Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices 40881

Authority: 49 U.S.C. 30141(a)(1)(A) and radioactive material, TCM–946. Specifically, FOR FURTHER INFORMATION CONTACT: (b)(1); 49 CFR 593.8; delegations of authority TCM–946 discussed issues relating to the Regarding the issuance of licenses, at 49 CFR 1.50 and 501.8. development of radionuclide specific Licensing Division (tel.: 202/622–2480); Issued on: August 4, 1995. exemption quantities for radioactive regarding banking and compliance materials in transport and the air transport of Marilynne Jacobs, radioactive material in large quantities or questions, Compliance Programs Director, Office of Vehicle Safety Compliance. with high activity. Division (tel.: 202/622–2490); or, [FR Doc. 95–19712 Filed 8–4–95; 8:45 am] 2. The recommendations made by the TCM regarding legal questions, Chief BILLING CODE 4910±59 on improving individual Member State Counsel’s Office (tel.: 202/622–2410); compliance with existing transport Office of Foreign Assets Control, regulations, TCM–911. Specifically, TCM– Department of the Treasury, Research and Special Programs 911 discussed the issues relating to the Washington, D.C. 20220. Administration quality assurance and quality compliance aspects of the regulations (Chapter 8). SUPPLEMENTARY INFORMATION: International Standards on the 3. The recommendations made by the Electronic Availability Transport of Radioactive Materials; consultant service meeting on the proper packaging and transport of uranium This document is available as an Public Meeting hexafluoride, CT–2430. Specifically, CT– electronic file on The Federal Bulletin AGENCY: Research and Special Programs 2430 discussed proper performance criteria Board the day of publication in the Administration (RSPA) Department of for packages containing uranium Federal Register. By modem dial 202/ hexafluoride, proper handling and Transportation. 512–1387 and type ‘‘/GO FAC’’ or call transportation requirements for uranium 202/512–1530 for disks or paper copies. ACTION: Notice of public meeting. hexafluoride, and changes that needed to be made to the IAEA transportation regulations This file is available for downloading in SUMMARY: This notice is to advise regarding uranium hexafluoride. WordPerfect 5.1, ASCII, and Postscript interested persons that RSPA will 4. The recommendations made by the formats. The document is also conduct a public meeting to discuss consultant service meeting on criticality accessible for downloading in ASCII issues to be considered at the safety during transport, CT–2452. format without charge from Treasury’s International Atomic Energy Agency Specifically, CT–2452 discussed proper Electronic Library (‘‘TEL’’) in the (IAEA) Technical Committee Meeting criticality analysis techniques, regulatory ‘‘Business, Trade and Labor Mall’’ of the (TCM) on the safe transport of exemptions for small quantities of fissile FedWorld bulletin board. By modem materials, and changes that needed to be dial 703/321–3339, and select self– radioactive material to be held made to the IAEA transportation regulations September 25–29, 1995 in Vienna, regarding criticality safety. expanding file ‘‘T11FR00.EXE’’ in TEL. Austria. For Internet access, use one of the The public is invited to attend DATES: September 19, 1995 at 9:30 a.m. following protocols: Telnet = without prior notification. fedworld.gov (192.239.93.3); World ADDRESSES: Room 4200, Nassif DOCUMENTS: Copies of documents Wide Web (Home Page) = http:// Building, 400 Seventh Street SW., relating to the issues to be covered at the www.fedworld.gov; FTP = Washington, DC 20590. TCM are on file in RSPA’s Dockets unit ftp.fedworld.gov (192.239.92.205). FOR FURTHER INFORMATION CONTACT: (Nassif Building, Room 8421) and may Background Richard Boyle, Chief, Radioactive be viewed Monday—Friday from 8:00 Materials Branch, Office of Hazardous a.m. to 4:30 p.m. Documents may also In Executive Order No. 12613 