[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: 31CFR586.307]



[Page 379]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 586_FEDERAL REPUBLIC OF YUGOSLAVIA (SERBIA & MONTENEGRO) KOSOVO 

SANCTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 586.307  Government of the Republic of Montenegro.



    The term Government of the Republic of Montenegro means the 

government of the Republic of Montenegro, including any subdivisions 

thereof or local governments therein, its agencies, instrumentalities 

and controlled entities, including all financial institutions and state-

owned and socially-owned entities organized or located in the Republic 

of Montenegro as of June 9, 1998, any successors to such entities, and 

their respective subsidiaries and branches, wherever located, and any 

persons acting or purporting to act for or on behalf of any of the 

foregoing.



    Note to Sec. 586.307: Section 586.516 authorizes all transactions 

by U.S. persons involving property or interests in property of the 

Government of the Republic of Montenegro, unless such property remains 

blocked pursuant to the Federal Republic of Yugoslavia (Serbia and 

Montenegro) and Bosnian Serb-Controlled Areas of the Republic of Bosnia 

and Herzegovina Sanctions Regulations, 31 CFR part 585 (see Sec. 

585.525).