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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 22 - Foreign Relations |
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Chapter I - Department of State |
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SubChapter M - International Traffic in Arms Regulations |
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Part 123 - Licenses for the Export and Temporary Import of Defense Articles |
§ 123.23 - Monetary value of shipments.
Latest version.
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§ 123.23 Monetary value of shipments.
Port Directors of U.S. Customs and Border Protection shall permit the shipment of defense articles identified on any license when the total value of the export does not exceed the aggregate monetary value (not quantity) stated on the license by more than ten percent, provided that the additional monetary value does not make the total value of the license or other approval for the export of any major defense equipment sold under a contract reach $14,000,000 or more, and provided that the additional monetary value does not make defense articles or defense services sold under a contract reach the amount of $50,000,000 or more.
[70 FR 50963, Aug. 29, 2005]