Easier Numismatic Trade: New Import Rules for Coins and Currency
This bill amends regulations for importing numismatic materials like coins and paper money. It aims to facilitate lawful trade and collecting of these items while ensuring they are not products of illicit excavations. For citizens, this means clearer import rules and reduced documentation burdens for legitimate items.
Key points
The definition of numismatic materials (coins, paper money, medals) has been expanded in the law.
Requirements for proving lawful acquisition of numismatic materials during import have been simplified.
Customs officers cannot demand additional documents unless there is probable cause of false or fraudulent evidence.
Status:
Expired
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