C.F.R. » Title 31 » CHAPTER V—OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY › PART 535—IRANIAN ASSETS CONTROL REGULATIONS › Subpart A—Relation of This Part to Other Laws and Regulations

31 C.F.R. § 535.101

Relation of this part to other laws and regulations

Read at: eCFRecfr.gov CornellLII GovInfogovinfo.gov CasesGoogle Scholar

(a) This part is separate from, and independent of, the other parts of this chapter with the exception of part 501 of this chapter, the recordkeeping and reporting requirements and license application and other procedures of which apply to this part. No license or authorization contained in or issued pursuant to such parts shall be deemed to authorize any transaction prohibited by this part, nor shall any license or authorization issued pursuant to any other provision of law (except this part) be deemed to authorize any transaction so prohibited.

(b) No license or authorization contained in or issued pursuant to this part shall be deemed to authorize any transaction to the extent that it is prohibited by reason of the provisions of any law or any statute other than the International Emergency Economic Powers Act, as amended, or any proclamation order or regulation other than those contained in or issued pursuant to this part.

[44 FR 65956, Nov. 15, 1979, as amended at 62 FR 45107, Aug. 25, 1997]
Notes of Decisions
Cited in 8 cases, 1980–2002 · leading case: Itek Corp. v. First Nat. Bank of Boston, 511 F. Supp. 1341 (D. Mass. 1981).
Sort: Relevance Newest Treatment
Itek Corp. v. First Nat. Bank of Boston, 511 F. Supp. 1341 (D. Mass. 1981). “Iranian Asset Control Regulations, 31 C.F.R. § 535.101 , ei seq. (1979). The Regulations prohibited the transfer of any property subject to the jurisdiction of the United States in which Iran had any interest of any nature whatsoever, except as authorized by license or…”
Itek Corp. v. First Nat. Bank of Boston, 566 F. Supp. 1210 (D. Mass. 1983). “31 C.F.R. §§ 535.101 et seq. The regulations specifically authorized payment by United States banks on letters of credit issued in favor of an Iranian entity, provided the payments were made into blocked accounts in domestic banks.”
Flatow, Stephen M. v. Islam Repub Iran, 305 F.3d 1249 (D.C. Cir. 2002). · cites it 2× “31 C.F.R. § 535.101 . Pursuant to the Algiers Accords, the Treasury Department established a general license that authorized post-1981 transactions "in which Iran or an Iranian entity has an interest.”
Chase Manhattan Bank v. State of Iran, 484 F. Supp. 832 (S.D.N.Y. 1980). “31 C.F.R. § 535.101 et seq. Oné of these regulations, 31 C.”
New England Merchants Nat'l Bank v. Iran Power Generation & Transmission Co., 646 F.2d 779 (2d Cir. 1981). “Pursuant to this authority, the Secretary promulgated the Iranian Assets Control Regulations, 31 C.F.R. §§ 535.101 -.904 (1979), which among other things granted conditional licenses authorizing suits against Iran, § 535.”
Ministry of Def. of the Islamic Repub. of Iran v. Gould Inc., 887 F.2d 1357 (9th Cir. 1989). “These Executive Orders were later implemented by amendments to the Iranian Assets Control Regulations, 31 C.F.R. §§ 535.101 et seq. (1981). See 46 Fed.”
Legality of the Int'l Agreement with Iran & Its Implementing Exec. Orders (II) (OLC 1981). · cites it 2× “4 31 C.F.R. § 535.101 (b). Upon revocation, the exercise or prosecution of any interests created by the outstanding attachments and other orders will be unauthorized.”
Legality of the Int'l Agreement with Iran & Its Implementing Exec. Orders (I) (OLC 1981). · cites it 2× “4 31 C.F.R. § 535.101 (b). Upon revocation, the exercise or prosecution of any interests created by the outstanding attachments and other orders will be unauthorized.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.