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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 22 U.S.C. § 283j1 Audit us united_states_code code_section 22 FOREIGN RELATIONS AND INTERCOURSE 7 INTERNATIONAL BUREAUS, CONGRESSES, ETC. 283j1 22 U.S.C. § 283j1 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc22@119-100.zip /us/usc/t22/s283j1 data/legal/raw/us/code/title-22/usc22.xml 9394d658fbb1b3b3fa08ca69d0b70f90f0e80e23a5606031c8cfd0278764f61a b9c63ede722f5e0bf8eabfe9029e06e312ab9bcfd95c4d1424ed515baff1df83 c4948197190b89fefbb91ccefd2425bf2f4e633a151b97f411888db6da7503e1 2026-07-04 official
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22 U.S.C. § 283j1 - Audit

Text

(a) Establishment The Secretary of the Treasury shall instruct the United States Executive Director to propose the establishment by the Board of Executive Directors of a program of selective but continuing independent and comprehensive audit of the Inter-American Development Bank, in accordance with such terms of reference as the Board of Executive Directors itself (or through a subcommittee), may prescribe. Such proposal shall provide that the audit reports be submitted to the Board of Executive Directors and to the Board of Governors.

(b) Scope and standards The Secretary of the Treasury shall prepare the scope of the audit and the auditing and reporting standards for the use of the United States Executive Director in assisting in the formulation of the terms of reference.

(c) Reports The reports of the National Advisory Council on International Monetary and Financial Policies to the Congress shall include, among other things, an appraisal of the effectiveness of the implementation and administration of the loans made by the Bank based upon the audit reports. The Comptroller General may review the reports of audit and findings issued and report to the Secretary of the Treasury and the Congress any suggestions he might have in improving the scope of the audit or auditing and reporting standards of the independent auditing firm, group, or staff.

(Pub. L. 86147, § 14, as added Pub. L. 9088, § 1, Sept. 22, 1967, 81 Stat. 227; amended Pub. L. 104316, title I, § 111(b), Oct. 19, 1996, 110 Stat. 3833.)

Notes

Editorial Notes

Amendments1996—Subsec. (b). Pub. L. 104316 substituted “Secretary of the Treasury shall prepare” for “Comptroller General of the United States shall prepare for the Secretary of the Treasury”. Subsec. (c). Pub. L. 104316 substituted “may review” for “shall periodically review” in second sentence.