[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: 31CFR545.301]



[Page 257]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 545_TALIBAN (AFGHANISTAN) SANCTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 545.301  Blocked account; blocked property.





    The terms blocked account and blocked property, shall mean any 

account or property subject to the prohibitions in Sec. 545.201 held in 

the name of the Taliban or persons whose property or interests in 

property are blocked pursuant to Sec. 545.201, or in which the Taliban 

or persons whose property or interests in property are blocked pursuant 

to Sec. 545.201 have 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.