[Code of Federal Regulations]
[Title 31, Volume 1]
[Revised as of July 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR103.83]

[Page 365-366]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
                      CHAPTER I--MONETARY OFFICES,
                       DEPARTMENT OF THE TREASURY
 
PART 103--FINANCIAL RECORDKEEPING AND REPORTING OF CURRENCY AND FOREIGN TRANSACTIONS--Table of Contents
 
                    Subpart G--Administrative Rulings
 
Sec. 103.83  Oral communications.

    (a) The Office of the Assistant Secretary (Enforcement) will not 
issue administrative rulings in response to oral requests. Oral opinions 
or advice by Treasury, the Customs Service, the Internal Revenue 
Service, the Office of the Comptroller of the Currency, or any other 
bank supervisory agency personnel, regarding the interpretation and 
application of this part, do not bind the Treasury Department and carry 
no precedential value.
    (b) A person who has made a ruling request in conformity with 
Sec. 103.81 may

[[Page 366]]

request an opportunity for oral discussion of the issues presented in 
the request. The request should be made to the Director, Office of 
Financial Enforcement, and any decision to grant such a conference is 
wholly within the discretion of the Director. Personal conferences or 
telephone conferences may be scheduled only for the purpose of affording 
the requester an opportunity to discuss freely and openly the matters 
set forth in the administrative ruling request. Accordingly, the 
conferees will not be bound by any argument or position advocated or 
agreed to, expressly or impliedly, during the conference. Any new 
arguments or facts put forth by the requester at the meeting must be 
reduced to writing by the requester and submitted in conformity with 
Sec. 103.81 before they may be considered in connection with the 
request.

(Approved by the Office of Management and Budget under control number 
1505-0105)

[52 FR 23979, June 26, 1987. Redesignated and amended at 64 FR 45451, 
45453, Aug. 20, 1999]