§546.503. Exclusion from licenses.
31 C.F.R. § 546.503
OFAC reserves the right to exclude any person, property, or transaction from the operation of any license or from the privileges conferred by any license. OFAC also reserves the right to restrict the applicability of any license to particular persons, property, transactions, or classes thereof. Such actions are binding upon actual or constructive notice of the exclusions or restrictions.
Notes, amendments, and revision history
Amendments
[74 FR 25432, May 28, 2009, as amended at 89 FR 15752, Mar. 5, 2024]
Authority
Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220; E.O. 14098, 88 FR 29529.
Source
Source: 74 FR 25432, May 28, 2009, unless otherwise noted.
Amendments
[74 FR 25432, May 28, 2009, as amended at 89 FR 15752, Mar. 5, 2024]