Page:United States Statutes at Large Volume 116 Part 2.djvu/345

 PUBLIC LAW 107-217—AUG. 21, 2002 116 STAT. 1127 destruction, or donation of foreign excess property if the property has no commercial value or if estimated costs of care and handling exceed the estimated proceeds from sede. (c) ADVERTISING.—The head of an executive agency may dispose of foreign excess property without advertising if the head of the executive agency finds that disposal without advertising is the most practicable and advantageous means for the Federal Government to dispose of the property. (d) TRANSFER OF TITLE.—The head of an executive agency may execute documents to transfer title or other interests in, and take other action necessary or proper to dispose of, foreign excess property. § 705. Handling of proceeds from disposal (a) IN GENERAL.— T h is section applies to proceeds from the sale, lease, or other disposition of foreign excess property under this chapter. (b) FOREIGN CURRENCIES OR CREDITS.— Proceeds in the form of foreign currencies or credits, must be administered in accordance with procedures that the Secretary of the Treasury may establish. (c) UNITED STATES CURRENCY.— (1) SEPARATE FUND IN TREASURY.—Section 572(a) of this title applies to proceeds of foreign excess property disposed of for United States currency under this chapter. (2) DEPOSITED IN TREASURY AS MISCELLANEOUS RECEIPTS. — Except as provided in paragraph (1), proceeds in the form of United States currency, including foreign currencies or credits that are reduced to United States currency, must be deposited in the Treasury as miscellaneous receipts. (d) SPECIAL ACCOUNT FOR REFUNDS OR PAYMENTS FOR BREACH. — (1) DEPOSITS. —^A federal agency that disposes of foreign excess property under this chapter may deposit, in a special account in the Treasury, amounts of the proceeds of the dispositions that the agency decides are necessary to permit— (A) appropriate refunds to purchasers for dispositions that are rescinded or that do not become final; and (B) payments for breach of warranty. (2) WITHDRAWALS. —^A federal agency that deposits proceeds in a special account under paragraph (1) may withdraw amounts to be refunded or paid from the account without regard to the origin of the amounts withdrawn. CHAPTER 9—URBAN LAND USE Sec. 901. Purpose and policy. 902. Defmitions. 903. Acquisition and use. 904. Disposal. 905. Waiver. § 901. Purpose and policy The purpose of this chapter is to promote harmonious intergovernmental relations and encourage sound planning, zoning, and land use practices by prescribing uniform policies and procedures for the Administrator of General Services to acquire, use, and dispose of land in urban areas. To the greatest extent practicable, urban land transactions entered into for the General Services Administration and other federal agencies shall be consistent with zoning

