Code of Federal Regulations (Last Updated: April 5, 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 560 - Iranian Transactions and Sanctions Regulations |
Subpart D - Interpretations |
§ 560.407 - Transactions related to Iranian-origin goods.
Latest version.
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§ 560.407 Transactions related to Iranian-origin goods.
(a) Importation into the United States from third countries of goods containing Iranian-origin raw materials or components and transactions relating to such goods are not prohibited by § 560.201 or § 560.206 if those raw materials or components have been incorporated into manufactured products or substantially transformed in a third country by a person other than a United States person.
(b) Transactions relating to Iranian-origin goods that have not been incorporated into manufactured products or substantially transformed in a third country are prohibited.