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Electronic Code of Federal Regulations

e-CFR Data is current as of September 18, 2014

Title 31Subtitle BChapter VPart 551Subpart C → §551.305


Title 31: Money and Finance: Treasury
PART 551—SOMALIA SANCTIONS REGULATIONS
Subpart C—General Definitions


§551.305   Licenses; general and specific.

(a) Except as otherwise specified, the term license means any license or authorization contained in or issued pursuant to this part.

(b) The term general license means any license or authorization the terms of which are set forth in subpart E of this part.

(c) The term specific license means any license or authorization not set forth in subpart E of this part but issued pursuant to this part.

Note to §551.305: See §501.801 of this chapter on licensing procedures.



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