[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: 31CFR596.101]



[Page 476]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 596_TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS--Table of 

Contents

 

      Subpart A_Relation of This Part to Other Laws and Regulations

 

Sec. 596.101  Relation of this part to other laws and regulations.





    (a) This part is separate from, and independent of, the other parts 

of this chapter with the exception of part 501 of this chapter, the 

recordkeeping and reporting requirements and license application and 

other procedures of which apply to this part. Differing foreign policy 

and national security contexts may result in differing interpretations 

of similar language among the parts of this chapter. Except as otherwise 

authorized in this part, no license or authorization contained in or 

issued pursuant to those other parts authorizes any transaction 

prohibited by this part. Except as otherwise authorized in this part, no 

license or authorization contained in or issued pursuant to any other 

provision of law or regulation authorizes any transaction prohibited by 

this part. See Sec. 596.503.

    (b) No license or authorization contained in or issued pursuant to 

this part relieves the involved parties from complying with any other 

applicable laws or regulations.



[61 FR 43463, Aug. 23, 1996, as amended at 62 FR 45112, Aug. 25, 1997]