---
kind: "section"
citation: "31 C.F.R. § 569.404"
title: "31"
number: "569.404"
heading: "Transactions ordinarily incident to a licensed transaction."
url: "https://uscodex.org/cfr/31/569.404"
---

# §569.404. Transactions ordinarily incident to a licensed transaction.


Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except:

- (a) An ordinarily incident transaction, not explicitly authorized within the terms of the license, by or with a person whose property and interests in property are blocked pursuant to [§ 569.201](/cfr/31/569.201.md); or
- (b) An ordinarily incident transaction, not explicitly authorized within the terms of the license, involving a debit to a blocked account or a transfer of blocked property.

## Notes

### Authority

Authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601 et seq., 1701 et seq.; 28 U.S.C. 2461 note (Pub. L. 101-410, 104 Stat. 890, as amended); 22 U.S.C. 8791 et seq. (Pub. L. 112-158, Title VII, sec. 705, 126 Stat. 1268); 22 U.S.C. 8791 note (Pub. L. 116-92, Div. F, Title LXXIV, 133 Stat. 2291); 22 U.S.C. 9528(a); 50 U.S.C. 1701 note (Pub. L. 118-50, div. P, 138 Stat. 992); E.O. 13606, 77 FR 24571, 3 CFR, 2012 Comp., p. 243; E.O. 13894, 84 FR 55851, 3 CFR, 2019 Comp., p. 382; E.O. 14142, 90 FR 6709; E.O. 14312, 90 FR 29395.

### Source

Source: 85 FR 34510, June 5, 2020, unless otherwise noted.