[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: 31CFR595.405]



[Page 471]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 595_TERRORISM SANCTIONS REGULATIONS--Table of Contents

 

                        Subpart D_Interpretations

 

Sec. 595.405  Transactions incidental to a licensed transaction.



    Any transaction ordinarily incident to a licensed transaction and 

necessary to give effect thereto is also authorized, except a 

transaction by an unlicensed, specially designated terrorist or 

involving a debit to a blocked account or a transfer of blocked property 

not explicitly authorized within the terms of the license.