[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: 31CFR103.85]

[Page 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. 103.85  Issuing rulings.

    The Assistant Secretary (Enforcement), or his designee may issue a 
written ruling interpreting the relationship between part 103 and each 
situation for which such a ruling has been requested in conformity with 
Sec. 103.81. A ruling issued under this section shall bind the Treasury 
Department only in the event that the request describes a specifically 
identified actual situation. A ruling issued under this section shall 
have precedential value, and hence may be relied upon by others 
similarly situated, only if it is published or will be published by the 
Office of Financial Enforcement in the Federal Register. Rulings with 
precedential value will be published periodically in the Federal 
Register and yearly in the Appendix to this part. All rulings with 
precedential value will be available by mail to any person upon written 
request specifically identifying the ruling sought. Treasury will make 
every effort to respond to each requestor within 90 days of receiving a 
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]