31 C.F.R. § 542.403 Termination and acquisition of an interest in blocked property.
Title 31 - Money and Finance: Treasury
(a) Whenever a transaction licensed or authorized by or pursuant to this part results in the transfer of property (including any property interest) away from a person, such property shall no longer be deemed to be property blocked pursuant to §542.201(a), unless there exists in the property another interest that is blocked pursuant to §542.201(a) or any other part of this chapter, the transfer of which has not been effected pursuant to license or other authorization. (b) Unless otherwise specifically provided in a license or authorization issued pursuant to this part, if property (including any property interest) is transferred or attempted to be transferred to a person whose property or interests in property are blocked pursuant to §542.201(a), such property shall be deemed to be property in which that person has an interest and therefore blocked.
Title 31: Money and Finance: Treasury
PART 542—SYRIAN SANCTIONS REGULATIONS
Subpart D—Interpretations
§ 542.403 Termination and acquisition of an interest in blocked property.
