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National Archives

Public Papers - 1990 - November

Memorandum on the Egyptian Military Debt


Memorandum for the Secretary of the Treasury and the Secretary of Defense

Subject: Delegation of Authority Regarding Egyptian Military Debt

By virtue of the authority vested in me by the Constitution and laws of the United States of America, including section 592 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1991 (Public Law 101 - 513) (the ``Act''), and section 301 of title 3 of the United States Code, I hereby:

(1) delegate to the Secretary of the Treasury the functions vested in me by section 592(c)(1) of the Act; and

(2) delegate to the Secretary of Defense the functions vested in me by section 592(c)(2) of the Act, except that those under subparagraph (C) thereof shall be subject to the concurrence of the Secretary of the Treasury.

The Secretary of the Treasury is authorized and directed to publish this memorandum in the Federal Register.

George Bush

[Filed with the Office of the Federal Register, 4:22 p.m., November 28, 1990]

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