[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: 31CFR585.311]

[Page 838]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
     PART 585--FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA AND MONTENEGRO) AND BOSNIAN SERB-CONTROLLED AREAS OF THE REPUBLIC OF BOSNIA AND HERZEGOVINA SANCTIONS 
REGULATIONS--Table of Contents
 
                     Subpart C--General Definitions
 
Sec. 585.311  Government of the FRY (S&M).

    The term Government of the FRY (S&M) includes:
    (a) The state and the Government of the FRY (S&M), the Government of 
Serbia, and the Government of Montenegro, including any subdivisions 
thereof or local governments therein, their respective agencies or 
instrumentalities, including the National Bank of Yugoslavia, the 
Yugoslav National Army, the Yugoslav Chamber of Economy, the National 
Bank of Serbia, the Serbian Chamber of Economy, the National Bank of 
Montenegro, and the Montenegrin Chamber of Economy;
    (b) Any entity owned or controlled by the foregoing. For purposes of 
the prohibitions of this part, all entities located in or organized 
under the laws of any jurisdiction within the FRY (S&M) are presumed to 
be controlled by the Government of the FRY (S&M), unless proven 
otherwise;
    (c) Any person to the extent that such person is, or has been, or to 
the extent that there is reasonable cause to believe that such person 
is, or has been, since the effective date, acting or purporting to act, 
directly or indirectly, on behalf of any of the foregoing; and
    (d) Any person or organization determined by the Director of the 
Office of Foreign Assets Control to be included within this section, or 
owned or controlled by such a person or organization.
    Note to Sec. 585.311: Please refer to the appendices at the end of 
this chapter for listings of persons designated pursuant to this part, 
and pursuant to Sec. 585.201(c) with respect to the Bosnian Serbs. 
Section 501.807 of this chapter sets forth the procedures to be followed 
by persons seeking administrative reconsideration of their designation, 
or who wish to assert that the circumstances resulting in the 
designation are no longer applicable.

[58 FR 13201, Mar. 10, 1993, as amended at 61 FR 32938, June 26, 1996; 
62 FR 45110, Aug. 25, 1997]