Text
Title 31: Money and Finance: Treasury
Subtitle B: Regulations Relating to Money and Finance (Continued)
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
515.574 - Support for the Cuban People.
(a) Specific licenses may be issued on a case-by-case basis authorizing the travel-related transactions set forth in ? 515.560(c) and other transactions that are intended to provide support for the Cuban people including, but not limited to, the following:
(1) Activities of recognized human rights organizations,
(2) Activities of independent organizations designed to promote a rapid, peaceful transition to democracy, and
(3) Activities of individuals and non-governmental organizations that promote independent activity intended to strengthen civil society in Cuba.
(b) Licenses will be issued pursuant to this section once the applicant shows that the proposed transactions are consistent with the purposes of this section and provides an explanation that no significant accumulation of funds or financial benefit will accrue to the government of Cuba.
[68 FR 14148, Mar. 24, 2003]
Sponsored links
