Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 31 - Money and Finance: Treasury |
Subtitle B - Regulations Relating to Money and Finance |
Chapter V - Office of Foreign Assets Control, Department of the Treasury |
Part 537 - Burmese Sanctions Regulations |
Subpart E - Licenses, Authorizations, and Statements of Licensing Policy |
§ 537.524 - Divestiture of U.S. person's investments in Burma.
Latest version.
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All transactions, except those prohibited by §537.203, related to the divestiture or transfer to a foreign person of a U.S. person's share of ownership, including an equity interest, in the economic development of resources located in Burma are authorized. U.S. persons participating in such a transaction valued at more than $10,000 are required, within 10 business days after the transaction takes place, to file a report for statistical purposes with the Office of Foreign Assets Control, U.S. Treasury Department, 1500 Pennsylvania Avenue NW.-Annex, Washington, DC 20220.