The following activities shall be exempt from sanctions under sections 9403, 9404, 9405, and 9406 of this title:
The President may exercise all authorities provided under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) to carry out this chapter.
Nothing in this chapter shall be construed to limit the authority of the President under the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.).
In this section:
The term "agricultural commodity" has the meaning given that term in section 5602 of title 7.
The term "good" has the meaning given that term in section 46181 of title 50 (as continued in effect pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.)).
The term "medical device" has the meaning given the term "device" in section 321 of title 21.
The term "medicine" has the meaning given the term "drug" in section 321 of title 21.
1See References in Text note below.
22 U.S.C. § 9410
EDITORIAL NOTES
REFERENCES IN TEXTThe National Security Act of 1947, referred to in subsec. (a)(1), is act July 26, 1947, ch. 343, 61 Stat. 495. Title V of the Act is classified generally to subchapter III (§3091 et seq.) of chapter 44 of Title 50, War and National Defense. For complete classification of this Act to the Code, see Tables. This chapter, referred to in subsecs. (b) and (c), was in the original "this Act", and was translated as reading "this title", meaning title I of Pub. L. 115-44 known as the Countering Iran's Destabilizing Activities Act of 2017, to reflect the probable intent of Congress.The International Emergency Economic Powers Act, referred to in subsecs. (c) and (d)(2), is title II of Pub. L. 95-223, Dec. 28, 1977, 91 Stat. 1626, which is classified generally to chapter 35 (§1701 et seq.) of Title 50, War and National Defense. For complete classification of this Act to the Code, see Short Title note set out under section 1701 of Title 50 and Tables. Section 4618 of title 50, referred to in subsec. (d)(2), was repealed by Pub. L. 115-232, div. A, title XVII, §1766(a), Aug. 13, 2018, 132 Stat. 2232.
EXECUTIVE DOCUMENTS
DELEGATION OF FUNCTIONSFor delegation of functions of President under subsec. (b) of this section to the Secretary of State and the Secretary of the Treasury, see section 1(e)(iii) of Memorandum of President of the United States, Oct. 11, 2017, 82 F.R. 50052, set out in a note under section 9403 of this title.