§ 129.1 - Purpose.

§ 129.1 Purpose.

Cross Reference

Link to an amendment published at 85 FR 3833, Jan. 23, 2020.

(a) Section 38(b)(1)(A)(ii) of the Arms Export Control Act (22 U.S.C. 2778) provides that persons engaged in the business of brokering activities shall register and pay a registration fee as prescribed in regulations, and that no person may engage in the business of brokering activities without a license issued in accordance with the Act.

(b) The All brokering activities identified in this subchapter apply equally to those defense articles and defense services controlled for purposes of export on the U.S. Munitions List (see part 121 of this subchapter) or for purposes of permanent import on the designated in § 121.1 of this subchapter and those items designated in 27 CFR 447.21 (U.S. Munitions Import List (see 27 CFR part 447).

[78 FR 52690, Aug. 26, 2013, as amended at 85 FR 3833, Jan. 23, 2020]