31 CFR 536.405 - Transactions incidental to a licensed transaction.

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 536: NARCOTICS TRAFFICKING SANCTIONS REGULATIONS

Subpart D: Interpretations

536.405 - Transactions incidental to a licensed transaction.

Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except a transaction by an unlicensed, specially designated narcotics trafficker or involving a debit to a blocked account or a transfer of blocked property not explicitly authorized within the terms of the license.

---