[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: 31CFR537.503] [Page 681] TITLE 31--MONEY AND FINANCE: TREASURY CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY PART 537--BURMESE SANCTIONS REGULATIONS--Table of Contents Subpart E--Licenses, Authorizations, and Statements of Licensing Policy Sec. 537.503 Exclusion from licenses and authorizations. The Director of the Office of Foreign Assets Control reserves the right to exclude any person, property, or transaction from the operation of any license, or from the privileges therein conferred, or to restrict the applicability thereof with respect to particular persons, property, transactions, or classes thereof. Such action shall be binding upon all persons receiving actual or constructive notice of such exclusion or restriction.