40-U.S.C.-505

§505 – Exchange Or Transfer of Medical Supplies

Pathway

Title 40 > Subtitle I > Chapter 5 > Subchapter I > Section 505

Details

• Reference: Section 505
• Legend: §505 – Exchange Or Transfer of Medical Supplies
• USCode Year: 2013

Provision Content

(a) Excess Property Determination.—

(1) In general.—Medical materials or supplies an executive agency holds for national emergency purposes are considered excess property for purposes of subchapter II when the head of the agency determines that—

(A) the remaining storage or shelf life is too short to justify continued retention for national emergency purposes; and

(B) transfer or other disposal is in the national interest.

(2) Timing.—To the greatest extent practicable, the head of the agency shall make the determination in sufficient time to allow for the transfer or other disposal and use of medical materials or supplies before their shelf life expires and they are rendered unfit for human use.

(b) Transfer or Exchange.—

(1) In general.—In accordance with regulations the Administrator of General Services prescribes, medical materials or supplies considered excess property may be transferred to another federal agency or exchanged with another federal agency for other medical materials or supplies.

(2) Use of proceeds.—Any proceeds derived from a transfer under this section may be credited to the current applicable appropriation or fund of the transferor agency and shall be available only to purchase medical materials or supplies to be held for national emergency purposes.

(3) Disposal as surplus property.—If the materials or supplies are not transferred to or exchanged with another federal agency, they shall be disposed of as surplus property.

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1081.)

In subsection (a)(2), the words holding such medical materials or supplies and provided for in the first sentence of this subsection are omitted as unnecessary because of the reorganization of the revised section. The words in sufficient time to allow for are substituted for at such times as to insure . . . in sufficient time for clarity and to eliminate unnecessary words.

U.S. Encyclopedia of Law Coverage

Subchapter I – Procurement and Warehousing in the Legal Encyclopedia: Public Property

In this entry about Subchapter I – Procurement and Warehousing, find legal reference material, bibliographies and premiere content related to public property in the American Encyclopedia of Law, presenting a comprehensive view of the United States public property-specific issues, written by authorities in the field.

38-U.S.C.-8123 in the Legal Encyclopedia: Procurement

In this entry about 38-U.S.C.-8123, find legal reference material, bibliographies and premiere content related to procurement in the American Encyclopedia of Law, presenting a comprehensive view of the United States procurement-specific issues, written by authorities in the field.

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