[Code of Federal Regulations] [Title 31, Volume 2] [Revised as of July 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 31CFR500.101] [Page 519-523] 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 A_Relation of This Part to Other Laws and Regulations Sec. 500.101 Relation of this part to other laws and regulations. -------------------------------------------------------------------- Part Page 500 Foreign assets control regulations.......... 521 501 Reporting, procedures and penalties regulations............................. 561 505 Regulations prohibiting transactions involving the shipment of certain merchandise between foreign countries... 598 515 Cuban assets control regulations............ 599 535 Iranian assets control regulations.......... 648 536 Narcotics trafficking sanctions regulations. 673 537 Burmese sanctions regulations............... 685 538 Sudanese sanctions regulations.............. 694 539 Weapons of mass destruction trade control regulations............................. 716 540 Highly enriched uranium (HEU) agreement assets control regulations.............. 724 545 Tabilan (Afghanistan) sanctions regulations. 734 550 Libyan sanctions regulations................ 755 560 Iranian transactions regulations............ 779 575 Iraqi sanctions regulations................. 812 585 Federal Republic of Yugoslavia (Serbia and Montenegro) and Bosnian Serb-controlled areas of the Republic of Bosnia and Herzegovina sanctions regulations....... 827 586 Federal Republic of Yugoslavia (Serbia & Montenegro) Kosovo sanctions regulations 853 587 Federal Republic of Yugoslavia (Serbia and Montenegro) Milosevic sanctions regulations............................. 872 588 Western Balkans stabilization regulations... 885 590 Angola (UNITA) sanctions regulations........ 898 591 Rough diamonds (Liberia) sanctions regulations............................. 916 592 Rough diamonds control regulations.......... 923 594 Global terrorism sanctions regulations...... 930 595 Terrorism sanctions regulations............. 944 596 Terrorism List Governments sanctions regulations............................. 955 597 Foreign terrorist organizations sanctions regulations............................. 960 [[Page 520]] 598 Foreign narcotics kingpin sanctions regulations............................. 970 Appendixes to Chapter V--Note............................... 982 Appendix A to Chapter V--Alphabetical Listing of Blocked Persons, Specially Designated Nationals, Specially Designated Terrorists, Foreign Terrorist Organizations, and Specially Designated Narcotics Traffickers............ 983 Appendix B to Chapter V--Alphabetical Listing of Vessels That Are the Property of Blocked Persons or Specially Designated Nationals...................................... 1289 [[Page 521]] Subpart A_Relation of This Part to Other Laws and Regulations Sec. 500.101 Relation of this part to other laws and regulations. Subpart B_Prohibitions 500.201 Transactions involving designated foreign countries or their nationals; effective date. 500.202 Transactions with respect to securities registered or inscribed in the name of a designated national. 500.203 Effect of transfers violating the provisions of this chapter. 500.204 Importation of and dealings in certain merchandise. 500.205 Holding of certain types of blocked property in interest-bearing accounts. 500.206 Exemption of information and informational materials. Subpart C_General Definitions 500.301 Foreign country. 500.302 National. 500.303 Nationals of more than one foreign country. 500.305 Designated national. 500.306 Specially designated national. 500.307 Unblocked national. 500.308 Person. 500.309 Transactions. 500.310 Transfer. 500.311 Property; property interests. 500.312 Interest. 500.313 Property subject to the jurisdiction of the United States. 500.314 Banking institution. 500.316 License. 500.317 General license. 500.318 Specific license. 500.319 Blocked account. 500.320 Domestic bank. 500.321 United States; continental United States. 500.322 Authorized trade territory; member of the authorized trade territory. 500.323 Occupied area. 500.325 National securities exchange. 500.326 Custody of safe deposit boxes. 500.327 Blocked estate of a decedent. 500.328 Status of those portions of Korea under control of the government of the Republic of Korea; and of the diplomatic and consular representatives of those countries. 500.329 Person subject to the jurisdiction of the United States. 500.330 Person within the United States. 500.331 Merchandise. 500.332 Information and informational materials. Subpart D_Interpretations 500.401 Reference to amended sections. 500.402 Effect of amendment of sections of this chapter or of other orders, etc. 500.403 Termination and acquisition of the interest of a designated national. 500.404 Transactions between principal and agent. 500.405 Exportation of securities, etc. to designated foreign countries. 500.406 Drafts under irrevocable letters of credit; documentary drafts. 500.407 Administration of blocked estates of decedents. 500.408 Access to certain safe deposit boxes prohibited. 500.409 Certain payments to designated foreign countries and nationals through third countries. 500.410 Currency, coins, and postage and other stamps. 500.411 Dealings abroad in commodities subject to the Regulations. 500.412 Process vs. manufacture. 500.413 Participation in certain development projects in Vietnam. Subpart E_Licenses, Authorizations and Statements of Licensing Policy 500.501 General and specific licensing procedures. 500.502 Effect of subsequent license or authorization. 500.503 Exclusion from licenses and authorizations. 500.504 Certain judicial proceedings with respect to property of designated nationals. 