Following the January 2006 Palestinian elections, Hamas, a designated terrorist entity whose property and interests in property are blocked pursuant to Sec. 594.201, has been determined to have a property interest in the transactions of the Palestinian Authority. Accordingly, pursuant to Sec. Sec. 594.201 and 594.204, U.S. persons are prohibited from engaging in transactions with the Palestinian Authority unless authorized. Certain transactions with the Palestinian Authority may be authorized by license, see subpart E of this part. [71 FR 27200, May 10, 2006]