remedy, the exercise of the authority set forth in section 2 shall be suspended until the President determines that effective market manipulation activities have ceased.

e. International Natural Rubber Agreement Appropriation

Authorization

Public Law 96–271 [S. 2666], 94 Stat. 499, approved June 16, 1980

AN ACT To authorize appropriations for the International Natural Rubber Agreement for fiscal year 1981.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in order to meet the obligations of the United States as a member of the International Natural Rubber Organization established by the International Natural Rubber Agreement, there is authorized to be appropriated for the fiscal year 1981 $88,000,000 for the payment of contributions by the United States to the buffer stock account established by the agreement. Funds appropriated under this Act are authorized to remain available during the period in which the International Natural Rubber Agreement remains in effect with respect to the United States.

f. Strategic and Critical Materials Transaction Authorization Act of 1979

Public Law 96–175 (H.R. 595], 93 Stat. 1289, approved December 29, 1979

AN ACT To authorize certain transactions involving the acquisition and disposal of strategic and critical materials for the National Defense Stockpile.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That this Act may be cited as the "Strategic and Critical Materials Transaction Authorization Act of 1979".

SEC. 2. There is authorized to be appropriated the sum of $237,000,000 for the acquisition of strategic and critical materials under section 6(a) of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98e). Before any acquisition using funds appropriated under the authorization of this section may be carried out, a list of the materials to be acquired shall be submitted to the Committees on Armed Services of the Senate and House of Representatives, and such acquisition may not then be carried out until the end of the 60-day period beginning on the date such list is received by such committees.

SEC. 3. The President is hereby authorized to dispose of materials determined to be excess to the current requirements of the National Defense Stockpile in the following quantities:

(1) 35,000 long tons of tin.

(2) 3,000,000 carats of industrial diamond stones.

(3) 5,000,000 troy ounces of silver.

SEC. 4. Any acquisition using funds appropriated under the authorization of section 2, and any disposal under the authority of section 3, shall be carried out in accordance with the provisions of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98 et seq.).

SEC. 5. The President, on behalf of the United States,1 is authorized to contribute (from the amount of tin authorized to be disposed of under section 3(1)) up to 5,000 long tons of tin to the Tin Buffer Stock established under the Fifth International Tin Agreement. Upon the termination of such agreement in 1981, all proceeds generated from such contribution shall be remitted to the National Defense Stockpile Transaction Fund established by section 9 of the Strategic and Critical Materials Stock Piling Act (50 U.S.C. 98h).

1 The functions vested in the President by sec. 5 were delegated to the United States Trade Representative pursuant to Executive Order 12263 (Jan. 8, 1981; 46 F.R. 2315). Executive Order 12263 was subsequently revoked by Executive Order 12553 (Feb. 25, 1986; 51 F.R. 7237).

g. Implementation of the International Sugar Agreement

Executive Order 12224, July 1, 1980, 45 F.R. 45243

By the authority vested in me as President of the United States of America by an Act providing for the Implementation of the International Sugar Agreement, 1977, and for Other Purposes (Public Law 96-236; 94 Stat. 336) and Section 301 of Title 3 of the United States Code, it is hereby ordered as follows:

1-101. The functions vested in the President by Public Law 96236 (94 Stat. 336) are delegated to the United States Trade Representative.

1-102. In carrying out the functions delegated to him, the United States Trade Representative shall consult with the Secretary of Agriculture and the Secretary of State. The United States Trade Representative may, with the consent of the head of another Executive agency, redelegate some or all of those functions to the head of such agency.

1-103. This Order is effective July 1, 1980.

9. Foreign Corrupt Practices

a. Foreign Corrupt Practices Act of 1977

Partial Text of Public Law 95–213 [S. 305], 91 Stat. 1494, approved December 19, 1977, as amended by Public Law 100-418 [Omnibus Trade and Competitiveness Act of 1988; H.R. 4848], 102 Stat. 1107, approved August 23, 1988

AN ACT To amend the Securities Exchange Act of 1934 to make it unlawful for an issuer of securities registered pursuant to section 12 of such Act or an issuer required to file reports pursuant to section 15(d) of such Act to make certain payments to foreign officials and other foreign persons, to require such issuers to maintain accurate records, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

TITLE I-FOREIGN CORRUPT PRACTICES

SHORT TITLE

SEC. 101.1 This title may be cited as the "Foreign Corrupt Practices Act of 1977".

PROHIBITED FOREIGN TRADE PRACTICES BY DOMESTIC CONCERNS

SEC. 104.2 (a) PROHIBITION.-It shall be unlawful for any domestic concern, other than an issuer which is subject to section 30A of the Securities Exchange Act of 1934, or for any officer, director, employee, or agent of such domestic concern or any stockholder thereof acting on behalf of such domestic concern, to make use of the mails or any means or instrumentality of interstate commerce corruptly in furtherance of an offer, payment, promise to pay, or authorization of the payment of any money, or offer, gift, promise to give, or authorization of the giving of anything of value to

(1) any foreign official for purposes of—

(A)(i) influencing any act or decision of such foreign official in his official capacity, or (ii) inducing such foreign official to do or omit to do any act in violation of the lawful duty of such official, or

(B) inducing such foreign official to use his influence with a foreign government or instrumentality thereof to affect or influence any act or decision of such government or instrumentality,

in order to assist such domestic concern in obtaining or retaining business for or with, or directing business to, any person;

1 15 U.S.C. 78a note.

2 15 U.S.C. 78dd-2. Sec. 104 was amended and restated by sec. 5003(c) of Public Law 100-418 (Omnibus Trade and Competitiveness Act of 1988; 102 Stat. 1419).