(a) Prohibition on certain transactions between certain United States firms and Cuba
(1) Prohibition Notwithstanding any other provision of law, no license may be issued for any transaction described in section
515.559 of title 31, Code of Federal Regulations, as in effect on July 1, 1989.
(2) Applicability to existing contracts
Paragraph (1) shall not affect any contract entered into before October 23, 1992.
(b) Prohibitions on vessels
(1) Vessels engaging in trade
Beginning on the 61st day after October 23, 1992, a vessel which enters a port or place in Cuba to engage in the trade of goods or services may not, within 180 days after departure from such port or place in Cuba, load or unload any freight at any place in the United States, except pursuant to a license issued by the Secretary of the Treasury.
(2) Vessels carrying goods or passengers to or from Cuba
Except as specifically authorized by the Secretary of the Treasury, a vessel carrying goods or passengers to or from Cuba or carrying goods in which Cuba or a Cuban national has any interest may not enter a United States port.
(3) Inapplicability of ship stores general license No commodities which may be exported under a general license described in section
771.9 of title 15, Code of Federal Regulations, as in effect on May 1, 1992, may be exported under a general license to any vessel carrying goods or passengers to or from Cuba or carrying goods in which Cuba or a Cuban national has an interest.
(4) Definitions As used in this subsection
(A) the term vessel includes every description of water craft or other contrivance used, or capable of being used, as a means of transportation in water, but does not include aircraft;
(B) the term United States includes the territories and possessions of the United States and the customs waters of the United States (as defined in section
1401 of title
19; and
(C) the term Cuban national means a national of Cuba, as the term national is defined in section
515.302 of title 31, Code of Federal Regulations, as of August 1, 1992.
(d) Clarification of applicability of sanctions The prohibitions contained in subsections (a), (b), and (c) of this section shall not apply with respect to any activity otherwise permitted by section
6004 of this title or section
6006 of this title or any activity which may not be regulated or prohibited under section 5(b)(4) of the Trading With the Enemy Act [
12 U.S.C.
95a (4),
50 U.S.C. App. 5(b)(4)].