OFAC Regulatory Provisions - 31 CFR § 510.213

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.

TURBOFAC Commentary (1678 words)

Notes:

*CERTAIN EXPORTS OF ITEMS SUBJECT TO THE AS 'QUASI-EXEMPT'

Exports of items that are subject to the EAR and authorized for export by the Department of Commerce are outside the scope of OFAC's jurisdiction, at least when they are sent to North Korea to persons that are not SDNs. OFAC does not treat such exports as "exempt" from OFAC's regulations, but in effect there appears to be little distinction between the treatment of such exports and how they would be treated if they were characterized in the underlying as "exempt." Refer to General Comment on the Relationship Between the North Korea Sanctions Regulations and Export Controls Administered by the Dep’t of Commerce (System Ed. Note). [2-16-24 Update – the implementation of 510.520 largely renders System Note irrelevant for practical compliance purposes....

Welcome!

Welcome!

31 CFR § 510.213 - Exempt transactions.

TURBOFAC Commentary (1678 words)