[Code of Federal Regulations]
[Title 26, Volume 18]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR403.45]

[Page 775]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 403--DISPOSITION OF SEIZED PERSONAL PROPERTY--Table of Contents
 
            Subpart D--Remission or Mitigation of Forfeitures
 
Sec. 403.45  Re-appraisal of property involved in an allowed petition.

    In determining the nature and extent of the relief to be afforded a 
petitioner pursuant to Sec. 403.44 the value of the property with 
respect to which the petition has been allowed is the value of such 
property as determined by the appraisal thereof made pursuant to 
Sec. 403.26(a)(2) but if the petitioner desires re-appraisal of the 
property, after notification as to the conditions of allowances of the 
petition, and makes written request therefor, undertaking in such 
request to pay, or to be liable for, the total costs of such re-
appraisal, the property shall be re-appraised in the manner in which the 
original appraisal was made, and the conditions of allowance of the 
petition shall be modified to the extent required by such re-appraisal.