Sec. 102. Imposition of penalties with respect to United States persons that conduct certain transactions with respect to Syria
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The penalties provided for in subsections
(b)and
(c)of section 206 of the International Emergency Economic Powers Act ( 50 U.S.C. 1705 ) shall apply, to the same extent that such penalties apply to a person that commits an unlawful act described in section 206(a) of that Act, to a United States person that— violates, attempts to violate, conspires to violate, or causes a violation of section 101 or regulations prescribed under section 101; conducts investment activities in Syria on or after the date of the enactment of this Act; exports, reexports, sells, or supplies, directly or indirectly, a service from the United States to the Government of Syria; conducts a transaction with respect to petroleum or petroleum products of Syrian origin; or approves, finances, facilitates, or guarantees a transaction by a foreign person that would be prohibited under this section if conducted by a United States person. In this section, the term investment activities means— an investment of more than $100 in the aggregate in the economy of Syria in— the financial or banking sector; the military or defense sector; the law enforcement sector; or the energy sector; or a transfer of any amount to Bashar al-Assad or any person acting or purporting to act, directly or indirectly, for or on behalf of Bashar al-Assad.
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Sec. 102
Imposition of penalties with respect to United States persons that conduct certain transactions with respect to Syria
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