48 CFR § 225.7020-3 - 225.7020-3 Exceptions.

---
identifier: "/us/cfr/t48/s225.7020-3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 225.7020-3 - 225.7020-3   Exceptions."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "225.7020-3"
section_name: "225.7020-3   Exceptions."
chapter_number: 2
chapter_name: "DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE"
subchapter_number: "D"
subchapter_name: "SOCIOECONOMIC PROGRAMS"
part_number: "225"
part_name: "FOREIGN ACQUISITION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "41 U.S.C. 1303 and 48 CFR chapter 1."
regulatory_source: "56 FR 36367, July 31, 1991, unless otherwise noted."
cfr_part: "225"
---


# 225.7020-3 225.7020-3   Exceptions.

The prohibition in 225.7020-2 does not apply if—

(a) The person has a valid license to operate in Venezuela issued by the Office of Foreign Assets Control of the Department of the Treasury; or

(b) The acquisition is related to the operation and maintenance of the U.S. Government's consular office and diplomatic posts in Venezuela.

[87 FR 31960, May 26, 2022]