Memorandum on Delegation of Authority Under Section 538 of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1995

Presidential Determination No. 94-59

Memorandum for the Secretary of State

By the authority vested in me as President by the Constitution and laws of the United States of America, including section 538(a) of the Foreign Operations, Export Financing, and Related Programs Appropriations Act, 1995 ( Public Law 103-306) (the "Act") and section 301 of title 3, United States Code, I hereby delegate the functions and authorities vested in me pursuant to section 538(a) of the Act to the Secretary of State, who is authorized to redelegate these functions and authorities consistent with applicable law.

You are authorized and directed to publish this memorandum in the Federal Register.

WILLIAM J. CLINTON

THE WHITE HOUSE,

Washington, September 30, 1994.