[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: 31CFR595.407]



[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. 595.407  Offshore transactions.



    The prohibitions contained in Sec. 595.201 apply to transactions by 

U.S. persons in locations outside the United States with respect to 

property which the U.S. person knows, or has reason to know, is held in 

the name of a specially designated terrorist, or in which the U.S. 

person knows, or has reason to know, a specially designated terrorist 

has or has had an interest since the effective date.