---
kind: "section"
citation: "12 C.F.R. § 264b.6"
title: "12"
number: "264b.6"
heading: "Requirements for gifts of more than minimal value."
url: "https://uscodex.org/cfr/12/264b.6"
---

# §264b.6. Requirements for gifts of more than minimal value.

- (a) **Tangible gifts.** Board employees must deposit tangible gifts of more than minimal value with the Office of the Secretary within 60 days of acceptance and assist in preparing a statement that contains the following information for each gift:
  - (1) The name and position of the Board employee;
  - (2) A brief description of the gift and the circumstances justifying acceptance;
  - (3) The identity, if known, of the foreign government and the name and position of the individual who presented the gift;
  - (4) The date of acceptance of the gift;
  - (5) The estimated value in the United States of the gift at the time of acceptance; and
  - (6) **The disposition or current location of the gift.**
- (b) **Travel or travel expenses without prior approval.** Board employees who accept a gift of travel or expenses for travel under [§ 264b.5(b)(2)](/cfr/12/264b.5.md?p=b-2) without the prior approval of the Administrative Governor must submit a report to the Office of the Secretary within 30 days of acceptance that contains the following information:
  - (1) The name and position of the Board employee;
  - (2) A brief description of the gift, including its estimated value, and the circumstances justifying acceptance; and
  - (3) The identity, if known, of the foreign government and the name and position of the individual who presented the gift.
- (c) **Reports to the Secretary of State.** The Office of the Secretary must report the information contained in the statements described in paragraphs [(a)](#a) and [(b)](#b) of this section to the Secretary of State, who must publish in the Federal Register not later than January 31 of each year a comprehensive listing of all such statements for gifts of more than minimal value that were received by federal employees during the preceding year.

## Notes

### Authority

Authority: 5 U.S.C. 552, 7342; 12 U.S.C. 248(i).

### Source

Source: 68 FR 68721, Dec. 10, 2003, unless otherwise noted.