[Code of Federal Regulations] [Title 41, Volume 2] [Revised as of July 1, 2005] From the U.S. Government Printing Office via GPO Access [CITE: 41CFR101-27.207-1] [Page 120] TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT CHAPTER 101--FEDERAL PROPERTY MANAGEMENT REGULATIONS PART 101-27_INVENTORY MANAGEMENT--Table of Contents Subpart 101-27.2_Management of Shelf-Life Materials Sec. 101-27.207-1 Agency controls. Agencies shall establish the necessary controls to identify shelf- life items on their stock records (and in other appropriate elements of their supply system), and shall determine the appropriate shelf life for other than GSA managed items. Shelf-life items shall be stored in such a way as to ensure that the oldest stock on hand is issued first. Agencies shall issue the oldest stock of shelf-life items first except when it is not feasible as in shipments to overseas activities. [40 FR 59596, Dec. 29, 1975]