of Materials Technology, Department of be ordered by contacting RSPA’s October 29, 1987 (3 CFR, 1987 Comp., Transportation, Washington, DC 20590; Dockets Unit at (202) 366–4453. p. 256, 52 FR 41940), President Reagan (202) 366–4545. Issued in Washington, DC, on August 4, imposed import sanctions against , SUPPLEMENTARY INFORMATION: This TCM 1995. invoking the authority, inter alia, of the is the fourth and final meeting of the Alan I. Roberts, International Security and Development committee responsible for producing the Associate Administrator for Hazardous Cooperation Act of 1985, 22 U.S.C. 1996 edition of the IAEA’s Regulations Materials Safety. 2349aa–9 (‘‘ISDCA’’). In Executive for the Safe Transport of Radioactive [FR Doc. 95–19713 Filed 8–9–95; 8:45 am] Order 12957 of March 15, 1995 (60 FR Material, Safety Series No. 6, and will 14615, March 17, 1995), President BILLING CODE 4910±60±M serve as the final opportunity for the Clinton declared a national emergency IAEA Member States to propose and with respect to the actions and policies discuss additions and deletions to the of the Government of Iran, invoking the 1996 edition of the transportation DEPARTMENT OF THE TREASURY authority, inter alia, of the International regulations. A draft of the 1996 edition Emergency Economic Powers Act, 50 of the IAEA regulations was made Office of Foreign Assets Control U.S.C. 1701–06 (‘‘IEEPA’’). The available by RSPA for review and Implementation of Executive Order No. President substantially supplemented comment on April 11, 1995. Although 12959 With Respect to Iran and amended the sanctions in those any aspect of the revised regulations orders in Executive Order 12959 of May may be discussed, the primary task of AGENCY: Office of Foreign Assets 6, 1995 (60 FR 24757, May 9, 1995), this committee is to consider issues Control, Treasury. invoking the authority, inter alia, of raised by industry and the public during ACTION: Notice; publication of general IEEPA and ISDCA. In the Executive the comment period and the proposals licenses and general notices. orders, the President imposed specified for amendment made by the two TCMs , and authorized and two consultant services meetings SUMMARY: The Office of Foreign Assets the Secretary of the Treasury, in which have been held since the Control is publishing its interim general consultation with the Secretary of State, committee last met in October of 1994. licenses and general notices issued to take such actions, including the The major issues on the agenda are: through July 21, 1995, to implement promulgation of rules and regulations, 1. The recommendations made the TCM on recently imposed economic sanctions as might be necessary to carry out the the development of transport regulations for on Iran. purposes of those orders. 40882 Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices

The Office of Foreign Assets Control the Government of Iran that were operated in accordance with General License is publishing its interim general licenses authorized pursuant to Federal No. 3, issued contemporaneously with this and general notices issued through July regulations in force immediately prior to license. 21, 1995, to provide guidance to the Transfer instructions directing the May 7, 1995, or movement of funds or the performance of public on its interpretation of Executive (iii) Transactions relating to goods or other banking services that would directly or Order 12959. Whenever possible, it is services of Iranian origin or owned or indirectly benefit persons in Iran or the the practice of the Office of Foreign controlled by the Government of Iran Government of Iran are requests for the Assets Control to receive written other than transactions relating to exportation of services. Such services may submissions or hold informal importation into the United States of not be performed by a U.S. banking consultations with interested parties such goods or