[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: 31CFR560.303]



[Page 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 C_General Definitions

 

Sec. 560.303  Iran; Iranian.



    The term Iran means the territory of Iran, and any other territory 

or marine area, including the exclusive economic zone and continental 

shelf, over which the Government of Iran claims sovereignty, sovereign 

rights or jurisdiction, provided that the Government of Iran exercises 

partial or total de facto control over the area or derives a benefit 

from economic activity in the area pursuant to an international 

agreement. The term Iranian means pertaining to Iran as defined in this 

section.