31 C.F.R. · Money and Finance: Treasury
31 C.F.R. § 515.550

Certain vessel transactions authorized.

Title 31 C.F.R. ● ACTIVE Primary Source
Regulatory Text

31 C.F.R. § 515.550 — Certain vessel transactions authorized.

§ 515.550 Certain vessel transactions authorized. (a) Unless a vessel is otherwise engaging or has otherwise engaged in transactions that would prohibit entry pursuant to § 515.207, § 515.207 shall not apply to a vessel that is: (1) Engaging or has engaged in trade with Cuba authorized pursuant to this part; Note to paragraph ( a )(1): The authorization in this paragraph includes, for example, trade with Cuba authorized pursuant to § 515.533, § 515.559, or § 515.582, or by specific license. (2) Engaging or has engaged in trade with Cuba that is exempt from the prohibitions of this part (see § 515.206); (3) Engaging or has engaged in the exportation or reexportation to Cuba from a third country of agricultural commodities, medicine, or medical devices that, were they subject to the Export Administration Regulations (15 CFR parts 730 through 774) (EAR), would be designated as EAR99; (4) A foreign vessel that has entered a port or place in Cuba while carrying students, faculty, and staff that are authorized to travel to Cuba pursuant to § 515.565(a); or (5) Carrying or has carried persons between the United States and Cuba or within Cuba pursuant to the authorization in § 515.572(a)(2) or, in the case of a vessel used solely for personal travel (and not transporting passengers), pursuant to a license or other authorization issued by the Department of Commerce for the exportation or reexportation of the vessel to Cuba. (b) Unless a vessel is otherwise engaging or has otherwise engaged in transactions that would prohibit entry pursuant to § 515.207, § 515.207(a) shall not apply to a foreign vessel that has engaged in the exportation to Cuba from a third country only of items that, were they subject to the EAR, would be designated as EAR99 or would be controlled on the Commerce Control List only for anti-terrorism reasons. [81 FR 71376, Oct. 17, 2016]

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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31 C.F.R. § 515.550
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The regulatory text of 31 C.F.R. § 515.550 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 31 31 C.F.R. § 515.550