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Code · STATUTE-COMPILATIONS · National Security Act of 1947 · Sec. 505

Sec. 505. notice to congress of certain transfers of defense articles and defense services

404 words·~2 min read·/statute-compilations/comps-1493/sec-505

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## Sec. 505 notice to congress of certain transfers of defense articles and defense services **[**[50 U.S.C. 3095](/us/usc/t50/s3095)**]** ###
(a)####
(1)The transfer of a defense article or defense service, or the anticipated transfer in any fiscal year of any aggregation of defense articles or defense services, exceeding $1,000,000 in value by an intelligence agency to a recipient outside that agency shall be considered a significant anticipated intelligence activity for the purpose of this title. ####
(2)Paragraph
(1)does not apply if— #####
(A)the transfer is being made to a department, agency, or other entity of the United States (so long as there will not be a subsequent retransfer of the defense articles or defense services outside the United States Government in conjunction with an intelligence or intelligence-related activity); or #####
(B)the transfer— ######
(i)is being made pursuant to authorities contained in part II of the Foreign Assistance Act of 1961, the Arms Export Control Act, title 10 of the United States Code (including a law enacted pursuant to section 8677(a) of title 10), or the Federal Property and Administrative Services Act of 1949, and ######
(ii)is not being made in conjunction with an intelligence or intelligence-related activity. ####
(3)An intelligence agency may not transfer any defense articles or defense services outside the agency in conjunction with any intelligence or intelligence-related activity for which funds were denied by the Congress. ###
(b)As used in this section— ####
(1)the term “**intelligence agency**” means any department, agency, or other entity of the United States involved in intelligence or intelligence-related activities; ####
(2)the terms “**defense articles**” and “defense services” mean the items on the United States Munitions List pursuant to section 38 of the Arms Export Control Act (22 CFR part 121); ####
(3)the term “**transfer**” means— #####
(A)in the case of defense articles, the transfer of possession of those articles; and #####
(B)in the case of defense services, the provision of those services; and ####
(4)the term “**value**” means— #####
(A)in the case of defense articles, the greater of— ######
(i)the original acquisition cost to the United States Government, plus the cost of improvements or other modifications made by or on behalf of the Government; or ######
(ii)the replacement cost; and #####
(B)in the case of defense services, the full cost to the Government of providing the services.
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  • 22 CFR 121
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Sec. 505
notice to congress of certain transfers of defense articles and defense services
Cite22 CFR 121
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