Section 546.511 - Official business of certain international organizations and entities(a) Except as provided in paragraph (b) of this section, all transactions prohibited by this part that are for the conduct of the official business of the following entities by employees, grantees, or contractors thereof are authorized:(1) The United Nations, including its Programmes, Funds, and Other Entities and Bodies, as well as its Specialized Agencies and Related Organizations;(2) The International Centre for Settlement of Investment Disputes (ICSID) and the Multilateral Investment Guarantee Agency (MIGA);(3) The African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, and the Inter-American Development Bank Group (IDB Group), including any fund entity administered or established by any of the foregoing;(4) The International Committee of the Red Cross and the International Federation of Red Cross and Red Crescent Societies;(5) The Intergovernmental Authority on Development (IGAD);(6) The Global Fund to Fight AIDS, Tuberculosis, and Malaria, and Gavi, the Vaccine Alliance; and(7) The African Union, including the African Union Commission and other subsidiary bodies and organs.(b) This section does not authorize funds transfers initiated or processed with knowledge or reason to know that the intended beneficiary of such transfers is a person blocked pursuant to this part, other than for the purpose of effecting the payment of taxes, fees, or import duties, or the purchase or receipt of permits, licenses, or public utility services. 87 FR 78474 , Dec. 21, 2022. Redesignated at 89 FR 15749 , as amended at 89 FR 15750 , Mar. 5, 2024 87 FR 78487 , 12/21/2022; Redesignated at 89 FR 15749 , as amended at 89 FR 15750 , 3/5/2024