Title 22, Foreign Relations and IntercourseRelease 119-110

§6823 Administration

Title 22 › CHAPTER 76 — ASSISTANCE TO COUNTRIES WITH LARGE POPULATIONS HAVING HIV/AIDS › SUBCHAPTER II — WORLD BANK AIDS TRUST FUND › Part A — Establishment of the Fund › § 6823

Last updated Sep 22, 2026|Official source

Summary

The Board of Trustees must pick an Administrator to run the Trust Fund every day. The Fund can seek and accept money from governments, businesses, and other groups. As part of the negotiations in section 6821(a), the Secretary of the Treasury must make sure the Bank or Association has ways to track and monitor how contributions are used, including administrative costs, and must agree on what kinds of programs the Fund will support. The Board must make rules for choosing projects and eligible recipients, set cost‑effective management procedures, and create rules to keep grant-making open and accountable. The Board must also quickly tell the public the Fund’s goals, finances, and how it operates.

Full Legal Text

Title 22, §6823

Foreign Relations and Intercourse, Source: USLM XML via OLRC

(a)Appointment of an Administrator (b) Authority to solicit and accept contributions

The Board of Trustees, in consultation with the appropriate officials of the Bank, should appoint an Administrator who should be responsible for managing the day-to-day operations of the Trust Fund.

(c)Accountability of funds and criteria for programs

As part of the negotiations described in section 6821(a) of this title, the Secretary of the Treasury shall, consistent with subsection (d)—

(1)take such actions as are necessary to ensure that the Bank or the Association will have in effect adequate procedures and standards to account for and monitor the use of funds contributed to the Trust Fund, including the cost of administering the Trust Fund; and

(2)seek agreement on the criteria that should be used to determine the programs and activities that should be assisted by the Trust Fund.

(d)Selection of projects and recipients

The Board of Trustees should establish—

(1)criteria for the selection of projects to receive support from the Trust Fund;

(2)standards and criteria regarding qualifications of recipients of such support;

(3)such rules and procedures as may be necessary for cost-effective management of the Trust Fund; and

(4)such rules and procedures as may be necessary to ensure transparency and accountability in the grant-making process.

(e)Transparency of operations

The Board of Trustees should ensure full and prompt public disclosure of the proposed objectives, financial organization, and operations of the Trust Fund.

Reference

Citations & Metadata

Citation

22 U.S.C. § 6823

Title 22, Foreign Relations and Intercourse

Last Updated

Sep 22, 2026

Release point: 119-110