[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: 31CFR575.404]



[Page 340]

 

                  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 D_Interpretations

 

Sec. 575.404  Payments from blocked accounts to U.S. exporters and 

for other obligations prohibited.



    No debits may be made to a blocked account to pay obligations to 

U.S. persons or other persons, including payment for goods, technology 

or services exported prior to the effective date, except as authorized 

pursuant to this part.