[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: 31CFR596.504]

[Page 953]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 596--TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS--Table of Contents
 
 Subpart E--Licenses, Authorizations and Statements of Licensing Policy
 
Sec. 596.504  Certain financial transactions with Terrorism List Governments authorized.

    (a) United States persons are authorized to engage in all financial 
transactions with a Terrorism List Government that is not otherwise 
subject to 31 CFR chapter V, except for a transfer from a Terrorism List 
Government:
    (1) Constituting a donation to a United States person; or
    (2) With respect to which the United States person knows (including 
knowledge based on advice from an agent of the United States 
Government), or has reasonable cause to believe, that the transfer poses 
a risk of furthering terrorist acts in the United States.
    (b) Nothing in this section authorizes the return of a transfer 
prohibited by paragraph (a)(2) of this section.