For purpose of this part, the term “debt-for-nature exchange” means the cancellation or redemption of the foreign debt of the government of a country in exchange for—
(1)that government’s making available local currencies (including through the issuance of bonds) which are used only for eligible projects involving the conservation or protection of the environment in that country (as described in section
2283 of this title); or
(2)that government’s financial resource or policy commitment to take certain specified actions to ensure the restoration, protection, or sustainable use of natural resources within that country; or
(3)a combination of assets and actions under both paragraphs (1) and (2).
2283 of this title, referred to in par. (1), was in the original “section
463”, meaning section 463 ofPub. L. 87–195, which has been translated as meaning section 463 ofPub. L. 87–195relating to eligible projects rather than section 463 ofPub. L. 87–195, relating to the peace process in Central America, which is classified to section
2273 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.