§ 5304 - Regulations

CHAPTER 53— MONETARY TRANSACTIONS › SUBCHAPTER I— CREDIT AND MONETARY EXPANSION

With the approval of the President, the Secretary of the Treasury may prescribe regulations—

(1) to carry out section 5301 of this title; and

(2) the Secretary considers necessary to carry out section 5302 of this title.

Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 530431:822.May 12, 1933, ch. 25, § 44, 48 Stat. 53. 31:822b.Jan. 30, 1934, ch. 6, § 11, 48 Stat. 342.

Before clause (1), the words “prescribe regulations” are substituted for “make and promulgate rules and regulations” in 31:822 and “issue . . . such rules and regulations” in 31:822b for consistency. In clause (1), the words “to carry out” are substituted for “covering any action taken or to be taken by the President under” in 31:822 to eliminate unnecessary words. In clause (2), the words “or proper” in 31:822b and “the purposes of” are omitted as surplus. Reference to 31:821 is omitted as obsolete because silver is no longer coined. Reference to 31:824 is omitted as obsolete because 31:824 is executed and is not part of the revised title.