31 C.F.R. § 515.550   Certain vessel transactions authorized.


Title 31 - Money and Finance: Treasury


Title 31: Money and Finance: Treasury
PART 515—CUBAN ASSETS CONTROL REGULATIONS
Subpart E—Licenses, Authorizations, and Statements of Licensing Policy

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§ 515.550   Certain vessel transactions authorized.

Unless a vessel has otherwise engaged in transactions that would prohibit entry pursuant to §515.207, §515.207 shall not apply to a vessel that is:

(a) Engaging in trade with Cuba authorized by licenses issued pursuant to §515.533 or §515.559; or

(b) Engaging in trade with Cuba that is exempt from the prohibitions of this part (see §515.206).

[64 FR 25813, May 13, 1999]

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