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e-CFR data is current as of January 19, 2021 |
Title 31 → Subtitle B → Chapter V → Part 578 → Subpart D → §578.404 |
Title 31: Money and Finance: Treasury
PART 578—CYBER-RELATED SANCTIONS REGULATIONS
Subpart D—Interpretations
§578.404 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 §578.201; 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.