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31 CFR 128, Appendix A to Part 128 - Determination Made by National Advisory Council Pursuant to Section 2 (a) and (b) of E.O. 10033
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Pt. 128, App. A
Appendix A to Part 128—Determination Made by National Advisory
Council Pursuant to Section 2 (a) and (b) of E.O.
10033
I. Determination of the National Advisory Council pursuant to E.O.
10033
In an action dated September 7, 1965, the National Advisory Council on
International Monetary and Financial Problems made the following
determination pursuant to section 2(a) of E.O. 10033 of February 8, 1949.
Action 65 (E.O.)-49. The National Advisory Council, having consulted
with the Director of the Bureau of the Budget, determines the current information
with respect to international capital movements, derived from data on U.S.
liabilities to and claims on foreigners and transactions in securities with
foreigners, and current information with respect to U.S. gold holdings,
foreign-currency holdings, and dollar liabilities to foreigners, are essential in
order that the United States may comply with official requests of the International
Monetary Fund for information with respect to the U.S. balance of payments and
monetary reserves.
Action No. 320, March 17, 1949 is superseded by this determination and is hereby
revoked.
II. Designation of the Treasury Department by the Director of the Bureau of the
Budget pursuant to section 2(b) of E.O. 10033.
On December 1, 1965, the Treasury Department was designated, pursuant to section
2(b) of E.O. 10033 of February 8, 1949, to collect information for the International
Monetary Fund under the National Advisory Council determination of September 7,
1965. The letter containing the designation reads as follows:
December 1, 1965.
Hon. Henry H. Fowler,
Secretary of the Treasury, Washington, DC 20220.
Dear Mr. Secretary: On September 7, 1965, the National Advisory Council after
consultation with this Bureau in accordance with section 2(a) of Executive Order
10033, made the following determination (Action 65 (E.O.)-49:
“The National Advisory Council, having consulted with the Director of the Bureau of
the Budget, determines that current information with respect to international
capital movements, derived from data on U.S. liabilities to claims on foreigners and
transactions in securities with foreigners, and current information with respect to
U.S. gold holdings, foreign-currency holdings, and dollar liabilities to foreigners,
are essential in order that the United States may comply with official requests of
the International Monetary Fund for information with respect to the U.S. balance of
payments and monetary reserves.”
It is hereby determined pursuant to section 2(b) of Executive Order 10033, that the
Treasury Department shall collect information pertaining to capital movements
between the United States and foreign countries and pertaining to the monetary
reserves of the United States, except information pertaining to direct-investment
transactions, U.S. Government foreign lending operations, and claims and liabilities
of U.S. Government agencies (other than public debt obligations), which is collected
by the Department of Commerce.
This letter supersedes the earlier determination as to the responsibilities of the
Treasury Department in this area, dated April 21, 1949, as amended May 4, 1950.
Sincerely yours,
Raymond T. Bowman,
Assistant Director for Statistical Standards.
Title 31 published on 2012-07-01
no entries appear in the Federal Register after this date.
