For example, IARC evaluated methyleugenol as possibly carcinogenic to humans (Group 2B). However, it occurs naturally in a variety of spices and herbs, including basil and tarragon.
In European Union, Regulation EC 1334/2008 establishes substances which shall not be added as such to food and maximum levels of certain substances, naturally present (Annex III). For example, the maximum level of methyleugenol is 20 mg/kg dairy products.
However, how do we estimate the risk of eating basil leaves (or other plants)?
http://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32008R1334&rid=3