§526.206. Exempt transactions.
31 C.F.R. § 526.206
International Emergency Economic Powers Act. The prohibitions contained in this part do not apply to any transactions that are exempt pursuant to section 203(b) of the International Emergency Economic Powers Act (50 U.S.C. 1702(b)).
Official business. The prohibitions contained in § 526.201(a) do not apply to transactions for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof.
Notes, amendments, and revision history
Authority
Authority: 3 U.S.C. 301; 22 U.S.C. 1741 et seq.; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 et seq.; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 14078, 87 FR 43389, 3 CFR, 2022 Comp., p. 407.
Source
Source: 88 FR 44054, July 11, 2023, unless otherwise noted.