---
kind: "section"
citation: "31 C.F.R. § 515.336"
title: "31"
number: "515.336"
heading: "Confiscated."
url: "https://uscodex.org/cfr/31/515.336"
---

# §515.336. Confiscated.


As used in [§ 515.208](/cfr/31/515.208.md), the term confiscated refers to:

- (a) The nationalization, expropriation, or other seizure by the Cuban Government of ownership or control of property, on or after January 1, 1959:
  - (1) Without the property having been returned or adequate and effective compensation provided; or
  - (2) Without the claim to the property having been settled pursuant to an international claims settlement agreement or other mutually accepted settlement procedure; and
- (b) The repudiation by the Cuban Government of, the default by the Cuban Government on, or the failure of the Cuban Government to pay, on or after January 1, 1959:
  - (1) A debt of any enterprise which has been nationalized, expropriated, or otherwise taken by the Cuban Government;
  - (2) A debt which is a charge on property nationalized, expropriated, or otherwise taken by the Cuban Government; or
  - (3) A debt which was incurred by the Cuban Government in satisfaction or settlement of a confiscated property claim.

## Notes

### Amendments

[61 FR 37386, July 18, 1996]

### Authority

Authority: 22 U.S.C. 2370(a), 6001-6010, 7201-7211; 31 U.S.C. 321(b); 50 U.S.C. 4301-4341; Pub. L. 101-410, 104 Stat. 890 (28 U.S.C. 2461 note); 22 U.S.C. 6021-6091; Pub. L. 105-277, 112 Stat. 2681; Pub. L. 111-8, 123 Stat. 524; Pub. L. 111-117, 123 Stat. 3034; E.O. 9989, 13 FR 4891, 3 CFR, 1943-1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959-1963 Comp., p. 157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614.

### Source

Source: 28 FR 6974, July 9, 1963, unless otherwise noted.

### Amendments

[61 FR 37386, July 18, 1996]