# 31 CFR § 551.206: Exempt transactions

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-31-551.206

## Section

- **Citation:** 31 CFR § 551.206
- **Heading:** Exempt transactions
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** 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 > PART 551—SOMALIA SANCTIONS REGULATIONS > Subpart B—Prohibitions

## Text

(a) United Nations Participation Act. The exemption described in this section does not apply to transactions involving property or interests in property of persons whose property and interests in property are blocked pursuant to the authority of the United Nations Participation Act, as amended (22 U.S.C. 287c(b)) (UNPA).
Note 1 to paragraph (a).
Persons whose property and interests in property are blocked pursuant to the authority of the UNPA include those listed on both OFAC's Specially Designated Nationals and Blocked Persons List (SDN List) and the Consolidated United Nations Security Council Sanctions List (UN List) (see https://www.un.org), as well as persons listed on the SDN List for being owned or controlled by, or acting for or on behalf of, persons listed on both the SDN List and the UN List.
(b) Personal communications. Th 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.

## Nearby sections

- [31 CFR § 551.101 § 551.101 Relation of this part to other laws and regulations.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.101.md)
- [31 CFR § 551.201 § 551.201 Prohibited transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.201.md)
- [31 CFR § 551.202 § 551.202 Effect of transfers violating the provisions of this part.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.202.md)
- [31 CFR § 551.203 § 551.203 Holding of funds in interest-bearing accounts; investment and reinvestment.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.203.md)
- [31 CFR § 551.204 § 551.204 Expenses of maintaining blocked tangible property; liquidation of blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.204.md)
- [31 CFR § 551.205 § 551.205 Evasions; attempts; causing violations; conspiracies.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.205.md)
- [31 CFR § 551.206 § 551.206 Exempt transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.206.md)
- [31 CFR § 551.207 § 551.207 Prohibited importation of charcoal from Somalia.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.207.md)
- [31 CFR § 551.300 § 551.300 Applicability of definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.300.md)
- [31 CFR § 551.301 § 551.301 African Union Mission in Somalia; AMISOM.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.301.md)
- [31 CFR § 551.302 § 551.302 Arms or any related materiel.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.302.md)
- [31 CFR § 551.303 § 551.303 Blocked account; blocked property.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.303.md)
- [31 CFR § 551.304 § 551.304 Charcoal.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.304.md)
- [31 CFR § 551.305 § 551.305 Effective date.](https://www.frixlaw.com/law-library/statutes/ecfr-31-551.305.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-31-551.206. Check the current official text before relying on it. Not legal advice.