[Code of Federal Regulations]

[Title 31, Volume 1]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR103.60]



[Page 420]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

                       DEPARTMENT OF THE TREASURY

 

PART 103_FINANCIAL RECORDKEEPING AND REPORTING OF CURRENCY AND FOREIGN 

TRANSACTIONS--Table of Contents

 

                      Subpart E_General Provisions

 

Sec. 103.60  Enforcement authority with respect to transportation of 

currency or monetary instruments.



    (a) If a customs officer has reasonable cause to believe that there 

is a monetary instrument being transported without the filing of the 

report required by Sec. Sec. 103.23 and 103.25 of this chapter, he may 

stop and search, without a search warrant, a vehicle, vessel, aircraft, 

or other conveyance, envelope or other container, or person entering or 

departing from the United States with respect to which or whom the 

officer reasonably believes is transporting such instrument.

    (b) If the Secretary has reason to believe that currency or monetary 

instruments are in the process of transportation and with respect to 

which a report required under Sec. 103.23 has not been filed or 

contains material omissions or misstatements, he may apply to any court 

of competent jurisdiction for a search warrant. Upon a showing of 

probable cause, the court may issue a warrant authorizing the search of 

any or all of the following:

    (1) One or more designated persons.

    (2) One or more designated or described places or premises.

    (3) One or more designated or described letters, parcels, packages, 

or other physical objects.

    (4) One or more designated or described vehicles. Any application 

for a search warrant pursuant to this section shall be accompanied by 

allegations of fact supporting the application.

    (c) This section is not in derogation of the authority of the 

Secretary under any other law or regulation.



[37 FR 6912, Apr. 5, 1972, as amended at 50 FR 18479, May 1, 1985]