1. Regulations
  2. title 31
  3. chapter V
  4. part 546
  5. subpart D
  6. § 546.405

View all text of Subpart D [§ 546.401 - § 546.412]

§ 546.405 - Provision of services.

(a) The prohibitions on transactions involving blocked property contained in § 546.201 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 § 546.201; or

(2) With respect to property interests subject to § 546.201.

(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 § 546.201.

Note to § 546.405:

See §§ 546.507 and 546.509 on licensing policy with regard to the provision of certain legal or medical services.

 [74 FR 25432, May 28, 2009, as amended at 89 FR 15749, Mar. 5, 2024]

AUTHORITY: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; 22 U.S.C. 287c; Pub. L. 101-410, 104 Stat. 890, as amended (28 U.S.C. 2461 note); E.O. 13067, 62 FR 59989, 3 CFR, 1997 Comp., p. 230; E.O. 13400, 71 FR 25483, 3 CFR, 2006 Comp., p. 220; E.O. 14098, 88 FR 29529.

SOURCE: 74 FR 25432, May 28, 2009, unless otherwise noted.

CITE AS: 31 CFR 546.405