec-299

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## Sec. 299 Authorization **[**[22 U.S.C. 2220d](/us/usc/t22/s2220d)**]** ###
(a)The President is authorized to use any of the funds hereafter made available under section 103 of this Act to carry out the purposes of this title. Funds made available for such purposes may be used without regard to the provisions of sections 110(b) and 122(d) of this Act. ###
(b)Foreign currencies owned by the United States and determined by the Secretary of the Treasury to be excess to the needs of the United States shall be used to the maximum extent possible in lieu of dollars in carrying out the provisions of this title. ###
(c)Assistance authorized under this title shall be in addition to any allotments or grants that may be made under other authorizations. ###
(d)Universities may accept and expend funds from other sources, public and private, in order to carry out the purposes of this title. All such funds, both prospective and inhand, shall be periodically disclosed to the Administrator as he shall by regulation require, but no less often than in an annual report.
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