[Code of Federal Regulations]
[Title 31, Volume 1]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR103.58]

[Page 415]
 
                  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 E_General Provisions
 
Sec. 103.58  Forfeiture of currency or monetary instruments.

    Any currency or other monetary instruments which are in the process 
of any transportation with respect to which a report is required under 
Sec. 103.23 are subject to seizure and forfeiture to the United States 
if such report has not been filed as required in Sec. 103.25, or 
contains material omissions or misstatements. The Secretary may, in his 
sole discretion, remit or mitigate any such forfeiture in whole or in 
part upon such terms and conditions as he deems reasonable.