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7347035
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Administration of the International Investment Survey Act of 1976 [Executive Order]
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document
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1
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id
7347035
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contentType
document
title
Administration of the International Investment Survey Act of 1976 [Executive Order]
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White House Press Releases (Ford Administration)
Press Releases
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Executive orders
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7347035
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19
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1977-01-19
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1
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1977
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nara-archive
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1
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document
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7522bfb5d9c000ac
ocrText
FOR IMMEDIATE RELEASE
January 19, 1977
Office of the White House Press Secretary
THE WHITE HOUSE
EXECUTIVE ORDER
ADMINISTRATION OF THE INTERNATIONAL INVESTMENT
SURVEY ACT OF 1976
By virtue of the authority vested in me by the
International Investment Survey Act of 1976 (90 Stat.
2059, 22 U.S.C. 3101), and section 301 of title 3 of
the United States Code, and as President of the United
States of America, it is hereby ordered as follows:
Section 1. All the functions vested in the President
by the International Investment Survey Act of 1976
(90 Stat. 2059, 22 U.S.C. 3101), hereinafter referred
to as the Act, are hereby delegated to the Director
of the Office of Management and Budget, hereinafter
referred to as the Director. The Director may, from
time to time, designate other officers or agencies
of the Federal Government to perform any or all of
the functions hereby delegated to the Director, subject
to such instructions, limitations, and directions as
the Director deems appropriate.
Sec. 2. Subject to the provisions of section 1
of this order, and in the absence of any contrary
delegation or direction by the Director, the Secretary
of the Treasury, with respect to portfolio investment,
shall perform the functions set forth in sections
4(a) (1), (2), (4) and 4(c) of the Act.
Sec. 3. Subject to the provisions of section 1
of this order, and in the absence of any contrary
delegation or direction by the Director, the Secretary
of Commerce, with respect to direct investment, shall
perform the functions set forth in sections 4(a) (1),
(2), (4) and 4(b) of the Act.
Sec. 4. Subject to the provisions of section 1
of this order, and in the absence of any contrary
delegation or direction by the Director, the Council
on International Economic Policy shall perform the
function of making periodic reports to the Committees
of the Congress as set forth in Section (a) (3) of
the Act.
GERALD R. FORD
THE WHITE HOUSE,
January 19, 1977
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