§525.406. Offshore transactions involving blocked property.
31 C.F.R. § 525.406
The prohibitions in § 525.201 on transactions or dealings involving blocked property, as defined in § 525.301, apply to transactions by any U.S. person in a location outside the United States.
Notes, amendments, and revision history
Authority
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 28 U.S.C. 2461 note (Pub. L. 101-410, 104 Stat. 890, as amended); E.O. 14014, 86 FR 9429, 3 CFR, 2021 Comp., p. 514.
Source
Source: 89 FR 89483, Nov. 13, 2024, unless otherwise noted.