10 U.S.C. § 432 : US Code - Section 432: Use, disposition, and auditing of funds
Search 10 U.S.C. § 432 : US Code - Section 432: Use, disposition, and auditing of funds
(a) Use of Funds. - Funds generated by a commercial activity
authorized pursuant to this subchapter may be used to offset
necessary and reasonable expenses arising from that activity. Use
of such funds for that purpose shall be kept to the minimum
necessary to conduct the activity concerned in a secure manner. Any
funds generated by the activity in excess of those required for
that purpose shall be deposited, as often as may be practicable,
into the Treasury as miscellaneous receipts.
(b) Audits. - (1) The Secretary of Defense shall assign an
organization within the Department of Defense to have auditing
responsibility with respect to activities authorized under this
subchapter.
(2) That organization shall audit the use and disposition of
funds generated by any commercial activity authorized under this
subchapter not less often than annually. The results of all such
audits shall be promptly reported to the intelligence committees
(as defined in section 437(d) of this title).
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