Code of Federal Regulations · Section

§ 536.405 — Transactions Incidental To A Licensed Transaction

31 C.F.R. § 536.405

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Any transaction ordinarily incident to a licensed transaction and necessary to give effect thereto is also authorized, except a transaction by an unlicensed, specially designated narcotics trafficker or involving a debit to a blocked account or a transfer of blocked property not explicitly authorized within the terms of the license.

31 C.F.R. § 536.404 31 C.F.R. § 536.406

Authorizing Statute

General authority of the Secretary
31 U.S.C. § 321
Mode of recovery
28 U.S.C. § 2461
Termination of existing declared emergencies
50 U.S.C. § 1601
General authorization to delegate functions; publication of delegations
3 U.S.C. § 301