---
kind: "section"
citation: "26 C.F.R. § 50.3"
title: "26"
number: "50.3"
heading: "General definitions and use of terms."
url: "https://uscodex.org/cfr/26/50.3"
---

# §50.3. General definitions and use of terms.


As used in the regulations in this part:

- (a) The term Act means “An Act to create the California Debris Commission and regulate hydraulic mining in the State of California” approved March 1, 1893, as amended, 27 Stat. 507; 34 Stat. 1001; 48 Stat. 1118; 52 Stat. 1040; 61 Stat. 501; [33 U.S.C. 661-687](/usc/33/661-687.md).
- (b) The term person means an individual, a trust, estate, partnership, company, or corporation.
- (c) The term Secretary means the Secretary of the Treasury.
- (d) The term Commissioner means the Commissioner of Internal Revenue.
- (e) The term district director means the district director of internal revenue.
- (f) The terms hydraulic mining and mining by the hydraulic process shall have the meaning and application given said terms in the State of California.
- (g) The term taxable year means the twelve-month period ending on August 31 of each year for which the tax imposed by the Act is payable.

## Notes

### Authority

Authority: Sec. 23, 27, Stat. 510, as amended; 33 U.S.C. 683.

### Source

Source: T.D. 6419, 24 FR 8546, Oct. 22, 1959, unless otherwise noted.