(a) Specific licenses may be issued on a case-by-case basis to authorize U.S. persons to engage in any transaction otherwise prohibited by § 542.206, § 542.207, § 542.208, § 542.209, or § 542.210, including but not limited to new investment, involving the purchase, trade, export, import, or production of petroleum or petroleum products of Syrian origin for the benefit of the National Coalition of Syrian Revolutionary and Opposition Forces.
(b) Specific licenses issued pursuant to this policy will not authorize any transaction or activity, directly or indirectly, with the Government of Syria or any other person whose property and interests in property are blocked pursuant to § 542.201(a).
authority: 3 U.S.C. 301;
31 U.S.C. 321(b);
18 U.S.C. 2332d;
22 U.S.C. 287c;
50 U.S.C. 1601-1651,
1701; Pub. L. 101-410, 104 Stat. 890, as amended (
28 U.S.C. 2461 note); Pub. L. 116-92, Div. F, Title LXXIV, 133 Stat. 2290 (
22 U.S.C. 8791 note); E.O. 13338, 69 FR 26751, 3 CFR, 2004 Comp., p. 168; E.O. 13399, 71 FR 25059, 3 CFR, 2006 Comp., p. 218; E.O. 13460, 73 FR 8991,
3 CFR 2008 Comp., p. 181; E.O. 13572, 76 FR 24787,
3 CFR 2011 Comp., p. 236; E.O. 13573, 76 FR 29143,
3 CFR 2011 Comp., p. 241; E.O. 13582, 76 FR 52209,
3 CFR 2011 Comp., p. 264; E.O. 13606, 77 FR 24571,
3 CFR 2012 Comp., p. 243
source: 79 FR 25416, May 2, 2014, unless otherwise noted.
cite as: 31 CFR 542.529