Pub. L. 83-519, tit. II, sec. 205

Pub. L. 83-519, tit. II, sec. 205

EnactedYear: 1954Length: 261 wordsOfficial source
Sec. 205. (a) Amounts received by the Government from sales, leases, or other disposals of property acquired under authority of this title in the performance by the Postmaster General of the functions vested in him by this title shall be credited to the current applicable appropriation of the Post Office Department and shall be available for expenditure for the purposes of this title: Provided, That any amount received by the Postmaster General from the sale of such property, under authority of this title, which exceeds the amount paid therefor from the appropriations for the Post Office Department, shall be covered into the Treasury as miscellaneous receipts. (b) Any amounts received by the Postmaster General from the sale, lease, or other disposal of real property acquired by the Government under authority of the Public Buildings Act of May 25, 1926 (44 Stat. 630), as amended, and the Public Buildings Act of 1949 (63 Stat. 176), as amended, which may be transferred to the Postmaster General, shall be disposed of in accordance with the provisions of section 321 of the Act entitled “An Act making appropriations for the Legislative Branch of the Government for the fiscal year ending June 30, 1933, and for other purposes” (47 Stat. 412; 40 U. S. C. 303b), section 5 of the Public Buildings Act of May 25, 1926, as amended (44 Stat. 633 ; 40 U. S. C. 345), or section 204 of the Federal Property and Administrative Services Act of 1949, as amended (63 Stat. 388; 40 U. S. C. 485), whichever section may be applicable.
Pub. L. 83-519, tit. II, sec. 205 | Justis AI