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§ 528.205 Exempt transactions.

31 CFR 528.205

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  3. Title 31
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  5. Subtitle B
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  7. Chapter V
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  9. Part 528
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  13. 31 CFR 528.205
Citation31 CFR 528.205
CorpusDaily eCFR
Displayed edition2026-04-15
Last updated2026-04-15

§ 528.205 Exempt transactions.

(a) International Emergency Economic Powers Act. The prohibitions contained in this part do not apply to any transactions that are exempt pursuant to section 203(b) of the International Emergency Economic Powers Act (50 U.S.C. 1702(b)).

(b) Official business. The prohibitions contained in § 528.201(a) do not apply to transactions for the conduct of the official business of the United States government by employees, grantees, or contractors thereof.

Note 1 to 528.205:

See § 528.509 for a general license authorizing transactions for the conduct of the official business of the United States government not otherwise exempt.