WreckRef wroteCan you catch and shoot with .3 in FIBA or are you just kidding all around?
FIBA Rules Book (2010)
16.2.5
The game clock must indicate 0:00.3 (three tenths of a second) or more for a player to gain control of the ball on a throw-in or on a rebound after the last or only free throw in order to attempt a shot for a field goal. If the game clock indicates 0:00.2 or 0:00.1 the only type of a valid field goal made is by tapping or directly dunking the ball.
The rule is the same in the NBA. For college and NFHS, the time period is .4.