[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR537.411]



[Page 188]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 537_BURMESE SANCTIONS REGULATIONS--Table of Contents

 

                        Subpart D_Interpretations

 

Sec.  537.411  Purchase of shares in economic development projects in 

Burma.



    The purchase, directly or indirectly, from the Government of Burma 

or a nongovernmental entity in Burma of shares of ownership, including 

an equity interest, in the economic development of resources located in 

Burma is prohibited unless the purchase is pursuant to an agreement 

entered into prior to May 21, 1997.