services, institution, and thus the transfer instructions before the issuance of any rule or other all obligations under the pre–existing must be rejected, unless the transfer is public document. Any interested person trade contract must be fully completed authorized by the general license below or by a specific or another general license issued may write the Director of the Office of prior to 12:01 a.m. EDT, June 6, 1995. by the Office of Foreign Assets Control Foreign Assets Control at the above (b) In order to complete performance (‘‘OFAC’’). Pursuant to section 8(a)(i) of the address to make comments or of a pre–existing trade contract, and Order, contracts for the provision of financial suggestions with respect to the general consistent with section 8(a) of Executive services in force on May 6, 1995 (including licenses and general notices printed Order 12959, the arrangement or the account contracts for Iranian Accounts) below. renegotiation of contracts for may continue to be performed through 12:01 transactions necessary and incidental to a.m. EDT, June 6, 1995.] GENERAL LICENSE NO. 1 performance of the pre–existing trade (a) United States banking institutions contract is authorized. Such incidental (‘‘U.S. banking institutions’’) are 30±Day Delayed Effective Date for Pre± transactions may include, for example, authorized to process transfers of funds May 7, 1995 Trade Contracts Involving financing, shipping and to or from Iran, or for the direct or Iran arrangements. Amendments to pre– indirect benefit of persons in Iran, the existing trade contracts for the purpose Government of Iran, or entities owned (a) All transactions necessary to of accelerating a previously–specified or controlled by the Government of Iran, complete performance of a trade delivery schedule under a contract for a if the transfer is covered in full by any contract entered into prior to May 7, fixed quantity or value of goods, of the following conditions and does not 1995, and involving Iran (a ‘‘pre– technology or services, or curtailing or involve debiting or crediting an Iranian existing trade contract’’), including the cancelling required performance, are Account: exportation of goods, services (including authorized without specific licensing. (1) The transfer arises from an ), or technology from Any other alteration of the trade underlying transaction that is not the United States that were authorized contract must be specifically licensed by prohibited by or not subject to the Order pursuant to Federal regulations in force OFAC. (such as a third–country transaction not immediately prior to May 7, 1995, or (c) The existence of a contract will be involving a United States person or not performance under a contract for determined with reference to the otherwise prohibited by the Order); or transactions in Iranian–origin or Iranian principles contained in Article 2 of the (2) The transfer arises from an government–owned or controlled goods Uniform Commercial Code. underlying transaction that has been or services not involving importation (d) No U.S. person may change its authorized by a specific or general into the United States, are authorized policies or operating procedures in license issued by the Office of Foreign without specific licensing by the Office order to enable a foreign entity owned Assets Control; or of Foreign Assets Control (‘‘OFAC’’) if or controlled by U.S. persons to enter (3) The transfer arises from an the conditions in subsection (a)(1) or into a transaction that could not be underlying transaction that is exempted subsection (a)(2) are met: entered into directly by a U.S. person from regulation pursuant to section (1) If the pre–existing trade contract is located in the United States pursuant to 203(b) of the International Emergency for exportation of goods or technology Executive Order 12959. Economic Powers Act, 50 U.S.C. from the United States that were 1702(b), such as an exportation of Issued: