31 C.F.R. § 542.514

Current through November 30, 2024
Section 542.514 - Transactions related to U.S. persons residing in Syria authorized
(a) Except as provided in paragraph (b) of this section, individuals who are U.S. persons residing in Syria are authorized to pay their personal living expenses in Syria and to engage in other transactions, including with the Government of Syria, otherwise prohibited by this part that are ordinarily incident and necessary to their personal maintenance within Syria, including, but not limited to, payment of housing expenses, acquisition of goods or services for personal use, payment of taxes or fees to the Government of Syria, and purchase or receipt of permits, licenses, or public utility services from the Government of Syria.
(b) This section does not authorize:
(1) Any debit to a blocked account of the Government of Syria on the books of a U.S. financial institution or to any other account blocked pursuant to § 542.201 ;
(2) Any transaction with a person whose property and interests in property are blocked pursuant to § 542.201 other than the Government of Syria; or
(3) Transactions or services ordinarily incident to operating or supporting a business in Syria, employment in Syria, or any new investment in Syria prohibited by § 542.206 .

31 C.F.R. §542.514

89 FR 48324 , 6/6/2024