section 2427 of this titlesection 2427(a)(1) of this titleWhenever the President determines it to be necessary for the purposes of this part, not to exceed 15 per centum of the funds made available for any provision of this part may be transferred to, and consolidated with, the funds made available for any other provision of this part, and may be used for any of the purposes for which such funds may be used, except that the total in the provision for the benefit of which the transfer is made shall not be increased by more than 25 per centum of the amount of funds made available for such provision. The authority of sections 2360(a) and 2364(a) of this title may not be used to transfer funds made available under this part for use for purposes of any other provision of this chapter, except that the authority of such sections may be used to transfer for the purposes of not to exceed five per centum of the amount of funds made available for .
Pub. L. 87–195Pub. L. 93–189, § 2(3)87 Stat. 716Pub. L. 95–88, title I, § 129(b)91 Stat. 543Pub. L. 95–424, title I, § 102(g)(2)(K)(ii)92 Stat. 943(, pt. I, § 109, as added , , ; amended , , ; , , .)
Editorial Notes
References in Text
Pub. L. 87–19575 Stat. 424section 2151 of this titleThis chapter, referred to in text, was in the original “this Act”, meaning , , , known as the Foreign Assistance Act of 1961. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
Amendments
Pub. L. 95–424section 2151f of this title1978— substituted “Whenever” for “Notwithstanding , whenever”.
Pub. L. 95–88section 2427 of this titlesection 2427(a)(1) of this title1977— provided that the authority under sections 2360(a) and 2364(a) of this title may be used to transfer for the purposes of not to exceed five per centum of the amount of funds made available for .
Statutory Notes and Related Subsidiaries
Effective Date of 1978 Amendment
Pub. L. 95–424section 605 of Pub. L. 95–424section 2151 of this titleAmendment by effective , see , set out as a note under .
Executive Documents
Delegation of Functions
section 2381 of this titleFor delegation of functions of President under this section, see Ex. Ord. No. 12163, , 44 F.R. 56673, as amended, set out as a note under .