May 19, 1995 authorized pursuant to Federal R. Richard Newcomb, information or informational materials regulations in force immediately prior to Director, Office of Foreign Assets Control. to Iran, a travel–related remittance, or May 7, 1995, the goods or technology payment for the shipment of a donation must be exported from the United States GENERAL LICENSE NO. 2 of articles to relieve human suffering; or prior to 12:01 a.m. EDT, June 6, 1995, (4) The transfer is a non–commercial and all other activity by U.S. persons Payment and U.S. Dollar Clearing remittance to or from Iran, such as a that is necessary and incidental to the Transactions Involving Iran family remittance not related to a performance of the pre–existing trade family–owned enterprise. contract (other than payment under a [Note: The following general license is (b) Before a U.S. banking institution financing contract) must be completed issued pursuant to the authority delegated to initiates a payment subject to the Order prior to 12:01 a.m. EDT, August 6, 1995; the Secretary of the Treasury in Executive on behalf of a customer, or credits a or Order 12959 of May 6, 1995, 60 FR 24757 transfer subject to the Order to the (2) If the pre–existing trade contract is (May 9, 1995—the ‘‘Order’’). Section 1(b) of account on its books of the ultimate for: the Order prohibits the exportation of beneficiary, the U.S. banking institution (i) The provision of services services (including financial services) to Iran. must determine that the transfer is not benefitting a person in Iran, the This general license provides guidance to prohibited by the Order. U.S. banking institutions for the transfer of (c) Pursuant to the prohibitions in Government of Iran, or an entity owned funds not involving accounts of persons or controlled by the Government of Iran, located in Iran, the Government of Iran, or section 1(f) of the Order, a United States or entities owned or controlled by the banking institution may not make (ii) The reexportation of goods or Government of Iran maintained on the books transfers to or for the benefit of a technology to Iran, the Government of of a U.S. banking institution (‘‘Iranian foreign–organized entity owned or Iran, or an entity owned or controlled by Accounts’’). Iranian Accounts must be controlled by it if the underlying Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices 40883 transaction would be prohibited if Iranian Accounts at the instruction of Compliance Programs Division of the engaged in directly by the U.S. banking the Government of Iran, entities owned Office of Foreign Assets Control at institution. or controlled by the Government of Iran, (202)622–2490. (d) This general license does not and persons located in Iran, except that Issued: June 1, 1995 authorize transactions with respect to U.S. financial institutions are R. Richard Newcomb, property blocked pursuant to residual authorized to provide and be Director, Office of Foreign Assets Control. provisions of the Iranian Assets Control compensated for services and incidental Regulations, 31 C.F.R. Part 535. transactions with respect to: (e) For the purposes of this general (1) The maintenance of Iranian ANNEX TO GENERAL LICENSE NO. 3 license: Accounts, including the payment of (1) The term ‘‘United States banking and the debiting of service Controlled by the Government institution’’ or ‘‘U.S. banking charges, of Iran institution’’ means: (2) The processing of transfers arising (i) Any entity organized under the from underlying transactions that are The following banks have been determined laws of any jurisdiction within the exempted from regulation pursuant to to be owned or controlled by the United States (including its foreign section 203(b) of the International Government of Iran: branches), and Emergency Economic Powers Act, 50 AGRICULTURAL COOPERATIVE OF (ii) Any agency, office, or branch U.S.C. 1702(b), such as an exportation of IRAN (a.k.a. BANK TAAVON located in the United States of a foreign information or informational materials KESHAVARZI IRAN), No. 129 Patrice Lumumba Street, Jalal–Al–Ahmad entity, to Iran, a travel–related remittance, or that is engaged primarily in the business Expressway, P.O. Box 14155/6395, payment for the shipment of a donation , Iran of banking, including accepting deposits of articles to relieve human suffering, AGRICULTURAL DEVELOPMENT BANK OF and making, granting, transferring, and IRAN (a.k.a. BANK JOSIAIYI holding, or brokering loans or credits. (3) At the request of the account party, KESHAHVARZI), Farahzad Expressway, The term includes, among others, the closing of Iranian Accounts and the Tehran, Iran depository institutions, banks, savings lump sum transfer only to the account BANK JOSIAIYI KESHAHVARZI (a.k.a. banks, savings associations, mortgage party of all remaining funds and other AGRICULTURAL DEVELOPMENT companies, credit unions, and trust assets in the account. BANK OF IRAN), Farahzad Expressway, companies; (c) Specific licenses may be issued Tehran, Iran (2) The term ‘‘United States person’’ with respect to the operation of Iranian BANK MARKAZI JOMHOURI ISLAMI IRAN means any United States citizen, Accounts that constitute accounts of: (a.k.a. THE OF IRAN), permanent resident alien, juridical (1) Foreign government missions and Ferdowsi Avenue, P.O. Box 11365–8551, person organized under the laws of the their personnel in Iran, or Tehran, Iran United States or any jurisdiction within (2) Missions of the Government of (a.k.a. HOUSING BANK (of Iran)), Ferdowsi St., Tehran, Iran the United States (including foreign Iran in the United States. (d) For the purposes of this general , Park Shahr, Varzesh branches), or any person in the United Avenue, P.O. Box 11365/5964, Tehran, States, and vessels and aircraft of U.S. license the term ‘‘United States financial Iran, and all offices worldwide, registration. institution’’ means: including, but not limited to: For further information concerning (1) Any entity organized under the BANK MELLAT (Branch), Ziya Gokalp this general license contact the laws of any jurisdiction within the Bulvari No. 12, Kizilay, , Compliance Programs Division of the United States (including its foreign BANK MELLAT (Branch), Binbir Cicek Office of Foreign Assets Control at branches), and Sokak, Buyukdere Caddesi, P.O. Box 67, (202)622–2490. (2) Any agency, office, or branch Levant, , Turkey located in the United States of a foreign BANK MELLAT (Branch), 48 Gresham Street, Issued: June 1, 1995 entity, EC2V 7AX, England R. Richard Newcomb, that is engaged primarily in the business BANK MELLI, P.O. Box 11365–171, Ferdowsi Director, Office of Foreign Assets Control. of accepting deposits, making, granting, Avenue, Tehran, Iran, and all offices transferring, holding, or brokering loans worldwide, including, but not limited to: GENERAL LICENSE NO. 3 or credits, or purchasing or selling BANK MELLI (Branch), 4 Moorgate, London foreign exchange, securities, commodity EC2R 6AL, England Exportation of Services: Iranian futures or options, or procuring BANK MELLI (Branch), Schadowplatz 12, Accounts at U.S. Financial Institutions purchasers and sellers thereof, as 4000 Dusseldorf 1, BANK MELLI (Branch), Friedenstrasse 4, principal or agent. The term includes, [Note: The following general license is P.O. Box 160 154, 6000 am issued pursuant to the authority delegated to among others, depository institutions, Main, Germany the Secretary of the Treasury in Executive banks, savings banks, savings BANK MELLI (Branch), P.O. Box 112129, Order 12959 of May 6, 1995, 60 FR 24757 associations, mortgage companies, Holzbruecke 2, 2000 11, (May 9, 1995).] credit unions, trust companies, Germany (a) Until 12:01 a.m. EDT, June 6, 1995, securities brokers and dealers, BANK MELLI (Branch), Odeonsplatz 18, U.S. financial institutions are commodity futures and options brokers 8000 Munich 22, Germany