CFR > 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 (parts 501 to 598) > PART 515—CUBAN ASSETS CONTROL REGULATIONS > SUBPART E—Licenses, Authorizations, and Statements of Licensing Policy (§515.501 to §515.578) > 515.550—Certain vessel transactions authorized.

515.550—Certain vessel transactions authorized.

Unless a vessel has otherwise engaged in transactions that would prohibit entry pursuant to § 515.207, § 515.207 shall not apply to a vessel that is:

(a) Engaging in trade with Cuba authorized by licenses issued pursuant to § 515.533 or § 515.559; or

(b) Engaging in trade with Cuba that is exempt from the prohibitions of this part (see § 515.206 ).

Code of Federal Regulations

[64 FR 25813, May 13, 1999]