{"data":{"id":"us/48-cfr-225.7020-3","jurisdiction":"us","citation":"48 CFR 225.7020-3","heading":"225.7020-3 Exceptions.","body":"The prohibition in 225.7020-2 does not apply if—\n(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\n(b) The acquisition is related to the operation and maintenance of the U.S. Government's consular office and diplomatic posts in Venezuela.","path":["Title 48—Federal Acquisition Regulations System","CHAPTER 2—DEFENSE ACQUISITION REGULATIONS SYSTEM, DEPARTMENT OF DEFENSE","SUBCHAPTER D—SOCIOECONOMIC PROGRAMS","PART 225—FOREIGN ACQUISITION","Subpart 225.70—Authorization Acts, Appropriations Acts, and Other Statutory Restrictions on Foreign Acquisition"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-48.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:29Z","sha256":"69c9c65df4632fb85a0cfc7c1cdbfc76aaf3ca9366fc1136770f8dd275f14195","source_id":"us-cfr","stale":true,"prev":"us/48-cfr-225.7020-2","next":"us/48-cfr-225.7020-4"},"notice":"GroundRules: Original legal text. Not legal advice."}