31 C.F.R. Subpart C—General Definitions
Title 31 - Money and Finance: Treasury
The term donation means a transfer made in the form of a gift or charitable contribution. The term effective date refers to the effective date of the applicable prohibitions and directives contained in this part which is 12:01 a.m. EDT, August 22, 1996. The term financial institution shall have the definition given that term in 31 U.S.C. 5312(a)(2) or the regulations promulgated thereunder, as from time to time amended. Note: The breadth of the definition precludes its reproduction in this section.
Title 31: Money and Finance: Treasury
PART 596—TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS
Subpart C—General Definitions
§ 596.301 Donation.
§ 596.302 Effective date.
§ 596.303 Financial institution.
§ 596.304 Financial transaction.
The term financial transaction shall have the meaning set forth in 18 U.S.C. 1956(c)(4), as from time to time amended. As of the effective date, this term includes:
(a) A transaction which in any way or degree affects interstate or foreign commerce;
(1) Involving the movement of funds by wire or other means; or
(2) Involving one or more monetary instruments; or
(3) Involving the transfer of title to any real property, vehicle, vessel, or aircraft; or
(b) A transaction involving the use of a financial institution which is engaged in, or the activities of which affect, interstate or foreign commerce in any way or degree.
§ 596.305 General license.
The term general license means any license or authorization the terms of which are set forth in this part.
§ 596.306 License.
Except as otherwise specified, the term license means any license or authorization contained in or issued pursuant to this part.
§ 596.307 Monetary instruments.
The term monetary instruments shall have the meaning set forth in 18 U.S.C. 1956(c)(5), as from time to time amended. As of the effective date, this term includes coin or currency of the United States or of any other country, travelers' checks, personal checks, bank checks, and money orders, or investment securities or negotiable instruments, in bearer form or otherwise in such form that title thereto passes upon delivery.
§ 596.308 Person; entity.
(a) The term person means an individual or entity.
(b) The term entity means a partnership, association, corporation, or other organization.
§ 596.309 Specific license.
The term specific license means any license or authorization not set forth in this part but issued pursuant to this part.
§ 596.310 Terrorism List Government.
The term Terrorism List Government includes:
(a) The government of a country designated under section 6(j) of the Export Administration Act, as well as any political subdivision, agency, or instrumentality thereof, including the central bank of such a country;
(b) Any entity owned or controlled by such a government.
§ 596.311 Transaction.
The term transaction shall have the meaning set forth in 18 U.S.C. 1956(c)(3), as from time to time amended. As of the effective date, this term includes a purchase, sale, loan, pledge, gift, transfer, delivery, or other disposition, and with respect to a financial institution includes a deposit, withdrawal, transfer between accounts, exchange of currency, loan, extension of credit, purchase or sale of any stock, bond, certificate of deposit, or other monetary instrument, use of a safe deposit box, or any other payment, transfer, or delivery by, through, or to a financial institution, by whatever means effected.
§ 596.312 United States.
The term United States means the United States, including its territories and possessions.
§ 596.313 United States person.
The term United States person means any United States citizen or national, permanent resident alien, juridical person organized under the laws of the United States, or any person in the United States.
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