Ed. Note: if you’re new to TURBOFAC, please take note that the text string filtration function generally shouldn’t be used for terms such as “ordinarily resident,” “causing” or “new debt”. For research on the meaning of words and phrases such as those, i.e. terms central to the key legal issues in sanctions law that appear on a cross-programmatic basis, you’re typically better off locating and checking the appropriate box in the “Key Legal Issues” search category, which will limit the results to those that have been manually assessed as being relevant for the interpretation of the terms at issue.
Try typing your search term (“ordinarily resident,” “new debt,” or something else) in the “Find a Search Filter” box at the top of the page, and the corresponding “Key Legal Issues” check box will pop up instantly, if one exists. Once you check the box (e.g. “new debt,” with ~55 results), you can always use the text string filtration function to further refine your search (e.g. by typing “invoice” and narrowing the ~55 results to ~10).
Note in addition that the same applies to text string searches such as “14071” (if you’re looking for items related to EO 14071). By typing “14071” in the “Find a Search Filter” field up top, you will be able to instantly narrow the results down to items manually assessed as relating to EO 14071. Ditto terms such as “515.204” or “Iran General License G” (try the “Discrete Legal Provision” search category).
Please contact [email protected] or [email protected] with any questions on search results and efficiency.
Please click "Apply Text String Filters" again after clicking the "Close" button immediately below.
1) This GL, specific to the ITSR, is designed primarily to temper the extreme breadth of 560.206, which prohibits, inter alia, transactions "related to" goods of "Iranian origin." This has been interpreted to mean all goods of Iranian origin, even ones that are 800 years old and are not actually located in Iran (see generally 560.206, and comments thereto).
2) 560.518(a): RELATIONSHIP TO ENTITIES SUBJECT TO THE ITSR SOLELY AS A RESULT OF 560.215
Subsection (a), applicable to "domestic transactions," effectively permits dealings in "Iranian origin" goods subject to 560.206 that were in the U.S. prior to the start of the Iranian embargo (but see comment 3, below). The advent of 560.215 (subjecting foreign subsidiaries of U.S. companies to the ITSR prohibitions) may appear...