[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: 31CFR560.205]



[Page 299-300]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 560_IRANIAN TRANSACTIONS REGULATIONS--Table of Contents

 

                         Subpart B_Prohibitions

 

Sec. 560.205  Prohibited reexportation of goods, technology or services 



to Iran or the Government of Iran by persons other than United States 

persons; 

          exceptions.



    (a) Except as otherwise authorized pursuant to this part, and 

notwithstanding any contract entered into or any license or permit 

granted prior to May 7, 1995, the reexportation from a third country, 

directly or indirectly, by a person other than a United States person, 

of any goods, technology or services that have been exported from the 

United States is prohibited, if:

    (1) Undertaken with knowledge or reason to know that the 

reexportation is intended specifically for Iran or the Government of 

Iran; and

    (2) The exportation of such goods, technology, or services from the 

United States to Iran was subject to export license application 

requirements under any United States regulations in effect on May 6, 

1995, or thereafter is made subject to such requirements imposed 

independently of this part (see Sec. 560.414).

    (b) The prohibitions of paragraph (a) of this section shall not 

apply to those goods or that technology subject to export license 

application requirements if such goods or technology have been:

    (1) Substantially transformed into a foreign-made product outside 

the United States; or

    (2) Incorporated into a foreign-made product outside the United 

States if the aggregate value of such goods and technology described in 

paragraph (a)(2) of this section constitutes less



[[Page 300]]



than 10 percent of the total value of the foreign-made product to be 

exported from a third country (see Sec. 560.420).

    (c) Reexportation by United States persons or from the United States 

is governed by other sections in this part, including Sec. Sec. 560.204 

and 560.206.



    Note to Sec. 560.205. The reexportation of U.S.-origin goods or 

technology, including U.S.-origin goods or technology that have been 

incorporated or substantially transformed into a foreign-made product, 

not prohibited by this section, may require authorization by the U.S. 

Department of Commerce under the Export Administration Regulations (15 

CFR parts 740-774) or by the U.S. State Department under the 

International Traffic in Arms Regulations (22 CFR 123.9).



[64 FR 20170, Apr. 26, 1999]