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50 USC CHAPTER 26 - GIFTS FOR DEFENSE PURPOSES 01/06/03

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TITLE 50 - WAR AND NATIONAL DEFENSE

CHAPTER 26 - GIFTS FOR DEFENSE PURPOSES

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CHAPTER 26 - GIFTS FOR DEFENSE PURPOSES

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50 USC Secs. 1151 to 1156 01/06/03

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TITLE 50 - WAR AND NATIONAL DEFENSE

CHAPTER 26 - GIFTS FOR DEFENSE PURPOSES

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Secs. 1151 to 1156. Repealed. Pub. L. 101-403, title II, Sec.

202(b), Oct. 1, 1990, 104 Stat. 874

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Section 1151, act July 27, 1954, ch. 582, Sec. 1, 68 Stat. 566,

authorized Secretary of the Treasury and Administrator of General

Services to accept gifts of money or property on behalf of the

United States made on condition that such gifts be used for

particular defense purposes. See section 2608 of Title 10, Armed

Forces.

Section 1152, act July 27, 1954, ch. 582, Sec. 2, 68 Stat. 566,

authorized Secretary of the Treasury and Administrator of General

Services to convert into money any gifts of property.

Section 1153, act July 27, 1954, ch. 582, Sec. 3, 68 Stat. 566,

established a special account in the Treasury for depositing gifts.

Section 1154, act July 27, 1954, ch. 582, Sec. 4, 68 Stat. 566,

directed Secretary of the Treasury to pay to various appropriation

accounts any moneys in the special account which in his judgment

would best effectuate the purpose of the gifts.

Section 1155, act July 27, 1954, ch. 582, Sec. 5, 68 Stat. 566,

directed Secretary of the Treasury and Administrator of General

Services to consult with interested Federal agencies in carrying

out this chapter.

Section 1156, act July 27, 1954, ch. 582, Sec. 6, 68 Stat. 566,

provided that nothing in this chapter was to be construed to modify

or repeal the authority to accept conditional gifts under any other

provision of law.

TRANSFER OF FUNDS

Section 202(c) of Pub. L. 101-403 provided that: "Any money in

the special account provided for in section 3 of the Act [former 50

U.S.C. 1153] referred to in subsection (b) [repealing this chapter]

on the date of the enactment of this Act [Oct. 1, 1990] shall be

credited to the Defense Cooperation Account provided for in section

2608(b) of title 10, United States Code, as added by subsection

(a)."

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