[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: 31CFR591.305]



[Page 438]

 

                  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 C_General Definitions

 

Sec. 591.305  Licenses; general and specific.



    (a) Except as otherwise specified, the term license means any 

license or authorization contained in or issued pursuant to this part.

    (b) The term general license means any license or authorization the 

terms of which are set forth in subpart E of this part.

    (c) The term specific license means any license or authorization not 

set forth in subpart E of this part but issued pursuant to this part.



    Note to Sec. 591.305. See Sec. 501.801 of this chapter on 

licensing procedures.