40 USC 314: Sale of war supplies, lands, and buildings

40 USC 314: Sale of war supplies, lands, and buildings Text contains those laws in effect on January 2, 2001

From Title 40-PUBLIC BUILDINGS, PROPERTY, AND WORKSCHAPTER 4-THE PUBLIC PROPERTY

§314. Sale of war supplies, lands, and buildings

The President is authorized, through the head of any executive department, to sell, upon such terms as the head of such department shall deem expedient, to any person, partnership, association, corporation, or any other department of the Government, or to any foreign State or Government, engaged in war against any Government with which the United States is at war, any war supplies, material and equipment, and any by-products thereof, and any building, plant or factory, acquired since April sixth, nineteen hundred and seventeen, including the lands upon which the plant or factory may be situated, for the production of such war supplies, materials, and equipment which, during the emergency existing July 9, 1918, may have been purchased, acquired, or manufactured by the United States: Provided further, That sales of guns and ammunition made under the authority contained in this section or any other Act shall be limited to sales to other departments of the Government and to foreign States or Governments engaged in war against any Government with which the United States is at war, and to members of the National Rifle Association and of other recognized associations organized in the United States for the encouragement of small-arms target practice.

(July 9, 1918, ch. 143, 40 Stat. 850 ; Feb. 25, 1919, ch. 39, §3, 40 Stat. 1173 ; May 29, 1928, ch. 901, §1(8), 45 Stat. 986 ; Aug. 7, 1946, ch. 770, §1(55), 60 Stat. 870 .)

Amendments

1946-Act Aug. 7, 1946, repealed same provisions, relating to reports to Congress, which were repealed by act May 29, 1928.

1928-Act May 29, 1928, discontinued report required by act July 9, 1918, to be made to Congress of money received by sales of supplies, materials, equipment, or other property purchased, acquired, or manufactured, in the United States in connection with the prosecution of the war.

1919-Act Feb. 25, 1919, repealed following proviso: "Any moneys received by the United States as the proceeds of any such sale shall be deposited to the credit of that appropriation out of which was paid the cost to the Government of the property thus sold, and the same shall immediately become available for the purposes named in the original appropriation."