[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR505.30]



[Page 84]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 505_REGULATIONS PROHIBITING TRANSACTIONS INVOLVING THE SHIPMENT 

OF CERTAIN MERCHANDISE BETWEEN FOREIGN COUNTRIES--Table of Contents

 

Sec. 505.30  Licenses.



    No regulation, ruling, instruction or license authorizes a 

transaction prohibited by Sec. 505.10 unless the regulation, ruling, 

instruction or license is issued by the Treasury Department and 

specifically refers to that section. For provisions relating to 

licensing procedures, see part 501, subpart E, of this chapter. 

Licensing actions taken pursuant to part 501 of this chapter with 

respect to the prohibitions contained in this part are considered 

actions taken pursuant to this part.



[18 FR 4291, July 23, 1953, as amended at 68 FR 53657, Sept. 11, 2003]