22 U.S.C. 2451section 503 of title 40The exchange allowances or proceeds derived from the exchange or sale of passenger motor vehicles used abroad for purposes of this chapter or the Mutual Educational and Cultural Exchange Act of 1961 [ et seq.] shall be available without fiscal year limitation for replacement of an equal number of such vehicles in accordance with .
Jan. 27, 1948, ch. 36 Pub. L. 94–350, title II, § 20490 Stat. 830 Pub. L. 96–60, title II, § 204(c)93 Stat. 400 (, title VIII, § 806, as added , , ; amended , , .)
Editorial Notes
References in Text
Pub. L. 87–25675 Stat. 527 section 2451 of this titleThe Mutual Educational and Cultural Exchange Act of 1961, referred to in text, is , , , which is classified principally to chapter 33 (§ 2451 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
Codification
Section 503 of title 40Pub. L. 107–217, § 5(c)116 Stat. 1303 “” substituted in text for “section 201(c) of the Federal Property and Administrative Services Act of 1949” on authority of , , , the first section of which enacted Title 40, Public Buildings, Property, and Works.
Amendments
Pub. L. 96–601979— substituted “shall be available” for “are authorized to be made available”.
Statutory Notes and Related Subsidiaries
Effective Date of 1979 Amendment
Pub. L. 96–60section 209 of Pub. L. 96–60section 1471 of this titleAmendment by effective , and applicable only with respect to funds appropriated after , where new authorities provide for expenditures of appropriated funds, see , set out as a note under .