26 U.S.C. § 5753

Current through P.L. 118-47 (published on www.congress.gov on 03/23/2024)

Section 5753 - Disposal of forfeited, condemned, and abandoned tobacco products, and cigarette papers and tubes

If it appears that any forfeited, condemned, or abandoned tobacco products, or cigarette papers and tubes, when offered for sale, will not bring a price equal to the tax due and payable thereon, and the expenses incident to the sale thereof, such articles shall not be sold for consumption in the United States but shall be disposed of in accordance with such regulations as the Secretary shall prescribe.

26 U.S.C. § 5753

Aug. 16, 1954, ch. 736, 68A Stat. 716; Pub. L. 85-859, title II, §202, Sept. 2, 1958, 72 Stat. 1425; Pub. L. 89-44, title V, §502(b)(11), June 21, 1965, 79 Stat. 152; Pub. L. 94-455, title XIX, §1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834.

EDITORIAL NOTES

AMENDMENTS1976- Pub. L. 94-455 struck out "or his delegate" after "Secretary". 1965- Pub. L. 89-44 struck out references to tobacco materials wherever appearing in heading and text. 1958- Pub. L. 85-859 substituted "tobacco products, cigarette papers and tubes" for "articles" wherever appearing.

STATUTORY NOTES AND RELATED SUBSIDIARIES

EFFECTIVE DATE OF 1965 AMENDMENT Amendment by Pub. L. 89-44 applicable on and after January 1, 1966, see section 701(d) of Pub. L. 89-44 set out as a note under section 5701 of this title.

EFFECTIVE DATE OF 1958 AMENDMENT Amendment by Pub. L. 85-859 effective Sept. 3, 1958, see section 210(a)(1) of Pub. L. 85-859 set out as an Effective Date note under section 5001 of this title.

Secretary

The term "Secretary" means the Secretary of the Treasury or his delegate.