authorized to perform services with and dealers, forward contract and BANK MELLI (Branch), 43 Avenue respect to accounts held on their books foreign exchange merchants, securities Montaigne, 75008 , for persons located in Iran, the and commodities exchanges, clearing BANK MELLI (Branch), 601 Gloucester corporations, investment companies, Tower, The Landmark, 11 Pedder Street, Government of Iran, or entities owned P.O. Box 720, or controlled by the Government of Iran, employee benefit plans, insurance companies, issuers, and U.S. BANK MELLI (Representative Office), 333 pursuant to contracts in force as of May New Tokyo Building, 3–1 Marunouchi, 6, 1995 (‘‘Iranian Accounts’’). holding companies, U.S. affiliates, or 3–chome, Chiyoda–ku, Tokyo, Japan (b) After 12:01 a.m. EDT, June 6, 1995, U.S. subsidiaries of any of the foregoing. BANK MELLI (Agency), 818 Wilshire U.S. financial institutions are prohibited For further information concerning Boulevard, Los Angeles, California from performing services with respect to this general license contact the 90017, U.S.A. 40884 Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices

BANK MELLI (Agency), 767 Fifth Avenue, (Branch), Alghobairi DEUTSCH–IRANISCHE HANDELSBANK AG 44th Floor, New York, New York 10153, Boulevard, , (n.k.a. EUROPAEISCH–IRANISCHE U.S.A. BANK SADERAT IRAN (Branch), 28 Sherif HANDELSBANK AG) Depenau 2, W– BANK MELLI (Representative Office), Street, P.O. Box 462, Cairo, Egypt 2000 Hamburg 1, Germany, and all Smolensky Boulevard 22/14, Kv. S., BANK SADERAT IRAN (Branch), Old Ben– offices worldwide, including, but not , Russia Ghanem Street (next to God Market), limited to: BANK MELLI (Branch), Flat No. 1, First P.O. Box 2256, , DEUTSCH–IRANISCHE HANDELSBANK AG Floor, 8 Al Sad El–Aaly, Dokki, P.O. Box BANK SADERAT IRAN (Branch), (n.k.a. EUROPAEISCH–IRANISCHE 2654, Cairo, Egypt Almaktoum Road, P.O. Box 4182, Deira, HANDELSBANK AG) (Representative BANK MELLI (Branch), Ben Yas Street, P.O. , U.A.E. Office), 23 Argentine Square, Beihaghi Box No. 1894, Riga Deira, Dubai, U.A.E. BANK SADERAT IRAN (Branch), Bazar Bulvard, P.O. Box 15815/1787, Tehran BANK MELLI (Branch), P.O. Box 2656, Murshid, P.O. Box 4182, Deira, Dubai, 15148, Iran Shaikha Maryam Building, Liwa Street, U.A.E. EUROPAEISCH–IRANISCHE , U.A.E. BANK SADERAT IRAN (Branch), Alfahid HANDELSBANK AG (f.k.a. DEUTSCH– BANK MELLI (Branch), B.P.O. Box 1888, Road, P.O. Box 4182, Bur Dubai, Dubai, IRANISCHE HANDELSBANK AG) Clock Tower, Industrial Road, Al–Ain U.A.E. Depenau 2, W–2000 Hamburg 1, Club Building in from Emertel Al Ain, Al BANK SADERAT IRAN (Branch), Sherea Germany, and all offices worldwide, Ain, Abu Dhabi, U.A.E. Shekikh Zayad Street, P.O. Box 55, including, but not limited to: BANK MELLI (Branch), P.O. Box 1894, Riqa, Fujairah, U.A.E. EUROPAEISCH–IRANISCHE Ban Yas Street, Deira, Dubai, U.A.E. BANK SADERAT IRAN (Branch), Wilhelm HANDELSBANK AG (f.k.a. DEUTSCH– BANK MELLI (Branch), Mohd–Habib Leuschner Strasse 41, P.O. Box 160151, IRANISCHE HANDELSBANK AG) Building, Al–Fahidi Street, P.O. Box W–6000 Frankfurt am Main, Germany (Representative Office), 23 Argentine 3093, Bur Dubai, Dubai, U.A.E. BANK SADERAT IRAN (Branch), P.O. Box Square, Beihaghi Bulvard, P.O. Box BANK MELLI (Branch), P.O. Box 248, 112227, Hopfenhof Passage, Kleiner 15815/1787, Tehran 15148, Iran Fujairah, U.A.E. Bustah 6–10, W–2000 Hamburg 11, HOUSING BANK (of Iran) (a.k.a. BANK BANK MELLI (Branch), Sami Sagar Building Germany MASKAN), Ferdowsi St., Tehran, Iran Street Al–Nakheel, P.O. Box 5270, BANK SADERAT IRAN (Branch), Lothbury, IRAN OVERSEAS INVESTMENT BANK Ras–Al Khaimah, U.A.E. London EC2R 7HD, England LIMITED (f.k.a. IRAN OVERSEAS BANK MELLI (Branch), P.O. Box 459, Al BANK SADERAT IRAN (Representative INVESTMENT CORPORATION Bory Street, , U.A.E. Office), 707 Wilshire Boulevard, Suite LIMITED), 120 Moorgate, London EC2M BANK MELLI (Branch), P.O. Box 785, 4880, Los Angeles, California 90017, 6TS, England, and