[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: 31CFR535.101]



[Page 137]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 535_IRANIAN ASSETS CONTROL REGULATIONS--Table of Contents

 

      Subpart A_Relation of This Part to Other Laws and Regulations

 

Sec. 535.101  Relation of this part to other laws and regulations.





    (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 such parts shall be 

deemed to authorize any transaction prohibited by this part, nor shall 

any license or authorization issued pursuant to any other provision of 

law (except this part) be deemed to authorize any transaction so 

prohibited.

    (b) No license or authorization contained in or issued pursuant to 

this part shall be deemed to authorize any transaction to the extent 

that it is prohibited by reason of the provisions of any law or any 

statute other than the International Emergency Economic Powers Act, as 

amended, or any proclamation order or regulation other than those 

contained in or issued pursuant to this part.



[44 FR 65956, Nov. 15, 1979, as amended at 62 FR 45107, Aug. 25, 1997]