22 U.S.C. § 6821 — Establishment
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- (a)Negotiations for establishment of Trust FundThe Secretary of the Treasury shall seek to enter into negotiations with the World Bank or the Association, in consultation with the Administrator of the United States Agency for International Development and other United States Government agencies, and with the member nations of the World Bank or the Association and with other interested parties, for the establishment within the World Bank of—
- (b)PurposeThe purpose of the Trust Fund should be to use contributed funds to—
- (c)Composition
- (1)In generalThe Trust Fund should be governed by a Board of Trustees, which should be composed of representatives of the participating donor countries to the Trust Fund. Individuals appointed to the Board should have demonstrated knowledge and experience in the fields of public health, epidemiology, health care (including delivery systems), and development.
- (2)United States representation
- (A)In generalUpon the effective date of this paragraph, there shall be a United States member of the Board of Trustees, who shall be appointed by the President, by and with the advice and consent of the Senate, and who shall have the qualifications described in paragraph (1).
- (B)Effective and termination dates
- (i)Effective dateThis paragraph shall take effect upon the date the Secretary of the Treasury certifies to Congress that an agreement establishing the Trust Fund and providing for a United States member of the Board of Trustees is in effect.
- (ii)Termination dateThe position established by subparagraph (A) is abolished upon the date of termination of the Trust Fund.