41 C.F.R. Subpart D—Sale or Destruction of Foreign Gifts and Decorations
Title 41 - Public Contracts and Property Management
The Secretary of State or the Secretary's designee must approve any sale of foreign gifts or decorations (except sale of foreign gifts to the employee, that is approved in this part). Foreign gifts and decorations must be offered first through negotiated sales to the employee who has indicated an interest in purchasing the item. The sale price must be the commercially appraised value of the gift. Sales must be conducted and documented in accordance with part 102–38 of this subchapter B. [68 FR 56496, Sept. 4, 2003, as amended at 71 FR 28778, May 18, 2006] A public sale is authorized if a foreign gift or decoration: (a) Survives Federal utilization screening; (b) Is not purchased by the employee; (c) Survives donation screening; and (d) Is approved by the Secretary of State or designee. The proceeds from the sale of foreign gifts or decorations must be deposited in the Treasury as miscellaneous receipts, unless otherwise authorized. Yes, foreign gifts or decorations that are not sold under this part may be destroyed and disposed of as scrap or for their material content under part 102–38 of this subchapter B. [65 FR 45539, July 24, 2000, as amended at 71 FR 28778, May 18, 2006]
Title 41: Public Contracts and Property Management
PART 102–42—UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS AND DECORATIONS
Subpart D—Sale or Destruction of Foreign Gifts and Decorations
§ 102-42.135 Whose approval must be obtained before a foreign gift or decoration is offered for public sale?
§ 102-42.140 How is a sale of a foreign gift or decoration to an employee conducted?
§ 102-42.145 When is public sale of a foreign gift or decoration authorized?
§ 102-42.150 What happens to proceeds from sales?
§ 102-42.155 Can foreign gifts or decorations be destroyed?
