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§ 295. —  Standard of fineness of gold articles; deviation.



[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 15USC295]

 
                      TITLE 15--COMMERCE AND TRADE
 
    CHAPTER 8--FALSELY STAMPED GOLD OR SILVER OR GOODS MANUFACTURED 
                                THEREFROM
 
Sec. 295. Standard of fineness of gold articles; deviation

    In the case of articles of merchandise made in whole or in part of 
gold or of any of its alloys so imported into or exported from the 
United States, or so deposited in the United States mails for 
transmission, or so delivered for transportation to any common carrier, 
or so transported or caused to be transported as specified in section 
294 of this title, the actual fineness of such gold or alloy shall not 
be less by more than three one-thousandth parts than the fineness 
indicated by the mark stamped, branded, engraved, or printed upon any 
part of such article, or upon any tag, card, or label attached thereto, 
or upon any box, package, cover, or wrapper in which such article is 
incased or inclosed: Provided, That in any test for the ascertainment of 
the fineness of any article mentioned in this section, according to the 
foregoing standards, the part of the article taken for the test, 
analysis, or assay shall be such part or portion as does not contain or 
have attached thereto any solder or alloy of inferior fineness used for 
brazing or uniting the parts of said article: Provided further, That, in 
addition to the foregoing tests and standards, the actual fineness of 
the entire quantity of gold or of its alloys contained in an article 
mentioned in this section, including all solder and alloy of inferior 
fineness used for brazing or uniting the parts of such article (all such 
gold, alloys, and solder being assayed as one piece), shall not be less 
by more than three one-thousandth parts, in the case of a watchcase or 
flatware, or than seven one-thousandth parts, in the case of any other 
such article, than the fineness indicated by the mark stamped, branded, 
engraved, or imprinted upon such article, or upon any tag, card, or 
label attached thereto, or upon any box, package, cover, or wrapper in 
which such article is incased or inclosed, it being intended that the 
standards of fineness and the tests or methods for ascertaining the same 
provided in this section for articles mentioned therein shall be 
concurrent and not alternative.

(June 13, 1906, ch. 3289, Sec. 2, 34 Stat. 260; Pub. L. 94-450, Sec. 2, 
Oct. 1, 1976, 90 Stat. 1501.)


                               Amendments

    1976--Pub. L. 94-450 substituted ``three one-thousandth parts'' for 
``one-half of one carat'', ``in an article mentioned in this section'' 
for ``in such article'', ``than three one-thousandth parts, in the case 
of a watchcase or flatware, or than seven one-thousandth parts, in the 
case of any other such article,'' for ``than one carat'', struck out 
``in the case of any article mentioned in this section'' which followed 
``Provided, further, That'', and exception which permitted the actual 
fineness of gold or its alloys used for watchcases and flatware to be 
not less by more than three one-thousandth parts the fineness indicated 
by stamp or label.


                    Effective Date of 1976 Amendment

    Section 3 of Pub. L. 94-450 provided that: ``The amendments made by 
section 2 of this Act [amending this section] shall take effect five 
years after the date of enactment of this Act [Oct. 1, 1976] and shall 
not apply with respect to any article of merchandise which is sold by 
any manufacturer or importer before the effective date of such 
amendments.''

                  Section Referred to in Other Sections

    This section is referred to in sections 294, 298, 299, 300 of this 
title.



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