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Code · STATUTE-COMPILATIONS · Asia-Pacific Economic Cooperation Business Travel Cards Act of 2017 · Sec. 3

Sec. 3. ACCOUNT

234 words·~1 min read·/statute-compilations/comps-13781/sec-3

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## SEC. 3 ACCOUNT **[**[6 U.S.C. 218 note](/us/usc/t6/s218)**]** ###
(a)In General Notwithstanding the repeal of the Asia-Pacific Economic Cooperation Business Travel Cards Act of 2011 (Public Law 112-54; 8 U.S.C. 1185 note) pursuant to section 4(b)(1), amounts deposited into the APEC Business Travel Card Account established pursuant to such Act as of the date of the enactment of this Act are hereby transferred to the Asia-Pacific Economic Cooperation Business Travel Card Account established pursuant to section 418(e) of the Homeland Security Act of 2002 (as added by section 2(a) of this Act), and shall be available without regard to whether such amounts are expended in connection with expenses incurred with respect to an ABT Card issued at any time before or after such date of enactment. ###
(b)Availability Amounts deposited in the Asia-Pacific Economic Cooperation Business Travel Card Account established pursuant to section 418(e) of the Homeland Security Act of 2002, in addition to the purposes for which such amounts are available pursuant to such subsection, shall also be available for expenditure in connection with expenses incurred with respect to ABT Cards issued at any time before the date of the enactment of such section. ###
(c)Termination After the completion of the transfer described in subsection (a), the Asia-Pacific Economic Cooperation Business Travel Card Account established pursuant to the Asia-Pacific Economic Cooperation Business Travel Cards Act of 2011 shall be closed.
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  • Pub. L. 112-54
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Sec. 3
ACCOUNT
Pub. L.Pub. L. 112-54
Cites 3Cited by 0 across 0 sources
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