548.302—Effective date.
         The term effective date refers to the effective date of the applicable prohibitions and directives contained in this part as follows:
    
    
        
        (a) 
         With respect to a person whose property and interests in property are blocked pursuant to  § 548.201(a)(1),  a.m. eastern daylight time on June 19, 2006; and
    
    
        
        (b) 
         With respect to a person whose property and interests in property are otherwise blocked pursuant to  § 548.201(a), the earlier of the date of actual or constructive notice that such person's property and interests in property are blocked.