63 STAT.] 81ST CONG., 1 ST SESS.-CH. 288-JUNE 30, 1949 of the appropriation from which it was purchased, (2) transfer excess property under its control to other Federal agencies, and (3) obtain excess property from other Federal agencies. (d) Under existing provisions of law and procedures defined by the Secretary of Defense, and without regard to the requirements of this section except subsection (f), excess property of one of the depart- ments of the National Military Establishment may be transferred to another department thereof. (e) Transfers of excess property between Federal agencies (except transfers for redistribution to other Federal agencies or for disposal as surplus property) shall be at the fair value thereof, as determined by, or pursuant to regulations of, the Administrator, unless such transfer is otherwise authorized by any law approved subsequent to June 21, 1944, to be without reimbursement or transfer of funds. (f) The Director of the Bureau of the Budget shall prescribe regu- lations providing for the reporting to said Director by executive agen- cies of such reassignments or transfers of property between activities financed by different appropriations as he shall deem appropriate, and the reassignments and transfers so reported shall be reported to the Congress in the annual budget or otherwise as said Director may determine. (g) Whenever the Administrator determines that the temporary assignment or reassignment of any space in excess real property to any Federal agency for office, storage, or related facilities would be more advantageous than the permanent transfer of such property, he may make such assignment or reassignment for such period of time as he shall determine and obtain, in the absence of appropriation avail- able to him therefor, appropriate reimbursement from the using agency for the expense of maintaining such space. (h) The Administrator may authorize the abandonment, destruc- tion, or donation to public bodies of property which has no commercial value or of which the estimated cost of continued care and handling would exceed the estimated proceeds from its sale. DISPOSAL OF SURPLUS PROPERTY SEC. 203. (a) Except as otherwise provided in this section, the Administrator shall have supervision and direction over the disposi- tion of surplus property. Such property shall be disposed of to such extent, at such time, in such areas, by such agencies, at such terms and conditions, and in such manner, as may be prescribed in or pursuant to this Act. (b) The care and handling of surplus property, pending its dispo- sition, and the disposal of surplus property, may be performed by the General Services Administration or, when so determined by the Administrator, by the executive agency in possession thereof or by any other executive agency consenting thereto. (c) Any executive agency designated or authorized by the Admin- istrator to dispose of surplus property may do so by sale, exchange, lease, permit, or transfer, for cash, credit, or other property, with or without warranty, and upon such other terms and conditions as the Administrator deems proper, and it may execute such documents for the transfer of title or other interest in property and take such other action as it deems necessary or proper to dispose of such property under the provisions of this title. (d) A deed, bill of sale, lease, or other instrument executed by or on behalf of any executive agency purporting to transfer title or any other interest in surplus property under this title shall be conclusive 81939° - 50 --PT . I-25 385 Property of National Military Establish- ment. Transfer of excess property. Report to Congress. Temporary assign- ment of space. Abandonment, etc., of property. Care and handling. Terms and condi- tions of disposal.