[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: 31CFR575.301]



[Page 336]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 575_IRAQI SANCTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 575.301  Blocked account; blocked property.





    The terms blocked account and blocked property shall mean any 

account or property in which the Government of Iraq has an interest, and 

with respect to which payments, transfers, exportations, withdrawals, or 

other dealings may not be made or effected except pursuant to an 

authorization or license from OFAC authorizing such action.