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H.R. 2901 (102nd): To authorize the transfer by lease of 4 vessels to the Government of Greece.


The text of the bill below is as of Aug 14, 1991 (Passed Congress).


H.R.2901

One Hundred Second Congress of the United States of America

AT THE FIRST SESSION

Begun and held at the City of Washington on Thursday, the third day of January,

one thousand nine hundred and ninety-one

An Act

To authorize the transfer by lease of 4 naval vessels to the Government of Greece.

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

SECTION 1. AUTHORITY TO LEASE.

    (a) IN GENERAL- The Secretary of the Navy is authorized to lease the following ‘CHARLES F. ADAMS’ class guided missile destroyers to the Government of Greece: ‘JOSEPH STRAUSS (DDG-16), SEMMES (DDG-18), RICHARD E. BYRD (DDG-23), WADDELL (DDG-24). A lease under this Act may be renewed.

    (b) APPLICABLE LAW- Such lease shall be in accordance with chapter 6 of the Arms Export Control Act (22 U.S.C. 2796 and following), except that section 62 of that Act (22 U.S.C. 2796A; relating to reports to Congress) shall only apply to renewals of the lease.

SEC. 2. COSTS OF LEASE.

    Any expense of the United States in connection with the lease authorized by section 1 shall be charged to the Government of Greece.

SEC. 3. CONSIDERATION FOR LEASE.

    Notwithstanding section 321 of the Act of June 30, 1931 (40 U.S.C. 303b), the lease of the ships described in section 1(a) may provide, as part or all of the consideration for the lease, for the maintenance, protection, repair, or restoration of the ships by the Government of Greece.

SEC. 4. EXPIRATION OF AUTHORITY.

    The authority granted by section 1(a) shall expire at the end of the two-year period beginning on the date of the enactment of this Act unless the lease authorized by that section is entered into during that period.

Speaker of the House of Representatives.

Vice President of the United States and

President of the Senate.