Regulations last checked for updates: Oct 17, 2024

Title 26 - Internal Revenue last revised: Oct 10, 2024
§ 403.65 - Authority for destruction.

The Commissioner or his delegate is authorized to order the destruction of any coin-operated gaming device as defined in I.R.C. section 4462 upon which a tax is imposed by I.R.C. section 4461, after the expiration of three months from the date of consummation of administrative forfeiture under any provision of I.R.C.

(Sec. 7326, 72 Stat. 1429, as amended (26 U.S.C. 7326))
authority: Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805.
source: T.D. 7433, 41 FR 39312, Sept. 15, 1976, unless otherwise noted.
cite as: 26 CFR 403.65