[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: 31CFR535.301]



[Page 145]

 

                  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 C_General Definitions

 

Sec. 535.301  Iran; Iranian Entity.





    (a) The term Iran and Iranian Entity includes:

    (1) The state and the Government of Iran as well as any political 

subdivision, agency, or instrumentality thereof or any territory, 

dependency, colony, protectorate, mandate, dominion, possession or place 

subject to the jurisdiction thereof;

    (2) Any partnership, association, corporation, or other organization 

substantially owned or controlled by any of the foregoing;

    (3) Any person to the extent that such person is, or has been, or to 

the extent that there is reasonable cause to believe that such person 

is, or has been, since the effective date acting or purporting to act 

directly or indirectly on behalf of any of the foregoing;

    (4) Any territory which on or since the effective date is controlled 

or occupied by the military, naval or police forces or other authority 

of Iran; and

    (5) Any other person or organization determined by the Secretary of 

the Treasury to be included within paragraph (a) of this section.

    (b) A person specified in paragraph (a)(2) of this section shall not 

be deemed to fall within the definition of Iran solely by reason of 

being located in, organized under the laws of, or having its principal 

place of business in, Iran.



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