[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR2601.301]

[Page 454]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
                CHAPTER XVI--OFFICE OF GOVERNMENT ETHICS
 
PART 2601_IMPLEMENTATION OF OFFICE OF GOVERNMENT ETHICS STATUTORY GIFT 
 
                    Subpart C_Accounting Requirements
 
Sec.  2601.301  Accounting of gifts.


    (a) The Administration Division shall ensure that gifts are properly 
accounted for by following appropriate internal controls and accounting 
procedures.
    (b) The Administration Division shall maintain an inventory of 
donated personal property valued at over $500. The inventory shall be 
updated each time an item is sold, excessed, destroyed or otherwise 
disposed of or discarded.
    (c) The Administration Division shall maintain a log of all gifts 
valued at over $500 accepted pursuant to this part. The log shall 
include, to the extent known:
    (1) The name and address of the donor;
    (2) A description of the gift; and
    (3) The date the gift is accepted.

  PART 2602_EMPLOYEE RESPONSIBILITIES AND CONDUCT, ADDENDUM [RESERVED]