[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR102-42.40]

[Page 122]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
               CHAPTER 102--FEDERAL MANAGEMENT REGULATION
 
PART 102-42--UTILIZATION, DONATION, AND DISPOSAL OF FOREIGN GIFTS AND DECORATIONS--Table of Contents
 
                      Subpart A--General Provisions
 
Sec. 102-42.40  When is a commercial appraisal necessary?

    (a) A commercial appraisal is necessary when an employee indicates 
an interest in purchasing a gift or decoration and must be obtained 
before the gift or decoration is reported to GSA for screening.
    (b) GSA may also require the employing agency to obtain a commercial 
appraisal of a gift or decoration that the agency no longer needs before 
accepting the agency's report of the item as excess personal property.