June 25, 1996
The Office of Government Ethics is adopting as final, with certain amendments, interim rules issued in 1990 implementing a provision of the Ethics Reform Act of 1989, as amended, which provides for tax deferral in appropriate cases involving the sale of property to comply with conflict of interest requirements. The regulation sets forth OGE's procedure for issuing Certificates of Divestiture authorizing such sales, and defines the permitted property into which the proceeds from such sales must be reinvested. The amendments being made in this rulemaking document reflect certain technical amendments to the underlying statutory provision and some other changes based on OGE's experience under, as well as the comments received on, the interim regulation.
https://www.govinfo.gov/content/pkg/FR-1996-06-25/pdf/96-15970.pdf