The Administrator and the Foundation are authorized to establish the National Oceans and Coastal Security Fund as a tax exempt fund to further the purposes of this chapter.
There shall be deposited into the Fund amounts appropriated or otherwise made available to carry out this chapter.
No amounts donated by a foreign government, as defined in section 7342 of title 5, may be deposited into the Fund.
Any amounts received by the Foundation pursuant to this chapter shall be subject to the provisions of the National Fish and Wildlife Foundation Establishment Act (16 U.S.C. 3701 et seq.), except the provisions of-
Of the amounts deposited into the Fund for each fiscal year-
After notice and an opportunity for a hearing, the Administrator is authorized to recover any Federal payments under this section if the Foundation-
16 U.S.C. § 7503
EDITORIAL NOTES
REFERENCES IN TEXTThe National Fish and Wildlife Foundation Establishment Act, referred to in subsec. (c), is Pub. L. 98-244, Mar. 26, 1984, 98 Stat. 107, which is classified generally to chapter 57 (§3701 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 3701 of this title and Tables.
- Foundation
- The term "Foundation" means the National Fish and Wildlife Foundation established by section 3701(a) of this title.
- Fund
- The term "Fund" means the National Oceans and Coastal Security Fund established under section 7503(a) of this title.