[Code of Federal Regulations]
[Title 31, Volume 2]
[Revised as of July 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR500.309]

[Page 522]
 
                  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. 500.309  Transactions.

    The phrase transactions which involve property in which any 
designated foreign country, or any national thereof, has any interest of 
any nature whatsoever, direct or indirect, includes, but not by way of 
limitation:
    (a) Any payment or transfer to any such designated foreign country 
or national thereof,
    (b) Any export or withdrawal from the United States to such 
designated foreign country, and
    (c) Any transfer of credit, or payment of an obligation, expressed 
in terms of the currency of such designated foreign country.