[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: 31CFR550.403]

[Page 762]
 
                  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 D_Interpretations
 
Sec. 550.403  Extensions of credits or loans to Libya.

    (a) The prohibition in Sec. 550.205 applies to the unlicensed 
renewal of credits or loans in existence on the effective date.
    (b) The prohibition in Sec. 550.205 applies to credits or loans 
extended in any currency.