[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: 31CFR550.408]



[Page 281]

 

                  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 D_Interpretations

 

Sec. 550.408  Imports from third countries; transshipments.



    (a) Imports into the United States from third countries of goods 

containing raw materials or components of Libyan origin are not 

prohibited if those raw materials or components have been incorporated 

into manufactured products or otherwise substantially transformed in a 

third country.

    (b) Imports into the United States of goods of Libyan origin which 

have been transshipped through a third country without being 

incorporated into manufactured products or otherwise substantially 

transformed in a third country are prohibited.