; (3) any transaction that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate a prohibition under paragraph (1) or (2); and (4) any conspiracy to violate a prohibition under paragraph (1), (2), or (3). (d) Sense of Congress It is the sense of Congress that the President should waive the prohibitions described in subsection (c) if the related debt instruments, bonds, or securities have been approved or ratified by the democratically elected National Assembly of the Bolivarian Republic of Venezuela. (e) Implementation; penalties (1) Implementation The President may exercise all authorities described in sections 203 and 205 of the International Emergency Economic Powers Act ( 50 U.S.C. 1702 and 1704) to carry out this section. (2) Penalties A person that violates, attempts to violate, conspires to violate, or causes a violation of this section or any regulation, license, or order issued to carry out this section 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. 406. Additional financial sanctions on Venezuelan government debt (a) Finding Executive Order 13835 (83 Fed. Reg. 24001), which was signed on May 21, 2018, established additional sanctions against transactions involving the Government of Venezuela’s existing public debt. (b) Prohibition The President may prohibit a United States person or any person within the United States from— (1) purchasing any debt owed to the Government of Venezuela, including accounts receivable; (2) entering into any transaction related to any debt owed to the Government of Venezuela that is pledged as collateral after May 21, 2018, including accounts receivable