[Code of Federal Regulations]
[Title 32, Volume 5, Parts 700 to 799]
[Revised as of  July 1, 1998]
From the U.S. Government Printing Office via GPO Access
[CITE: 32CFR736.7]

[Page 367]
 
                       TITLE 32--NATIONAL DEFENSE
 
                   CHAPTER VI--DEPARTMENT OF THE NAVY
 
PART 736--DISPOSITION OF PROPERTY--Table of Contents
 
Sec. 736.7  Approval by the Attorney General.

    Prior to the disposition, either competitively or by negotiation, to 
private interests of a plant or plants, or other property, which cost 
the Government $1,000,000 or more if real property, or $3,000,000 or 
more if personal property (other than a patent, process, technique or 
invention), or of patents, processes, techniques or inventions, 
irrespective of cost, the Department of the Navy must notify the 
Attorney General of the proposed disposal and the probable terms and 
conditions thereof. Within a reasonable time, in no event to exceed 
sixty days after receiving such notification, the Attorney General will 
advise the Department of the Navy, whether, insofar as he can determine, 
the proposed disposition would tend to create or maintain a situation 
inconsistent with the antitrust laws. In such cases, the Department of 
the Navy must obtain from the proposed purchaser information regarding 
its financial status, the anticipated use to be made of the property and 
any other information as may be required by the Attorney General; the 
award or final sale must be delayed until the Attorney General advises 
of his determination.