[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: 31CFR539.403]



[Page 211]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 539_WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS

--Table of Contents

 

                        Subpart D_Interpretations

 

Sec. 539.403  Transactions incidental to a licensed transaction.



    Any transaction ordinarily incident to a licensed transaction and 

necessary to give effect to the licensed transaction is also authorized 

by the license. Except as specifically authorized by the terms of the 

license, prohibited transactions involving designated foreign persons 

not named in the license are not considered incidental to a licensed 

transaction and therefore remain prohibited.