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U.S. Code as of:
01/19/04
Section 262k-1. Transparency of budgets
(a) Limitation
Beginning three years after September 30, 1996, the Secretary of
the Treasury shall instruct the United States Executive Director of
each international financial institution to use the voice and vote
of the United States to oppose any loan or other utilization of the
funds of their respective institution, other than to address basic
human needs, for the government of any country which the Secretary
of the Treasury determines -
(1) does not have in place a functioning system for reporting
to civilian authorities audits of receipts and expenditures that
fund activities of the armed forces and security forces;
(2) has not provided to the institution information about the
audit process requested by the institution.
(b) "International financial institution" defined
For purposes of this section, the term "international financial
institution" shall include the institutions identified in section
532(b) of this Act.
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