§129.1. Purpose.
22 C.F.R. § 129.1
Section 38(b)(1)(A)(ii) of the Arms Export Control Act (22 U.S.C. 2778) provides that persons engaged in the business of brokering activities shall register and pay a registration fee as prescribed in regulations, and that no person may engage in the business of brokering activities without a license issued in accordance with the Act.
All brokering activities identified in this subchapter apply equally to those defense articles and defense services designated in § 121.1 of this subchapter and those items designated in 27 CFR 447.21 (U.S. Munitions Import List).
Notes, amendments, and revision history
Amendments
[78 FR 52690, Aug. 26, 2013, as amended at 85 FR 3833, Jan. 23, 2020]
Authority
Authority: Section 38, Pub. L. 104-164, 110 Stat. 1437, (22 U.S.C. 2778); E.O. 13637, 78 FR 16129.
Source
Source: 62 FR 67276, Dec. 24, 1997, unless otherwise noted.
Amendments
[78 FR 52690, Aug. 26, 2013, as amended at 85 FR 3833, Jan. 23, 2020]