FAC No. CU-194183

Date issued: Aug. 08 2001

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TURBOFAC Commentary (699 words)

Notes:

1) At this time this guidance letter (p. 2) was issued 515.505 provided as follows

§ 515.505 Certain persons unblocked.
(a) The following persons are hereby licensed as unblocked nationals.
(1) Any person resident in, or organized under the laws of a jurisdiction in, the United States or the authorized trade territory who or which has never been a designated national;
(2) Any individual resident in the United States who is not a specially designated national; and
(3) Any corporation, partnership or association that would be a designated national solely because of the interest therein of an individual licensed in paragraph (a) or (b) of this section as an unblocked national.
[...]

The provision has since been amended to read as follows:

§ 515.505 Certain Cuban nationals unblocked.
(a) General license unblocking certain persons. The following persons are licensed as unblocked...