Laws: Cases and Codes : U.S. Code : Title 22 : Section 2026


   
U.S. Code as of: 01/19/04
Section 2026. Termination of authority and participation in Agency

      In the event of an amendment to the Statute of the Agency being
    adopted in accordance with article XVIII-C of the Statute to which
    the Senate by formal vote shall refuse its advice and consent, upon
    notification by the Senate to the President of such refusal to
    advise and consent, all further authority under section 2021, 2022,
    2023 and 2024 of this title, as amended, shall terminate: Provided,
    however, That the Secretary of State, under such regulations as the
    President shall promulgate, shall have the necessary authority to
    complete the prompt and orderly settlement of obligations and
    commitments to the Agency already incurred and pay salaries,
    allowances, travel expenses, and other expenses required for a
    prompt and orderly termination of United States participation in
    the Agency: And provided further, That the representative and the
    deputy representative of the United States to the Agency, and such
    other officers or employees representing the United States in the
    Agency, under such regulations as the President shall promulgate,
    shall retain their authority under this chapter for such time as
    may be necessary to complete the settlement of matters arising out
    of the United States participation in the Agency.



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