LEGISLATIVE PROPOSAL

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP84B00049R000802160018-1
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Document Release Date: August 25, 2006
• Sequence Number: 18
• Content Type: MISC

Approved For Release 2006/08/29: CIA-RDP84B00049R000802160018-1
LEGISLATIVE PROPOSAL
information as.is requested by the agency:
information set forth below as well as such add " ona
1. it shall be unlawful for any person having been engaged
in intelligence activities as an officer or an employee of the
any agency in the Intelligence Community, for a period of five
years after his government service has ceased, to enter into,
either directly or indirectly, any financial transaction or
relationship with a foreign government for the purpose of
furnishing,* advising or assisting said government with respect. to
military, intelligence or security matters, without first having
made application to and having received approval from the last
agency with which he served in such capacity.
2. (a) With respect to such application, the person
seeking approval under subsection one herein shall submit the
The foreign governm_ ent-`involved, -
identification of persons on whose behalf
the applicants shall be acting,
anticipated duration of the proposed
activity, and financial details_
concerning the transaction.
(b) It shall be unlawful to make any untrue statement
of a material fact or to omit a material fact, or to
engage in any practice which operates as a fraud or
deceit upon the Agency or to fail to amend such
applications as circumstances change with respect to
such applications as are made under subsection 2(a).
herein.
An additional statement shall be filed by 30 January of
each year during the duration of any activity approved
.under this section and shall include all relevant
changes concerning such activity or indicate that no
change has occurred.
3. Violation of this statute shall be punishable by a fine
of not more than $10,000 or imprisonment for not more.than two -
years, or both.
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