§558.405. Provision and receipt of services.
31 C.F.R. § 558.405
The prohibitions contained in § 558.201 apply to services performed in the United States or by U.S. persons, wherever located:
On behalf of or for the benefit of any person whose property and interests in property are blocked pursuant to § 558.201; or
With respect to property interests of any person whose property and interests in property are blocked pursuant to § 558.201.
The prohibitions on transactions contained in § 558.201 apply to services received in the United States or by U.S. persons, wherever located, where the service is performed by, or at the direction of, a person whose property and interests in property are blocked pursuant to § 558.201.
For example, U.S. persons may not, except as authorized by or pursuant to this part, provide legal, accounting, financial, brokering, freight forwarding, transportation, public relations, or other services to any person whose property and interests in property are blocked pursuant to § 558.201, or negotiate with or enter into contracts signed by a person whose property and interests in property are blocked pursuant to § 558.201.
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. 13664, 79 FR 19283, 3 CFR, 2014 Comp., p. 238.
Source
Source: 88 FR 31612, May 18, 2023, unless otherwise noted.