TITLE 31 - MONEY AND FINANCE: TREASURY

SUBTITLE B - REGULATIONS RELATING TO MONEY AND FINANCE

CHAPTER V - OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

PART 515 - CUBAN ASSETS CONTROL REGULATIONS

subpart e - LICENSES, AUTHORIZATIONS, AND STATEMENTS OF LICENSING POLICY

515.545 - Transactions related to information and informational materials.

  (a) Except as provided in 515.542(c), all financial and other transactions directly incident to the importation or exportation of information or informational materials are authorized.

  (b) Transactions relating to the dissemination of informational materials are authorized, including remittance of royalties paid for informational materials that are reproduced, translated, subtitled, or dubbed. This section does not authorize the remittance of royalties or other payments relating to works not yet in being, or for marketing and business consulting services, or artistic or other substantive alteration or enhancements to informational materials, as provided in 515.206(a)(3).

  (c) Specific licenses may be issued on a case-by-case basis authorizing the travel-related transactions set forth in 515.560(c) for purposes related to the exportation, importation, or transmission of information or informational materials as defined in 515.332.

Note to 515.545. With respect to transactions necessary and ordinarily incident to the publishing and marketing of manuscripts, books, journals and newspapers, see 515.577.

[54 FR 5234, Feb. 2, 1989, as amended at 60 FR 39257, Aug. 2, 1995; 64 FR 25813, May 13, 1999; 69 FR 75469, Dec. 17, 2004]