[Code of Federal Regulations]
[Title 12, Volume 3]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 12CFR264b.8]

[Page 777]
 
                       TITLE 12--BANKS AND BANKING
 
                   CHAPTER II--FEDERAL RESERVE SYSTEM
 
PART 264b--RULES REGARDING FOREIGN GIFTS AND DECORATIONS--Table of Contents
 
Sec. 264b.8  Implementing procedures.

    The Board shall:
    (a) Report to the Attorney General cases in which there is reason to 
believe that a Board Member or employee has violated this section;
    (b) Establish a procedure in the Office of the Secretary of the 
Board for obtaining an appraisal, when necessary, of the value of gifts; 
and
    (c) Take any other actions necessary to carry out the purpose of 
this subsection, including appropriate disciplinary action for failure 
to comply with provisions of this part.