31 CFR § 597.507

31 CFR · Money and Finance: Treasury

§ 597.507 — Travel, employment, residence and maintenance transactions with the Palestinian Authority.

31 CFR § 597.507

TitleTitle 31: Money and Finance: Treasury PartPart 597: Foreign Terrorist Organizations Sanctions Regulations

SourceeCFR (current through Mar 30, 2026)

This text of 31 C.F.R. § 597.507 (Travel, employment, residence and maintenance transactions with the Palestinian Authority.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

31 C.F.R. § 597.507 (2026).

Text

§ 597.507 Travel, employment, residence and maintenance transactions with the Palestinian Authority.

(a)Effective April 12, 2006, U.S. financial institutions are authorized to engage in all transactions that are ordinarily incident to U.S. persons' travel to or from, or employment, residence or personal maintenance within, the jurisdiction of the Palestinian Authority, including, but not limited to, receipt of salaries, payment of living expenses and acquisition of goods or services for personal use. Nothing in this license authorizes any debit to an account of the Palestinian Authority on the books of a U.S. financial institution or to any account blocked pursuant to this part.

(b)The retention and reporting provisions of § 597.201 shall not apply with respect to transactions authorize

Free access — add to your briefcase to read the full text and ask questions with AI

§ 597.507 Travel, employment, residence and maintenance transactions with the Palestinian Authority.

(a) Effective April 12, 2006, U.S. financial institutions are authorized to engage in all transactions that are ordinarily incident to U.S. persons' travel to or from, or employment, residence or personal maintenance within, the jurisdiction of the Palestinian Authority, including, but not limited to, receipt of salaries, payment of living expenses and acquisition of goods or services for personal use. Nothing in this license authorizes any debit to an account of the Palestinian Authority on the books of a U.S. financial institution or to any account blocked pursuant to this part.

(b) The retention and reporting provisions of § 597.201 shall not apply with respect to transactions authorized by paragraph (a) of this section.

[71 FR 27202, May 10, 2006]