Page:United States Statutes at Large Volume 58 Part 1.djvu/800

 PUBLIC LAWS-CH. 479-OCT. 3, 1944 REPORTS TO CONGRESS SEC. 24. Within three months after the enactment of this Act, and thereafter in January, April, July, and October of each year, the Board shall submit to the Senate and House of Representatives a progress report on the exercise of its authority and discretion under this Act, the status of surplus property disposition, and such other pertinent information on the administration of the Act as will enable the Congress to evaluate its administration and the need for amend- ments and related legislation. TrrTL OF PURCHASEB SEC. 25. A deed, bill of sale, lease, or other instrument executed by or on behalf of any Government agency purporting to transfer title or any other interest in property under this Act shall be conclusive evidence of compliance with the provisions of this Act insofar as title or other interest of any bona fide purchasers for value, or lessees, as the case may be, is concerned. CrIL RExEDIES AND PENALTIES SEC. 26. (a) Where any property is disposed of in accordance with this Act and any regulations prescribed under this Act, no officer or employee of the Government shall (1) be liable with respect to such disposition except for his own fraud or (2) be accountable for the collection of any purchase price which is determined to be uncol- lectible by the agency responsible therefor. (b) Every person who shall use or engage in or cause to be used or engaged in any fraudulent trick, scheme, or device, for the purpose of securing or obtaining, or aiding to secure or obtain, for any person any payment, property, or other benefits from the United States or any Government agency in connection with the disposition of prop- erty under this Act; or who enters into an agreement, combination, or conspiracy to do any of the foregoing- (1) sall pay to the United States the sum of $2,000 for each such act, and double the amount of any damage which the United States may have sustained by reason thereof, together with the costs of suit; or (2) shall, if the United States shall so elect, pay to the United States, as liquidated damages, a sum equal to twice the consider- ation agreed to be given by such person to the United States or any Government agency; or (3) shall, if the United States shall so elect, restore to the United States the property thus secured and obtained and the United States shall retain as liquidated damages any consider- ation given to the United States or any Government agency for such property. (c) The several district courts of the United States, the District Court of the United States for the District of Columbia, and the sev- eral district courts of the Territories of the United States, within whose jurisdictional limits the person, or persons, doing or com- mitting such act, or any one of them, resides or shall be found, shall wheresoever such act may have been done or committed, have full power and jurisdiction to hear, try, and determine such suit. (d) The civil remedies provided in this section shall be in addition to all other criminal penalties and civil remedies provided by law. Personal liability. Fraud. Penaltiet. urlsdlction. 780 [58 STAT.

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