[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: 31CFR560.407]



[Page 304-305]

 

                  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 D_Interpretations

 

Sec. 560.407  Transactions related to Iranian-origin goods.



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

containing Iranian-origin raw materials or components is not prohibited 

if those raw materials or components have been incorporated into 

manufactured products or substantially transformed in a third country by 

a person other than a United States person.

    (b) Transactions relating to Iranian-origin goods that have not been 

incorporated into manufactured products or substantially transformed in 

a third country are prohibited.

    (c) Transactions relating to goods containing Iranian-origin raw 

materials or components are not prohibited if those raw materials or 

components



[[Page 305]]



have been incorporated into manufactured products or substantially 

transformed in a third country by a person other than a United States 

person.