[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: 31CFR560.210]



[Page 300-301]

 

                  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. 560.210  Exempt transactions.



    (a) Personal communications. The prohibitions of Sec. Sec. 560.204 

and 560.206 do not apply to any postal, telegraphic, telephonic, or 

other personal communication, which does not involve the transfer of 

anything of value.

    (b) Humanitarian donations. The prohibitions of Sec. Sec. 560.204 

and 560.206 do not apply to donations by United States



[[Page 301]]



persons of articles, such as food, clothing, and medicine, intended to 

be used to relieve human suffering.

    (c) Information and informational materials. (1) The importation 

from any country and the exportation to any country of information and 

informational materials as defined in Sec. 560.315, whether commercial 

or otherwise, regardless of format or medium of transmission, are exempt 

from the prohibitions and regulations of this part.

    (2) This section does not exempt from regulation or authorize 

transactions related to information and informational materials not 

fully created and in existence at the date of the transactions, or to 

the substantive or artistic alteration or enhancement of informational 

materials, or to the provision of marketing and business consulting 

services. Transactions that are prohibited notwithstanding this section 

include, but are not limited to, payment of advances for information and 

informational materials not yet created and completed (with the 

exception of prepaid subscriptions for widely circulated magazines and 

other periodical publications), and provision of services to market, 

produce or co-produce, create or assist in the creation of information 

and informational materials.

    (3) This section does not exempt from regulation or authorize 

transactions incident to the exportation of software subject to the 

Export Administration Regulations (15 CFR parts 730-774).

    (4) This section does not exempt from regulation or authorize the 

exportation of goods (including software) or technology or the sale or 

leasing of telecommunications transmission facilities (such as satellite 

links or dedicated lines) where such exportation, sale or leasing is for 

use in the transmission of any data.

    (d) Travel. The prohibitions contained in this part do not apply to 

transactions ordinarily incident to travel to or from any country, 

including importation of accompanied baggage for personal use, 

maintenance within any country including payment of living expenses and 

acquisition of goods or services for personal use, and arrangement or 

facilitation of such travel including nonscheduled air, sea, or land 

voyages. This exemption extends to transactions with Iranian carriers 

and those involving group tours and payments in Iran made for 

transactions directly incident to travel.

    (e) Letters of Credit. Letters of credit and other financing 

agreements with respect to trade contracts in force as of May 6, 1995, 

may be performed pursuant to their terms with respect to underlying 

trade transactions occurring prior to 12:01 a.m. EDT, June 6, 1995. See 

Sec. 560.413.



[60 FR 47063, Sept. 11, 1995, as amended at 64 FR 20171, Apr. 26, 1999; 

64 FR 58791, Nov. 1, 1999]