COMPTROLLER INSTRUCTION NO. 17, REVISED

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-01370R000300070052-5
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 2
• Document Creation Date: December 9, 2016
• Document Release Date: July 18, 2000
• Sequence Number: 52
• Publication Date: March 27, 1958
• Content Type: MFR

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195$, Ness
discussed two questions raised by Mr.
in Connection with the currently proposed revision of
Comptroller Instruction No. 17,
Paragraph 7a (3) of the proposed revision provided
for the continuance of an existing provision of Comptroller
Instruction NO. 17 to the effect that collections identified
as sist profits of projects should be treated as Miscellaneous
aseelpts. advanced the view that the present
policy of treating refunds from projects (paragraph 4* (a)
of C. I. MO. 17, revised) as reverse expenditures also should
be followed with respect to not profits of prOects returned
to the Agency in the form of operating dividends. Muter
this policy, collections by the Agency representing net pro-
fits of projects should be treated as Misoollaneous Receipts
Agency*** investment in the project has been
view was predicated on the
saphy that under present concepts the funding
ld be considered a continuing activity until
e project - therefore returns of funds of
any character befor, liquidation should be offset against
ly made. This concept will provide comparable
reoords between a project which retains
resulting reduction in now funds injected
and a project which returns funds to the
e result that a correspondingly greater amount
t be injected into the project to carry on
It was Concluded that the proposed C. I. No.
wised to give effect to views in
3. Paragraph 7a (4) of the proposed revision provided
e continuance of an existing provision of C. I. No.
the effect that interest on leens and notes should be
as Miscellaneous Receipts. COnStstent with the
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Approved For Release 2002/05/02 : CIA-RDP80-01370R000
low
in par
(meted on
ection
off shoe
2 above, it vas
in instances 'where
a transaction
be applied as a
h writ., off until it is fully offset.
41. tequet to the nesting, we reviewed Mr. Souston's
moorsodno of jun. 1954 in which the following sentence
110941ers:
should be noted that funds in this fic.
be idoatif ted as net profits of a
transferred to Miscellaneous Receipts."
e conclusion stated in paragraph 2 above
*tent with the above quoted sentence
its to mean funds recovered by
ads invested in a particular project
it disowned with on
uded that we should submit CL1. Vo
lines proposed, to him for signature 25X1A9a
inal determination on the matter. Mt.
ed instruction as submitted.
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