§ 101-43.310-2 - Proceeds.  


Latest version.
  • (a) The proceeds of a reimbursable transfer shall be paid to the transferor agency where:

    (1) The transferor agency acquired the property with funds not appropriated from the general fund of the Treasury;

    (2) The transferor agency is the USPS;

    (3) The transferor agency is a wholly owned or a mixed-ownership Government corporation as defined in the Government Corporation Control Act (31 U.S.C. 841);

    (4) The transferor agency is the municipal government of the District of Columbia;

    (5) The transferor agency is a non-Federal agency for which GSA procures;

    (6) The transferor agency acquired the property with appropriated funds, but by law is authorized to recover the proceeds;

    (7) The property is transferred under the exchange/sale authority; or

    (8) The property transferred is the private property of a nonappropriated fund activity.

    (b) The proceeds of a reimbursable transfer shall be deposited to miscellaneous receipts in the U.S. Treasury by the transferee agency in all cases where the transferor agency acquired the property with appropriated funds but has no specific authority to recover the proceeds. A copy of the deposit action shall be furnished to the transferor agency.