[Code of Federal Regulations]
[Title 19, Volume 2]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR147.47]

[Page 133-134]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 147--TRADE FAIRS--Table of Contents
 
          Subpart E--Disposition of Articles Entered for Fairs
 
Sec. 147.47  Mandatory abandonment.

    Any article entered for a fair, and not disposed of under the 
provisions of this subpart prior to the expiration of 3 months after the 
close of the fair shall be regarded as abandoned to the Government, and 
subject to sale or destruction. Proceeds of sale shall be disposed of in 
the manner provided in sections 491, 492, and 493, Tariff Act of 1930, 
as amended, and the regulations thereunder. (See subpart D of part 127 
of this chapter.) Any duties or internal revenue taxes on such article 
shall be computed on the basis of its condition

[[Page 134]]

and quantity at the time it becomes subject to sale.

[T.D. 70-134, 35 FR 9268, June 13, 1970, as amended by T.D. 74-114, 39 
FR 12095, Apr. 3, 1974]