Code of Federal Regulations · Section

§ 551.501 — General And Specific Licensing Procedures

31 C.F.R. § 551.501

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For provisions relating to licensing procedures, see part 501, subpart E, of this chapter. Licensing actions taken pursuant to part 501 of this chapter with respect to the prohibitions contained in this part are considered actions taken pursuant to this part. General licenses and statements of licensing policy relating to this part also may be available through the Somalia Sanctions page on OFAC's website: www.treasury.gov/ofac.

31 C.F.R. § 551.502

Authorizing Statute

General authority of the Secretary
31 U.S.C. § 321
Mode of recovery
28 U.S.C. § 2461
Economic and communication sanctions pursuant to United Nations Security Council Resolution
22 U.S.C. § 287c
General authorization to delegate functions; publication of delegations
3 U.S.C. § 301
Termination of existing declared emergencies
50 U.S.C. § 1601