---
kind: "section"
citation: "22 U.S.C. § 1937"
title: "22"
title_heading: "Foreign Relations and Intercourse"
number: "1937"
heading: "Irish counterpart account; approval of disposition"
release: "119-102"
url: "https://uscodex.org/usc/22/1937"
units:
  - "Chapter 24 — Mutual Security Program"
  - "Subchapter III — Economic Assistance"
  - "Part D — Special Assistance and Other Programs"
---

# §1937. Irish counterpart account; approval of disposition


Pursuant to section 1513(b)(6)[^1] of this title, the disposition within Ireland of the unencumbered balance, in the amount of approximately 6,000,000 Irish pounds, of the special account of Irish [funds](/usc/22/2431a.md?p=9) established under article IV of the Economic Cooperation [Agreement](/usc/22/2431a.md?p=7) between the [United States](/usc/22/1395.md?p=a-1) of America and Ireland, dated June 28, 1948, for the purposes of—

- (1) scholarship exchange between the [United States](/usc/22/1395.md?p=a-1) and Ireland;
- (2) other [programs](/usc/22/3383.md?p=6) and projects (including the establishment of an Agricultural Institute) to improve and develop the agricultural production and marketing potential of Ireland and to increase the production and efficiency of Irish industry; and
- (3) development [programs](/usc/22/3383.md?p=6) and projects in [aid](/usc/22/2421e.md?p=1) of the foregoing objectives,

is approved, as provided in the [agreement](/usc/22/2431a.md?p=7) between the Government of the [United States](/usc/22/1395.md?p=a-1) of America and the Government of Ireland, dated June 17, 1954.


## Footnotes

[^1]: See References in Text note below.

## Source credit

(Aug. 26, 1954, ch. 937, ch. II, § 417, 68 Stat. 849.)

## Notes

### Editorial Notes

### References in Text

Section 1513(b)(6) of this title, referred to in text, was repealed by section 542(a)(4) of act Aug. 26, 1954.
