[Code of Federal Regulations]
[Title 27, Volume 1]
[Revised as of April 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 27CFR72.41]

[Page 1195-1196]
 
            TITLE 27--ALCOHOL, TOBACCO PRODUCTS AND FIREARMS
 
 CHAPTER I--ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF THE 
                                TREASURY
 
PART 72_DISPOSITION OF SEIZED PERSONAL PROPERTY--Table of Contents
 
            Subpart D_Remission or Mitigation of Forfeitures
 
Sec. 72.41  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 allowance of his petition, the value of the 
property or carrier involved in the allowed petition shall be considered 
to mean the value placed on said property or carrier pursuant to 
official appraisal thereof immediately following seizure: Provided, 
however, That if the petitioner desires an up-to-date re-appraisal made 
of the property or carrier, after notification as to the terms of 
allowance of the petition, and makes written request therefor, 
undertaking in said request to pay, or to be liable for, the total costs 
of such re-appraisal, the property or carrier shall be re-appraised 
officially in the same manner in which the original appraisal

[[Page 1196]]

was made, and the terms and conditions of allowance shall stand modified 
to the extent required by such re-appraisal.