(3) Valuables.— (A) Definition .— The term “valuables” means any articles or things or representatives of value— (i) in which the Government, its executive departments, independent establishments, and agencies, including wholly owned Government corporations, and officers and employees of the Government or its executive departments, independent establishments, and agencies while acting in their official capacity, have any interest, or in connection with which they have any obligation or responsibility; and (ii) which the Secretary of the Treasury declares to be valuables within the meaning of this chapter. (B) Requirement for declaring articles or things valuable .— The Secretary shall not declare articles or things that are lost, destroyed, or damaged in the course of shipment to be valuables unless the Secretary determines that replacement of the articles or things in accordance with the procedure established in this chapter would be in the public interest.


40 USC § 17301(3)

Scoping language

in this chapter
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