[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: 31CFR541.301]



[Page 229-230]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 541_ZIMBABWE SANCTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 541.301  Blocked account; blocked property.





    The terms blocked account and blocked property shall mean any 

account or property subject to the prohibitions in



[[Page 230]]



Sec. 541.201 held in the name of a person whose property or interests 

in property are blocked pursuant to Sec. 541.201(a), or in which such 

person has an interest, and with respect to which payments, transfers, 

exportations, withdrawals, or other dealings may not be made or effected 

except pursuant to an authorization or license from the Office of 

Foreign Assets Control expressly authorizing such action.