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Electronic Code of Federal Regulations

e-CFR Data is current as of August 29, 2014

Title 31Subtitle BChapter VPart 539Subpart D → §539.403


Title 31: Money and Finance: Treasury
PART 539—WEAPONS OF MASS DESTRUCTION TRADE CONTROL REGULATIONS
Subpart D—Interpretations


§539.403   Transactions incidental to a licensed transaction.

Any transaction ordinarily incident to a licensed transaction and necessary to give effect to the licensed transaction is also authorized by the license. Except as specifically authorized by the terms of the license, prohibited transactions involving designated foreign persons not named in the license are not considered incidental to a licensed transaction and therefore remain prohibited.



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