The Accounting Officer may alienate, let or otherwise dispose assets of Parliament in accordance with the Delegation of Authority: Provided that—
(a) | any transfer of assets to another organ of state must be at market-related value or, where appropriate, free of charge; |
(b) | any selling of assets at market-related value must be by way of written quotations, a competitive bidding process or auction, whichever is the most efficient and effective, taking account of the costs of disposal; |
(c) | the highest possible value is negotiated for any trade-in of an asset for another asset; and |
(d) | any disposal of assets must take into account the public interest and be development-orientated. |