Foreign Currency Fluctuations, Construction, Defense

(e) Deposit and Use of Funds .— The Secretary concerned shall deposit funds received under subsection (b) in the appropriation “Foreign Currency Fluctuations, Construction, Defense”. The funds deposited shall be available, in such amounts as provided in appropriation Acts, for the purpose of paying increased costs of overseas military construction and family housing construction or improvement associated with unfavorable fluctuations in currency exchange rates. The use of such funds for this purpose does not relieve the Secretary concerned from the duty to provide advance notice to Congress under section 2853(c) of this title whenever the Secretary approves an increase in the cost of an overseas project under such section.

Source

10 USC § 2869(e)

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Scoping language

None identified, default scope is assumed to be the parent (subchapter III) of this section.

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