[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR500.306]

[Page 495-496]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 500--FOREIGN ASSETS CONTROL REGULATIONS--Table of Contents
 
                     Subpart C--General Definitions
 
Sec. 500.306  Specially designated national.

    (a) The term specially designated national shall mean:
    (1) Any person who is determined by the Secretary of the Treasury to 
be a specially designated national,
    (2) Any person who on or since the ``effective date'' has acted for 
or on behalf of the Government or authorities exercising control over 
any designated foreign country, or
    (3) Any partnership, association, corporation or other organization 
which on or since the ``effective date'' has been owned or controlled 
directly or indirectly by the Government or authorities exercising 
control over any designated foreign country or by any specially 
designated national.
    (b) [Reserved]

    Note to Sec. 500.306: Please refer to the appendices at the end of 
this chapter for listings of persons designated pursuant to this part. 
Section 501.807 of this chapter sets forth the procedures to be followed 
by persons seeking

[[Page 496]]

administrative reconsideration of their designation or that of a vessel 
as blocked, or who wish to assert that the circumstances resulting in 
the designation are no longer applicable.

[15 FR 9040, Dec. 19, 1950, as amended at 41 FR 16554, Apr. 20, 1976; 61 
FR 32938, June 26, 1996; 62 FR 45101, Aug. 25, 1997]