19-U.S.C.-3539
§3539 – Fund For Wto Dispute Settlements
Pathway
Title 19 > Chapter 22 > Subchapter I > Part C > Section 3539
Details
- Reference: Section 3539
- Legend: §3539 – Fund For Wto Dispute Settlements
- USCode Year: 2013
Provision Content
(a) Establishment of fund
There is established in the Treasury a fund for the payment of settlements under this section.
(b) Authority of USTR to pay settlements
Amounts in the fund established under subsection (a) of this section shall be available, as provided in appropriations Acts, only for the payment by the United States Trade Representative of the amount of the total or partial settlement of any dispute pursuant to proceedings under the auspices of the World Trade Organization, if—
(1) in the case of a total or partial settlement in an amount of not more than $10,000,000, the Trade Representative certifies to the Secretary of the Treasury that the settlement is in the best interests of the United States; and
(2) in the case of a total or partial settlement in an amount of more than $10,000,000, the Trade Representative certifies to the Congress that the settlement is in the best interests of the United States.
(c) Appropriations
There are authorized to be appropriated to the fund established under subsection (a) of this section—
(1) $50,000,000; and
(2) amounts equivalent to amounts recovered by the United States pursuant to the settlement of disputes pursuant to proceedings under the auspices of the World Trade Organization.
Amounts appropriated to the fund are authorized to remain available until expended.
(d) Management of fund
Sections 9601 and 9602(b) of title 26 shall apply to the fund established under subsection (a) of this section to the same extent as such provisions apply to trust funds established under subchapter A of chapter 98 of such title.
(Pub. L. 107–210, div. E, title L, §5201, Aug. 6, 2002, 116 Stat. 1047.)
Codification
Section was enacted as part of the Trade Act of 2002, and not as part of the Uruguay Round Agreements Act which enacted this chapter.
U.S. Encyclopedia of Law Coverage
19-U.S.C.-3539 in the Legal Encyclopedia: Customs Duties
In this entry about 19-U.S.C.-3539, find legal reference material, bibliographies and premiere content related to customs duties in the American Encyclopedia of Law, presenting a comprehensive view of the United States customs duties-specific issues, written by authorities in the field.
Title 19 – Customs Duties in the Legal Encyclopedia: Uruguay Round Trade Agreements
In this entry about Title 19 – Customs Duties, find legal reference material, bibliographies and premiere content related to uruguay round trade agreements in the American Encyclopedia of Law, presenting a comprehensive view of the United States uruguay round trade agreements-specific issues, written by authorities in the field.
Leave a Reply