Code of Federal Regulations (Last Updated: November 8, 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 548 - Belarus Sanctions Regulations |
Subpart C - General Definitions |
§ 548.302 - Construction sector of the Belarus economy.
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§ 548.302 Effective dateConstruction sector of the Belarus economy.
The term effective date refers to the effective date of the applicable prohibitions and directives contained in this part as follows:
(b) With respect to a person whose property and interests in property are otherwise blocked pursuant to § 548.201(a), the earlier of the date of actual or constructive notice that such person's property and interests in property are blocked(a) With respect to a person whose property and interests in property are blocked pursuant to § 548.201(a)(1), 12:01 a.m. eastern daylight time on June 19, 2006; and
construction sector of the Belarus economy includes the production, procurement, devising, framing, design, testing, financing, distribution, or transport involving Belarus, of goods, services, or technology to fabricate, shape, alter, maintain, or form any buildings or structures, including the on-site development, assembly, or construction of residential, commercial, or institutional buildings in Belarus; and any related activities, including the provision or receipt of goods, services, or technology involving the construction sector of the Belarus economy.