Defense Security Cooperation Agency
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C9.2. - Financial Management Legal Provisions
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C9.2.1. Table C9.T1. provides a summary of the legal references for financial management of the SA program.

Table C9.T1. Financial Management Legal References

Legislation Subject

Arms Export Control Act, as amended (AECA), Section 3(c)(1)(A) (22 U.S.C. 2753(c)(1)(A))

Financing Eligibility

AECA, Section 21 (22 U.S.C. 2761)

Payment terms for FMS sales from stock

AECA, Section 22 (22 U.S.C. 2762)

Payment terms for FMS sales from procurement

AECA, Section 23 (22 U.S.C. 2763)

Foreign Military Financing (FMF) credits

AECA, Section 23 (22 U.S.C. 2763)

Guaranties (used with old Federal Financing Bank (FFB) credits)

AECA, Section 29 (22 U.S.C. 2769)

Design and Construction Services

AECA, Section 34 (22 U.S.C. 2774)
Executive Order (E.O.) 11958

Credit Standards and Criteria

AECA, Section 37 (22 U.S.C. 2777)

Fiscal Provisions - FMS Credits

AECA, Section 42(b) and (c) (22 U.S.C. 2791)

Coproduction/Licensed Production; Offshore Procurement

Foreign Assistance Act of 1961, as amended, Section 503 (22 U.S.C. 2311)

Military Assistance - General Authority

FAA, Section 541 (22 U.S.C. 2347)

International Military Education and Training (IMET)

FAA, Section 632 (22 U.S.C. 2392)

Allocation and Reimbursement Among Agencies

FAA, Section 644 (22 U.S.C. 2403)

Definitions

Annual Foreign Operations and Related Appropriations Acts

Authority and appropriated amounts for FMF and other FMS-related accounts

Restrictions/controls on the ability to execute FMS sales Congressional Notification

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