§548.305. Effective date.
31 C.F.R. § 548.305
The term effective date refers to the effective date of the applicable prohibitions and directives contained in this part as follows:
With respect to a person whose property and interests in property are blocked pursuant to § 548.201(a)(1), 12:01 a.m. eastern daylight time, June 19, 2006;
With respect to a person whose property and interests in property are otherwise blocked pursuant to § 548.201, the earlier of the date of actual or constructive notice that such person's property and interests in property are blocked; and
With respect to transactions prohibited by § 548.202, the earlier of the date of actual or constructive notice of such prohibition.
For the purposes of this section, constructive notice is the date that a notice of the blocking of the relevant person's property and interests in property, or notice of a prohibition pursuant to § 548.202, is published in the Federal Register.
Notes, amendments, and revision history
Authority
Authority: 3 U.S.C. 301; 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. 13405, 71 FR 35485, 3 CFR, 2006 Comp., p. 231; E.O. 14038, 86 FR 43905, 3 CFR, 2021 Comp., p. 626.
Source
Source: 88 FR 18039, Mar. 27, 2023, unless otherwise noted.