[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: 31CFR560.414]



[Page 299]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

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

 

PART 560_IRANIAN TRANSACTIONS REGULATIONS--Table of Contents

 

                        Subpart D_Interpretations

 

Sec.  560.414  Reexportation of certain U.S.-origin goods exported prior 

to May 7, 1995.



    The prohibitions on reexportation in Sec.  560.205 do not apply to 

United States-origin goods or technology that were exported from the 

United States prior to 12:01 a.m., Eastern Daylight Time, May 7, 1995, 

if:

    (a) Such goods or technology were not the property of a United 

States person as of 12:01 a.m. Eastern Daylight Time, May 7, 1995; and

    (b) The reexportation of the U.S.-origin goods or technology to Iran 

or the Government of Iran was not subject to reexport (as opposed to 

export) license application requirements under U.S. regulations in 

effect prior to May 6, 1995.



    Notes to Sec.  560.414. 1. The exclusion in this section applies, 

among other things, to goods that were as of May 6, 1995, classified 

under the U.S. Department of Commerce's Export Administration 

Regulations (15 CFR parts 730-774) as ECCNs 2A994; 3A993; 5A992; 5A995; 

6A990; 6A994; 7A994; 8A992; 8A994; 9A990; 9A992; and 9A994, that were 

exported from the United States prior to 12:01 a.m. Eastern Daylight 

Time, May 7, 1995, and were not the property of a United States person 

as of 12:01 a.m. Eastern Daylight Time, May 7, 1995. As of April 26, 

1999, items covered by this note are classified under ECCNs 2A994; 

3A992.a; 5A991.f; 5A992; 6A991; 6A998; 7A994; 8A992.d, .e, .f and .g; 

9A990.a and .b; and 9A991.d and .e.

    2. A reexportation of U.S.-origin goods or technology which meets 

the conditions of paragraph (a) of this section, or which is not within 

the scope of Sec.  560.205, nevertheless may require specific 

authorization by other agencies of the U.S. Government for reexportation 

to Iran or the Government of Iran. For example, items which meet the 

conditions of paragraph (a) may nevertheless require an export license 

under the Enhanced Proliferation Control Initiative provisions of the 

Export Administration Regulations (15 CFR part 744).



[64 FR 20172, Apr. 26, 1999]