Code of Federal Regulations (alpha)

CFR /  Title 31  /  Part 537  /  Sec. 537.205 Prohibited facilitation.

(a) Except as otherwise authorized, U.S. persons, wherever located, are prohibited from approving, financing, facilitating, or guaranteeing a transaction by a person who is a foreign person where the transaction by that foreign person would be prohibited by Sec. 537.202 or Sec. 537.204 of this part if performed by a U.S. person or within the United States.

(b) With respect to new investment in Burma, the prohibition against facilitation does not include the entry into, performance of, or financing of a contract to sell or purchase goods, services, or technology unless such contract includes any of the activities described in Sec. 537.311(a)(2), (3), or (4).

Note to Sec. 537.205: See Sec. 537.530 for a general license authorizing new investment in Burma by U.S. persons. See Sec. 537.418 for an interpretive provision regarding facilitating new investment in Burma.