31 CFR § 544.206 - Exempt transactions.

Date issued: Apr. 13 2009

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TURBOFAC Commentary (427 words)

Notes:

This is a standard "Exempt transactions" provision for an IEEPA, list-based blocking program.

Note that while WMDPSR persons and entities are eligible for the exemptions listed here, many such persons, particular Iranians, are also SDGTs. Because the Berman Amendment exemptions do not apply to the GTSR, being designated pursuant to both renders one ineligible for these exemptions (544.101).

1) INFORMATIONAL MATERIALS

The scope of the informational materials exemption of the sort found here has been interpreted identically across programs. The Research System contains over 100 guidance letters, interpretive rulings, FAQs and other documents addressing the various interpretive issues that have come up with regard to the exemption. Refer to,...