31 CFR § 550.205
Exempt transactions. — Ethiopia Sanctions Regulations
An exemption is not a licence. Conduct this section exempts falls outside the Ethiopia Sanctions Regulations' prohibitions altogether, so no OFAC authorization is needed for it. Read the limits with the grant: these sections routinely carve the exemption back, or point at a general licence for the part they do not cover.
Section text
(a) Personal communications. The prohibitions contained in this part do not apply to any postal, telegraphic, telephonic, or other personal communication that does not involve the transfer of anything of value.
(b) Official business. The prohibitions contained in § 550.201(a) do not apply to any transactions for the conduct of the official business of the United States Government by employees, grantees, or contractors thereof.
Statutory exemptions this section carries
§ 550.205 speaks to the following statutory exemptions:
- Personal CommunicationsIEEPA §1702(b)(1)
- Any postal, telegraphic, telephonic, or other personal communication that does not involve a transfer of anything of value.