31 CFR § 590.206
Exempt transactions. — Transnational Criminal Organizations Sanctions Regulations
An exemption is not a licence. Conduct this section exempts falls outside the Transnational Criminal Organizations 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
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.
Statutory exemptions this section carries
§ 590.206 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.