31 C.F.R. § 585.505 Completion of certain transactions related to bankers acceptances authorized.
Title 31 - Money and Finance: Treasury
(a) Persons other that those whose property or interests in property are blocked pursuant to §585.201 are authorized to buy, sell, amd satisfy obligations with respect to bankers acceptances, and to pay under deferred payment undertakings, ralating to a proprty interest blocked pursuant to §585.201, as long as the bankers acceptances were created or the deferred payment undertakings were incurred prior to the effective date. (b) Persons other that those whose property or interests in property are blocked pursuant to §585.201 are authorized to buy, sell, amd satisfy obligations with respect to bankers acceptances, and to pay under deferred payment undertakings, relating to the importation or exportation of goods to or from the FRY (S&M) that do not involve a property interest blocked pursiant to §585.201, as long as the bankers acceptances or the deferred payment undertakings were accepted prior to the effective date. (c) Nothing in this section shall authorize or permit a debit to a blocked account. Specific licenses for the debiting of a blocked account may be issued on a case-by-case basis. [58 FR 13201, Mar. 10, 1993, as amended at 60 FR 34146, June 30, 1995]
Title 31: Money and Finance: Treasury
PART 585—FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA AND MONTENEGRO) AND BOSNIAN SERB-CONTROLLED AREAS OF THE REPUBLIC OF BOSNIA AND HERZEGOVINA SANCTIONS REGULATIONS
Subpart E—Licenses, Authorizations, and Statements of Licensing Policy
§ 585.505 Completion of certain transactions related to bankers acceptances authorized.
