Source: https://www.law.cornell.edu/cfr/text/22/129.5?qt-cfr_tabs=2
Timestamp: 2016-02-10 22:23:31
Document Index: 566338529

Matched Legal Cases: ['§ 129', '§ 120', '§ 129', '§ 129', '§ 120', '§ 126', '§ 129']

§ 129.5 Exemption from requirement for approval.
(b) Unless paragraph (c) of this section applies, brokering activities regarding a foreign defense article or defense service (see § 120.44 of this subchapter) are exempt from the requirement for approval when arranged wholly within and destined exclusively for the North Atlantic Treaty Organization, any member country of that organization, Australia, Israel, Japan, New Zealand, or the Republic of Korea, except in the case of the defense articles or defense services specified in § 129.4(a)(2), for which approval is required.
(1) The broker is not registered as required by § 129.3;
(2) The broker or any person who has a direct or indirect interest in or may benefit from the brokering activities, including any related defense article or defense service transaction, is ineligible as defined in § 120.1(c)(2) of this subchapter; or
(3) A country or person referred to in § 126.1 of this subchapter is involved in the brokering activities or such activities are otherwise subject to § 129.7.