31 C.F.R. § 576.406

Current through October 31, 2024

Section 576.406 - Provision of services

(a) Except as provided in § 576.209 , the prohibitions on transactions involving blocked property contained in § 576.201 apply to services performed in the United States or by U.S. persons, wherever located, including by an overseas branch of an entity located in the United States:

(1) On behalf of or for the benefit of a person whose property and interests in property are blocked pursuant to § 576.201(a) ; or

(2) With respect to property interests subject to § 576.201 .

(b)

Example: U.S. persons may not, except as authorized by or pursuant to this part, provide legal, accounting, financial, brokering, freight forwarding, transportation, public relations, or other services to a person whose property and interests in property are blocked pursuant to § 576.201(a) .

Note to § 576.406 : See§§ 576.507 and 576.509 on licensing policy with regard to the provision of certain legal and medical services.

31 C.F.R. §576.406