Implementation

(a) Implementation The President may exercise all authorities under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) for purposes of carrying out this title. (b) Penalties A person that violates, attempts to violate, conspires to violate, or causes a violation of this title or any regulation, license, or order issued to carry out this title shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705) to the same extent as a person that commits an unlawful act described in subsection (a) of that section. (c) Regulations (1) Deadline for regulations Not later than 180 days after the date of the enactment of this Act, the President shall prescribe such regulations as may be necessary for the implementation of this title. (2) Notification to Congress Not later than 10 days before the prescription of regulations under paragraph (1), the President shall brief and provide written notification to the appropriate congressional committees regarding— (A) the proposed regulations; and (B) the specific provisions of this title that the regulations are implementing.

(a) Implementation The President may exercise all authorities under sections 203 and 205 of the International Emergency Economic Powers Act (50 U.S.C. 1702 and 1704) for purposes of carrying out this title. (b) Penalties A person that violates, attempts to violate, conspires to violate, or causes a violation of this title or any regulation, license, or order issued to carry out this title shall be subject to the penalties set forth in subsections (b) and (c) of section 206 of the International Emergency Economic Powers Act (50 U.S.C. 1705) to the same extent as a person that commits an unlawful act described in subsection (a) of that section. (c) Regulations (1) Deadline for regulations Not later than 180 days after the date of the enactment of this Act, the President shall prescribe such regulations as may be necessary for the implementation of this title. (2) Notification to Congress Not later than 10 days before the prescription of regulations under paragraph (1), the President shall brief and provide written notification to the appropriate congressional committees regarding— (A) the proposed regulations; and (B) the specific provisions of this title that the regulations are implementing.