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50 U.S.C. § 1704 — Authority to issue regulations
Federal law — U.S. Code and appendices · legal_authorities
The President may issue such regulations, including regulations prescribing definitions, as may be necessary for the exercise of the authorities granted by this chapter.
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Source location: Title 50, Chapter 35, § 1704; chapter-035-international-emergency-economic-powers.md
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The President may issue such regulations, including regulations prescribing definitions, as may be necessary for the exercise of the authorities granted by this chapter.
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** The President is authorized to promulgate such rules and regulations as may be necessary to carry out the provisions of this chapter (which may include regulatory exceptions), including under section 205 of the International Emergency Economic Powers Act ([50 U.S.C. 1704](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section1704&num=0&edition=prelim)).
**(b) Rule of construction** Nothing in this chapter, or in any amendment made by this Act, may be construed to limit the authority of the President to designate or sanction persons pursuant to an applicable Executive order or otherwise pursuant to the International Emergency Economic Powers Act ([50 U.S.C. 1701](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title50-section1701&num=0&edition=prelim) et seq.).
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Federal law — U.S. Code and appendices · legal_authorities
Page 227
TITLE 50—WAR AND NATIONAL DEFENSE
§ 1706
Editorial Notes
REFERENCES IN TEXT
The National Emergencies Act, referred to in subsec.
(d), is Pub. L. 94–412, Sept. 14, 1976, 90 Stat. 1255. Title
IV of the National Emergencies Act enacted subchapter
IV (§ 1641) of chapter 34 of this title. For complete clas-
sification of this Act to the Code, see Short Title note
set out under section 1601 of this title and Tables.
§ 1704. Authority to issue regulations
The President may issue such regulations, in-
cluding regulations prescribing definitions, as
may be necessary for the exercise of the authori-
ties granted by this chapter.
(Pub. L. 95–223, title II, § 205, Dec. 28, 1977, 91
Stat. 1628.)
§ 1705. Penalties
(a) Unlawful acts
It shall be unlawful for a person to violate, at-
tempt to violate, conspire to violate, or cause a
violation of any license, order, regulation, or
prohibition issued under this chapter.
(b) Civil penalty
A civil penalty may be imposed on any person
who commits an unlawful act described in sub-
section (a) in an amount not to exceed the
greater of—
(1) $250,000; or
(2) an amount that is twice the amount of
the transaction that is the basis of the viola-
tion with respect to which the penalty is im-
posed.
(c) Criminal penalty
A person who willfully commits, willfully at-
tempts to commit, or willfully conspires to com-
mit, or aids or abets in the commission of, an
unlawful act described in subsection (a) shall,
upon conviction, be fined not more than
$1,000,000, or if a natural person, may be impris-
oned for not more than 20 years, or both.
(d) Statute of limitations
(1) Time for commencing proceedings
(A) In general
An action, suit, or proceeding for the en-
forcement of any civil fine, penalty, or for-
feiture, p
Source: Supplied 2024 U.S. Code historical extraction · 50 U.S.C. § 1704
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