IDA VI Replenishment and the African Development Bank: Hearing Before the Committee on Foreign Relations, United States Senate, Ninety-seventh Congress, First Session, on S. 786 ... March 25, 1981

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U.S. Government Printing Office, 1981 - 43 páginas
 

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Página 20 - USC 78c). The Bank shall file with the Securities and Exchange Commission such annual and other reports with regard to such securities as the Commission shall determine to be appropriate...
Página 20 - Fund shall be party shall be deemed to arise under the laws of the United States, and the district courts of the United States (including the courts enumerated in title 28, section 460, United States Code) shall have original jurisdiction of any such action.
Página 20 - Articles 49 through 56, shall have full force and effect in the United States, its Territories and possessions, and the Commonwealth of Puerto Rico, upon acceptance of membership by the United States in, and the establishment of, the Bank.
Página 19 - Director shall be three years, but he shall remain in office until a successor has been appointed. (c) No person shall be entitled to receive any salary or other compensation from the United States for services as a Governor, Alternate Governor, or Executive Director.
Página 20 - Bank, shall also deposit a declaration that the United States retains for itself and its political subdivisions the right to tax salaries and emoluments paid by the Bank to its citizens or nationals.
Página 19 - Bank shall act as its depository or as its fiscal agent and the Board of Governors of the Federal Reserve System shall supervise and direct the carrying out of these functions by the Federal Reserve banks.
Página 19 - Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SHORT TITLE SECTION 1. This Act may be cited as the "Asian Development Bank Act.
Página 9 - The Asian Development Bank Act, as 7 amended (22 USC 285 et seq.), is further amended by 8 adding at the end the following new section: 9 "SEC.
Página 20 - ... reports to Congress such information as it shall deem advisable with regard to the operations and effect of this section and in connection therewith shall include any views submitted for such purpose by any association of dealers registered with the Commission. TECHNICAL AMENDMENTS SEC. 1342. (a) The seventh sentence of paragraph 7 of section 5136 of the Revised Statutes of the United States (12 USC 24) is amended by striking out "or" after "the Inter-American Development Bank" and inserting...
Página 17 - ... AFDB, the most important African development institution, is important to overall US interests. It would be consistent with our growing economic and strategic interests in the region, and a reflection of our concern with the very formidable problems of poverty faced by that continent. It would also complement US membership in the African Development Fund and give us greater influence within the Bank/ Fund structure by providing the opportunity to elect our own Executive Director to the Bank....

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