[Code of Federal Regulations]
[Title 31, Volume 3]
[Revised as of July 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR560.506]

[Page 302]
 
                  TITLE 31--MONEY AND FINANCE: TREASURY
 
 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY
 
PART 560_IRANIAN TRANSACTIONS REGULATIONS--Table of Contents
 
  Subpart E_Licenses, Authorizations and Statements of Licensing Policy
 
Sec. 560.506  Importation and exportation of certain gifts authorized.

    The importation into the United States of Iranian-origin goods from 
Iran or a third country, and the exportation from the United States to 
Iran of goods, are authorized for goods sent as gifts to persons 
provided that the value of the gift is not more than $100; the goods are 
of a type and in quantities normally given as gifts between individuals; 
and the goods are not controlled for chemical and biological weapons 
(CB), missile technology (MT), national security (NS), or nuclear 
proliferation (NP). See Commerce Control List, Export Administration 
Regulations (15 CFR part 774).

[64 FR 20174, Apr. 26, 1999]

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