Section 598.511 - Certain transactions for the expenses of maintaining blocked tangible property(a) Specially designated narcotics traffickers are authorized to engage in the following transactions:(1) Making payment for and receiving goods and services for the maintenance of tangible property blocked pursuant to § 598.202(a) ; and(2) Receiving and making funds transfers in furtherance of the authorized transactions set forth in paragraph (a)(1) of this section from unblocked funds originating outside the United States, provided that any funds received may not originate from any individual or entity whose property or interests in property are blocked pursuant to any part of this chapter or any Executive order or statute, other than the specially designated narcotics trafficker(s) who owns the property.(b)(1) Any person making payment for or receiving goods and services for the maintenance of tangible property blocked pursuant to § 598.202(a) authorized by paragraph (a)(1) of this section must file a report on the transactions with OFAC within 30 days of the first transaction related to that property. Such reports shall include the following numbered sections and information: (i) Estimated or actual dollar value of the transaction(s), as determined by the value of the payment, goods, or services;(ii) A description of the blocked property;(iii) The parties involved;(iv) The type and scope of transactions conducted; and(iv) The dates and duration of the transactions.(2) The reports, which must reference this section, are to be submitted to OFAC via email to OFACReport@treasury.gov.86 FR 26671, May 17, 2021, as amended at 89 FR 15743, Mar. 5, 2024 86 FR 26671, 5/17/2021; as amended at 89 FR 15743, 3/5/2024