Page:United States Statutes at Large Volume 58 Part 1.djvu/801

 78TH CONG., 2D SESS.-CH. 479-OCT. 3, 1944 PRACTICE BY FORMER EMPLOYEES SEC. 27. No person employed by any Government agency, includ- ing commissioned officers assigned to duty in such agency, shall, during the period such person is engaged in such employment or service, or for a period of two years after the time when such employment or service has ceased, act as counsel, attorney, or agent, or be employed as representative, in connection with any matter involving the disposition of surplus property by the agency in which such person was employed, if such person during his employment with such agency ratified, approved, or authorized the disposition of any surplus property pursuant to the provisions of this Act or recommended any such approval, authorization, or ratification as part of his official duties. Any person violating the provisions of this section shall be fined not more than $10,000, or imprisoned for not more than one year, or both. STATUTE OF LIMITATIONS Smc. 28. The first section of the Act of August 24, 1942 (56 Stat. 747), as amended, is amended to read as follows: "The running of any existing statute of limitations applicable to any offense against the laws of the United States (1) involving defrauding or attempts to defraud the United States or any agency thereof whether by conspiracy or not, and in any manner, or (2) committed in connection with the negotiation, procurement, award, performance, payment for, interim financing cancelation or other termination or settlement, of any contract, subcontract, or purchase order which is connected with or related to the prosecution of the present war, or with any disposition of termination inventory by any war contractor or Government agency, or (3) committed in connection with the care and handling and disposal of property under the Surplus Property Act of 1944, shall be suspended until three years after the termination of hostilities in the present war as proclaimed by the President or by a concurrent resolution of the two Houses of Congress. This section shall apply to acts, offenses, or transactions where the existing statute of limitations has not yet fully run, but it shall not apply to acts, offenses, or transactions which are already barred by provisions of existing law." MISCELLANEOUS PROVISIONS SEO. 29. Surplus property disposals may be made without regard to any provision in existing law for competitive bidding, unless the Board shall determine that disposal by competitive bid will in a given case better effectuate the policy of the Act. DISPOSrrON OF PROCEEDs SEC. 30 . (a) All proceeds from any transfer or disposition of prop- erty under this Act shall be covered into the Treasury as miscellaneous receipts, except as provided in subsections (b), (c), and (d) of this section. (b) Where the property transferred or disposed of was acquired by the use of funds either not appropriated from the general fund of the Treasury or appropriated from the general fund of the Treasury but by law reimbursable from assessment, tax, or other revenue or receipts, then upon the request of the interested agency the net pro- ceeds of the disposition or transfer shall be credited to the reimbursable Ante, p. 667. Offenses against laws of U. 8. Competitive bid- dtX. Credit where prop- erty acquired by re- imbursable funds, etc. 58 STAT.] 781

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