§515.340. Independent private sector entrepreneur.
31 C.F.R. § 515.340
The term independent private sector entrepreneur means a Cuban national who is not a prohibited official of the Government of Cuba, as defined in § 515.337, or a prohibited member of the Cuban Communist Party, as defined in § 515.338, and is one or more of the following:
An owner, including a self-employed individual (cuentapropista), or employee of a small private business entity, private cooperative, or a sole proprietorship located in Cuba, in each case of up to 100 employees;
An independent contractor or consultant;
A small farmer who owns his or her own land;
A small usufruct farmer who cultivates state-owned land to sell products on the open market; or
A private cooperative or small private business entity located in Cuba of up to 100 employees that is owned only by individuals described in paragraphs (a) through (d) of this section.
Notes, amendments, and revision history
Amendments
[84 FR 47122, Sept. 9, 2019, as amended at 89 FR 46324, May 29, 2024]
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
[84 FR 47122, Sept. 9, 2019, as amended at 89 FR 46324, May 29, 2024]