[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: 31CFR591.203]



[Page 437]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 591_ROUGH DIAMONDS (LIBERIA) SANCTIONS REGULATIONS--Table of Contents

 

                         Subpart B_Prohibitions

 

Sec. 591.203  Evasions; attempts; conspiracies.



    (a) Except as otherwise authorized, and notwithstanding the 

existence of any rights or obligations conferred or imposed by any 

international agreement or any contract entered into or any license or 

permit granted prior to the effective date, any transaction by any 

United States person or within the United States on or after the 

effective date that evades or avoids, has the purpose of evading or 

avoiding, or attempts to violate any of the prohibitions set forth in 

this part is prohibited.

    (b) Except as otherwise authorized, and notwithstanding the 

existence of any rights or obligations conferred or imposed by any 

international agreement or any contract entered into or any license or 

permit granted prior to the effective date, any conspiracy formed for 

the purpose of engaging in a transaction prohibited by this part is 

prohibited.