Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 41 - Public Contracts and Property Management |
Subtitle C - Federal Property Management Regulations System |
Chapter 101 - Federal Property Management Regulations |
SubChapter H - Utilization and Disposal |
Part 101-46 - Replacement of Personal Property Pursuant to the Exchange/Sale Authority |
Subpart 101-46.3 - Exchange/Sale Methods |
§ 101-46.302 - What are the accounting requirements for the proceeds of sale?
Latest version.
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Except as otherwise authorized by law, you must account for proceeds from sales of personal property disposed of under this part in accordance with the General Accounting Office Policy and Procedures Manual for Guidance of Federal Agencies, Title 7, Fiscal Procedures, Section 5.5D.