1. Regulations
  2. title 48
  3. chapter 2
  4. part 225
  5. subpart 225.70
  6. § 225.7020-3

View all text of Subpart 225.70 [225.7000 - 225.7024-4]

225.7020-3 - 225.7020-3 Exceptions.

The prohibition in 225.7020-2 does not apply if—

(a) The person has a valid license to operate in Venezuela issued by the Office of Foreign Assets Control of the Department of the Treasury; or

(b) The acquisition is related to the operation and maintenance of the U.S. Government's consular office and diplomatic posts in Venezuela.

[87 FR 31960, May 26, 2022]

AUTHORITY: 41 U.S.C. 1303 and 48 CFR chapter 1.

SOURCE: 56 FR 36367, July 31, 1991, unless otherwise noted.

CITE AS: 48 CFR 225.7020-3