31 C.F.R. § 560.209 Prohibited transactions with respect to the development of Iranian petroleum resources.
Title 31 - Money and Finance: Treasury
Except as otherwise authorized, and notwithstanding any contract entered into or any license or permit granted prior to March 16, 1995, the following are prohibited: (a) The entry into or performance by a United States person, or the approval by a United States person of the entry into or performance by an entity owned or controlled by a United States person, of: (1) A contract that includes overall supervision and management responsibility for the development of petroleum resources located in Iran, or (2) A guaranty of another person's performance under such contract; or (b) The entry into or performance by a United States person, or the approval by a United States person of the entry into or performance by an entity owned or controlled by a United States person, of (1) A contract for the financing of the development of petroleum resources located in Iran, or (2) A guaranty of another person's performance under such a contract.
Title 31: Money and Finance: Treasury
PART 560—IRANIAN TRANSACTIONS REGULATIONS
Subpart B—Prohibitions
§ 560.209 Prohibited transactions with respect to the development of Iranian petroleum resources.
