31 C.F.R. § 500.533   Exportations, reexportations, and incidental transactions.


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 500—FOREIGN ASSETS CONTROL REGULATIONS
Subpart E—Licenses, Authorizations and Statements of Licensing Policy

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§ 500.533   Exportations, reexportations, and incidental transactions.

(a) All transactions ordinarily incident to the exportation of goods, software, or technology (including technical data) from the United States or reexportation of U.S.-origin goods, software, or technology from a foreign country to any person in a designated foreign country or to the government of a designated foreign country, are hereby authorized, provided that the exportation or reexportation is licensed or otherwise authorized by the Department of Commerce under the Export Administration Regulations (15 CFR parts 730–799).

(b) The general license does not authorize the financing of any transaction from a blocked account.

Note to §500.533: See note to §500.586(b).

[65 FR 38165, June 19, 2000]

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