[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: 31CFR550.316]



[Page 279]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 550_LIBYAN SANCTIONS REGULATIONS--Table of Contents

 

                          Subpart C_Definitions

 

Sec. 550.316  Blocked account; blocked property.



    The terms blocked account and blocked property shall mean any 

account or property in which the Government of Libya has an interest, 

with respect to which payments, transfers or withdrawals or other 

dealings may not be made or effected except pursuant to an authorization 

or license authorizing such action.



[51 FR 2464, Jan. 16, 1986]