[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: 31CFR594.508]



[Page 461]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 594_GLOBAL TERRORISM SANCTIONS REGULATIONS--Table of Contents

 

  Subpart E_Licenses, Authorizations and Statements of Licensing Policy

 

Sec. 594.508  Transactions related to telecommunications authorized.



    All transactions ordinarily incident to the receipt or transmission 

of telecommunications involving persons whose property or interests in 

property are blocked pursuant to Sec. 594.201(a) are authorized, 

provided that any payment owed to any such person is paid into a blocked 

account in a U.S. financial institution. This section does not authorize 

the provision, sale, or lease to persons whose property or interests in 

property are blocked pursuant to Sec. 594.201(a) of telecommunications 

equipment or technology; nor does it authorize the provision, sale, or 

leasing of capacity on telecommunications transmission facilities (such 

as satellite or terrestrial network connectivity).