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Employee Purchase Prohibition

[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2002]
From the  Government Printing Office via GPO Access
[CITE: 5CFR3101.103]

[Page 662]

 

TITLE 5--ADMINISTRATIVE PERSONNEL

CHAPTER XXI--DEPARTMENT OF THE TREASURY

PART 3101--SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE DEPARTMENT OF THE TREASURY--Table of Contents

Sec. 3101.103 Prohibition on purchase of certain assets.

(a) General prohibition. Except as provided in paragraph 

(b) of this section, no employee of the Department of the Treasury shall purchase, directly or indirectly, property:

(1) Owned by the Government and under the control of the employee's bureau (or a bureau over which the employee exercises supervision); or

(2) Sold under the direction or incident to the functions of the employee's bureau.

(b) Exceptions. The prohibition in paragraph (a) of this section does not apply to the purchase of Government securities or items sold generally to the public at fixed prices, such as numismatic items produced by the United States Mint or foreign gifts deposited with the Department pursuant to 5 U.S.C. 7342 that an employee may purchase pursuant to 41 CFR part 101-49.