Prohibition on the Exportation, Melting, or Treatment of 5-Cent and One-Cent Coins
other · Treasury · Rule · Published 2006-12-20 · Effective 2006-12-20 · 71 FR 76148
Document
Document number
06-9777
Federal Register citation
71 FR 76148
CFR reference
31 CFR 82
Type
Rule
Action
Interim rule with request for comments.
Category
other
Sub-agency
Treasury
Publication date
2006-12-20
Effective date
2006-12-20
Abstract
To protect the coinage of the United States, this interim rule prohibits the exportation, melting, and treatment of 5-cent and one- cent coins. This interim rule is issued pursuant to 31 U.S.C. 5111(d), which authorizes the Secretary of the Treasury to prohibit or limit the exportation, melting, or treatment of United States coins when the Secretary decides the prohibition or limitation is necessary to protect the coinage of the United States. This interim rule is effective until April 14, 2007. The public is invited to comment until January 14, 2007. Thereafter, but prior to April 14, 2007, the Department of the Treasury will reevaluate the need for the rule in light of the public comments, and other relevant factors. Upon consideration of the public comments and other relevant factors, the Department of the Treasury may issue a final rule extending or modifying the provisions of this interim rule, or may allow the interim rule to expire without extension.