[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: 31CFR585.207]



[Page 353]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 585_FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA AND MONTENEGRO) AND 

 

                         Subpart B_Prohibitions

 

Sec. 585.207  Prohibited transportation-related transactions involving 

the FRY (S&M).



    Except as otherwise authorized, the following are prohibited:

    (a) Any transaction by a U.S. person, or involving the use of U.S. 

registered vessels and aircraft, relating to transportation to or from 

the FRY (S&M);

    (b) The provision of transportation to or from the United States by:

    (1) Any person in the FRY (S&M) or

    (2) Any vessel or aircraft registered in the FRY (S&M), or

    (3) Any vessel in which a majority or controlling interest is held 

by a person or entity in or operating from the FRY (S&M), regardless of 

registry; or

    (c) The sale in the United States by any person holding authority 

under the Federal Aviation Act of 1958, as amended (49 U.S.C. 1301 et 

seq.) of any transportation by air that includes any stop in the FRY 

(S&M).

    (d) Example. Unless licensed or exempted, no U.S. person may insure, 

or provide ticketing, ground, port, refueling, bunkering, clearance, or 

freight forwarding services with respect to,

    (i) Any sea or air transportation the destination of which is the 

FRY (S&M), or which is intended to make a stop in the FRY (S&M), or

    (ii) Any vessel in which a majority or controlling interest is held 

by a person or entity in or operating from the FRY (S&M).