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PUBLIC LAW 91-508-OCT. 26, 1970
[84 STAT.
§126. Criminal penalty Whoever willfully violates any regulation under this chapter shall be fined not more than $1,000 or imprisoned not more than one year, or both. § 127. Additional criminal penalty in certain cases Whoever willfully violates any regulation under this chapter, secAnte, p. 1114. tion 21 of the Federal Deposit Insurance Act, or section 411 of the Ante, p. 1116. National Housing Act, where the violation is committed in furtherance of the commission of any violation of Federal law punishable by imprisonment for more than one year, shall be fined not more than $10,000 or imprisoned not more than five years, or both. § 128. Compliance The Secretary shall have the responsibility to assure compliance with the requirements of this title and may delegate such responsibility to the appropriate bank supervisory agency, or other supervisory agency. § 129. Administrative procedure The administrative procedure and judicial review provisions of 80 Stat. 381. subchapter II of chapter 5 and chapter 7 of title 5, United States Code, 5 USC 551,701. gjjg^jj apply to all proceedings under this chapter, section 21 of the Federal Deposit Insurance Act, and section 411 of the National Housing Act. TITLE II—EEPORTS OF CURRENCY AND FOREIGN TRANSACTIONS Chapter 1. 2. 3. 4.
Sec.
GENEKAL PROVISIONS DOMESTIC CTJRBENCY TRANSACTIONS REPORTS OF EXPORTS AND IMPORTS OP MONETARY INSTRUMENTS FOREIGN TRANSACTIONS
201 221 231 241
Chapter 1.—GENERAL PROVISIONS Sec. 201. 202. 203. 204. 205. 206. 207. 208. 209. 210. 211. 212. 213.
Citation of
Short title. Purpose. Definitions and rules of construction. Regulations. Compliance. Exemptions. Civil penalty. Injunctions. Criminal penalty. Additional criminal penalty in certain cases. I m m u n i t y of witnesses. Availability of information to other Federal agencies. Administrative procedure.
§201. Short title This title may be cited as the Currency and Foreign Transactions Reporting Act". §202. Purpose I t is the purpose of this title to require certain reports or records where such reports or records have a high degree of usefulness in criminal, tax, or regulatory investigations or proceedings. §203. Definitions and rules of construction (a) The definitions and rules of construction set forth in this section apply for the purposes of this title. (b) The term "Secretary" means the Secretary of the Treasury. (c) The term "person" includes natural persons, partnerships, trusts, estates, associations, corporations, and all entities cognizable
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