[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: 31CFR550.316]

[Page 761]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 550_LIBYAN SANCTIONS REGULATIONS--Table of Contents
 
                          Subpart C_Definitions
 
Sec. 550.316  Blocked account; blocked property.

    The terms blocked account and blocked property shall mean any 
account or property in which the Government of Libya has an interest, 
with respect to which payments, transfers or withdrawals or other 
dealings may not be made or effected except pursuant to an authorization 
or license authorizing such action.

[51 FR 2464, Jan. 16, 1986]