Regulations last checked for updates: Jul 07, 2025

Title 31 - Money and Finance: Treasury last revised: Jul 01, 2025
§ 528.205 - Exempt transactions.

(a) International Emergency Economic Powers Act. The prohibitions contained in this part do not apply to any transactions that are exempt pursuant to section 203(b) of the International Emergency Economic Powers Act (50 U.S.C. 1702(b)).

(b) Official business. The prohibitions contained in § 528.201(a) do not apply to transactions for the conduct of the official business of the United States government by employees, grantees, or contractors thereof.

Note 1 to 528.205:

See § 528.509 for a general license authorizing transactions for the conduct of the official business of the United States government not otherwise exempt.

authority: 3 U.S.C. 301; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651,1701; 28 U.S.C. 2461 note (Pub. L. 101-410, 104 Stat. 890, as amended); E.O. 14203, 90 FR 9369
source: 90 FR 28013, July 1, 2025, unless otherwise noted.
cite as: 31 CFR 528.205