scope:

INTRODUCTION

Objectives. The objective of this chapter is to set forth procedures which will assure that cash is available to liquidate Foreign Military Sales (FMS) Trust Fund obligations as disbursements are due. Except as authorized by law, funds appropriated by the Congress for Defense purposes cannot be used to liquidate obligations resulting from the use of FMS Trust Fund contract authority. The cash requirements (outlay authority) of each FMS Trust Fund purchaser must be met by that purchaser, by United States Government (USG) appropriations made available to finance the FMS Trust Fund purchases, or by a third-party payer.