§ 123.23. Monetary value of shipments.
110 words·~1 min read·
/us/cfr/t22/s§ 123.23·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. \[70 FR 50963, Aug. 29, 2005\]