500.505 Certain persons unblocked. 500.506-500.507 [Reserved] 500.508 Payments to blocked accounts in domestic banks. 500.509 Entries in certain accounts for normal service charges. 500.510 Payments to the United States, States and political subdivisions. 500.511 Transactions by certain business enterprises. 500.513 Purchase and sale of certain securities. 500.514 Payment of dividends and interest on and redemption and collection of securities. 500.515 Transfers of securities to blocked accounts in domestic banks. 500.516 Voting and soliciting of proxies on securities. 500.517 Access to safe deposit boxes under certain conditions. 500.518 Payments for living, traveling, and similar personal expenses in the United States. [[Page 522]] 500.519 Limited payments from accounts of United States citizens abroad. 500.520 Payments from accounts of United States citizens in employ of United States in foreign countries and certain other persons. 500.521 Certain remittances for necessary living expenses. 500.522 Certain remittances to United States citizens in foreign countries. 500.523 Transactions incident to the administration of decedents' estates. 500.524 Payment from, and transactions in the administration of certain trusts and estates. 500.525 Certain transfers by operation of law. 500.526 Transactions involving blocked life insurance policies. 500.527 Certain transactions with respect to United States patents, trademarks, and copyrights. 500.528 Certain transactions with respect to blocked foreign patents, trademarks and copyrights authorized. 500.529 Powers of attorney. 500.530 Exportation of powers of attorney or instructions relating to certain types of transactions. 500.533 Exportations, reexportations, and incidental transactions. 500.535 Exchange of certain securities. 500.536 Certain transactions with respect to merchandise affected by Sec. 500.204. 500.549 Proof of origin. 500.550 Transactions related to information and informational materials. 500.551 Reimports. 500.552 Research samples. 500.553 Prior contractual commitments not a basis for licensing. 500.554 Gifts of North Korean, North Vietnamese, Cambodian, or South Vietnamese origin. 500.556 Joint bank accounts. 500.557 Proceeds of insurance policies. 500.558 Accounts of blocked partnerships. 500.559 Accounts of North Korean, North Vietnamese, Cambodian or South Vietnamese sole proprietorships. 500.560 Bank accounts of official representatives of foreign governments in North Korea, North Viet-Nam, Cambodia, or South Viet-Nam. 500.561 Transfers of abandoned property under State laws. 500.562 [Reserved] 500.563 Transactions incident to travel to and within North Korea. 500.564 [Reserved] 500.565 Family remittances to nationals of Vietnam and Cambodia. 500.566 Certain transactions authorized on behalf of North Korean nationals incident to their travel and maintenance expenses. 500.567 U.S. assets of certain designated country corporations. 500.568 U.S. assets of blocked decedents. 500.569 [Reserved] 500.570 Cambodian property unblocked. 500.571 Transactions related to telecommunications authorized. 500.572 Humanitarian projects authorized. 500.573 Certain donations of funds and goods to meet basic human needs authorized. 500.574 Executory contracts and related transactions authorized. 500.575 Certain services to Vietnamese nationals authorized. 500.576 Authorization of transactions concerning certain development projects in Vietnam. 500.577 Authorization of bank transactions with respect to Vietnam by certain international organizations. 500.578 Vietnamese property unblocked. 500.579 Authorization for release of certain blocked transfers by banking institutions subject to U.S. jurisdiction. 500.580 Authorization of U.S. dollar clearing transactions involving North Korea. 500.581 Financial transactions related to diplomatic missions authorized. 500.582 Importation of North Korean-origin magnesite and magnesia. 500.583 News organization offices. 500.584 Energy sector projects in North Korea. 500.585 Payments for services rendered by North Korea to United States aircraft authorized. 500.586 Authorization of new transactions concerning certain North Korean property. Subpart F_Reports 500.601 Records and reports. 500.602 Reporting of claims of U.S. nationals against North Korea. Subpart G_Penalties 500.701 Penalties. Subpart H_Procedures 500.801 Procedures. 500.802 Delegation by the Secretary of the Treasury. 500.803 Customs procedures; merchandise specified in Sec. 500.204. Subpart I_Miscellaneous Provisions 500.901 Paperwork Reduction Act notice. Appendix A to Part 500--Qualifying International Institutions Authority: 18 U.S.C. 2332d; 31 U.S.C. 321(b); 50 U.S.C. App. 1-44; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); E.O. 9193, 7 FR 5205, [[Page 523]] 3 CFR, 1938-1943 Comp., p. 1174; E.O. 9989, 13 FR 4891, 3 CFR, 1943-1948 Comp., p.748. Source: 15 FR 9040, Dec. 19, 1950, unless otherwise noted. (a) This part is separate from, and independent of, the other parts of this chapter with the exception of part 501 of this chapter, the recordkeeping and reporting requirements and license application and other procedures of which apply to this part. No license or authorization contained in or issued pursuant to one of those parts, or any other provision of law, authorizes any transaction prohibited by this part. (b) No license or authorization contained in or issued pursuant to this part shall be deemed to authorize any transaction prohibited by any law other than the Trading With the Enemy Act, 50 U.S.C. App. 5(b), as amended, the Foreign Assistance Act of 1961, 22 U.S.C. 2370, or any proclamation, order, regulation or license issued pursuant thereto. [50 FR 27436, July 3, 1985, as amended at 62 FR 45101, Aug. 25, 1997]