all offices worldwide, Government Road, Shaikh Mubarak U.S.A. including, but not limited to: Building, , BANK SADERAT IRAN (Agency), 375 Park IRAN OVERSEAS INVESTMENT BANK BANK MELLI (Branch), P.O. Box 23309, Avenue, New York, New York 10152, LIMITED (Representative Office), 1137 Shaikh Salman Street, Road No. 1129, U.S.A. Avenue Vali Asr off Park–e–SAll, P.O. Muharraq 211, Bahrain BANK SADERAT IRAN (Branch), P.O. Box Box 15115/531, Tehran, Iran BANK MELLI (Branch), P.O. Box 5643, 4269, Mutrah, , Oman IRAN OVERSEAS INVESTMENT BANK Mossa Abdul Rehman Hassan Building, LIMITED (Agency), Suite 3c Olympia 238 Al Burj St., Ruwi, Muscat, Oman BANK SADERAT IRAN (Branch), 16 rue de la Paix, Paris 2eme, 75002 Paris, France House, 61/63 Dame Street, Dublin 2, BANK OF INDUSTRY AND MINE (of Iran) Ireland BANK SADERAT IRAN (Branch), Alaroba (a.k.a. BANK SANAT VA MADAN), IRAN OVERSEAS INVESTMENT BANK Road, P.O. Box 316, Sharjah, U.A.E. Hafez Avenue, P.O. Box 11365/4978, LIMITED (Agency), Improgetti, Via BANK SANAT VA MADAN (a.k.a. BANK OF Tehran, Iran Germanico 24, 00192 , INDUSTRY AND MINE (of Iran)), Hafez BANK REFAH KARGARAN (a.k.a. IRAN OVERSEAS TRADING COMPANY Avenue, P.O. Box 11365/4978, Tehran, WORKERS WELFARE BANK (of Iran)), LIMITED (Subsidiary), 120 Moorgate, Iran Moffettah No. 125, P.O. Box 15815 1866, London EC2M 6TS, England , Emam Khomeini Square, P.O. Tehran, Iran IRAN OVERSEAS INVESTMENT Box 11364, Tehran, Iran, and all offices BANK SADERAT IRAN, Bank Saderat Tower, CORPORATION LIMITED (n.k.a. IRAN worldwide, including, but not limited to: P.O. Box 15745–631, Somayeh Street, OVERSEAS INVESTMENT BANK Tehran, Iran, and all offices worldwide, BANK SEPAH (Branch), Muenchener Strasse LIMITED), 120 Moorgate, London EC2M including, but not limited to: 49, P.O. Box 10 03 47, W–6000 Frankfurt 6TS, England BANK SADERAT IRAN (Branch), Hamdam am Main 1, Germany THE (a.k.a. Street, Airport Road Intersection, P.O. BANK SEPAH (Branch), 5/7 Eastcheap, BANK MARKAZI JOMHOURI ISLAMI Box 700, Abu Dhabi, U.A.E. EC3M 1JT London, England IRAN), Ferdowsi Avenue, P.O. Box BANK SADERAT IRAN (Branch), Al–Am BANK SEPAH (Branch), 650 Fifth Avenue, 11365–8551, Tehran, Iran Road, P.O. Box 1140, Al Ein, Abu Dhabi, New York, New York 10019, U.S.A. WORKERS WELFARE BANK (of Iran) (a.k.a. U.A.E. BANK SEPAH (Branch), 17 Place Vendome, BANK REFAH KARGARAN), Moffettah BANK SADERAT IRAN (Branch), Liwara 75001 Paris, France. No. 125, P.O. Box 15815 1866, Tehran, Street, P.O. Box 16, Ajman, U.A.E. BANK SEPAH (Branch), Via Barberini 50, Iran BANK SADERAT IRAN (Branch), 3rd Floor 00187 Rome, Italy Dom Dasaf Building, Mejloka Street 7A, BANK SEPAH (Representative Office), Ashkhabad, Ufficio di Rappresentan Za, Via Ugo GENERAL LICENSE NO. 4 BANK SADERAT IRAN (Branch), 25–29 Foscolo 1, 20121 Milan, Italy Panepistimiou Street, P.O. Box 4308, BANK TAAVON KESHAVARZI IRAN (a.k.a. Transactions in Iranian±Origin and GR–10210, 10672, AGRICULTURAL COOPERATIVE BANK Iranian Government Property BANK SADERAT IRAN (Branch), Imam Ali OF IRAN) No. 129 Patrice Lumumba Street, Sahat Yaghi, Ras Elain–Alektisad Street, Jalal–Al–Ahmad Expressway, [Note: The following general license is Building 2nd Floor, Baalbeck, Lebanon P.O. Box 14155/6395, Tehran, Iran issued pursuant to the authority delegated to BANK SADERAT IRAN (Branch and Offshore BANK TEJARAT, 130 Taleghani Avenue, the Secretary of the Treasury in Executive Banking Unit), 106 Government Road, Nejatoullahie, P.O. Box 11365–5416, Order 12959 of May 6, 1995, 60 FR 24757 P.O. Box 825, Manama Town 316, Tehran, Iran, and all offices worldwide, (May 9, 1995—the ‘‘Order’’).] Bahrain including, but not limited to: BANK SADERAT IRAN (Branch), Hamra BANK TEJARAT (Branch), 6/8 Clements (a) Except for transactions involving Pavillion Street, Savvagh and Daaboul Lane, London EC4N 7AP, England the Government of Iran or an entity Building 1st Floor, P.O. Box 113–6717, BANK TEJARAT (Branch), 44 Avenue des owned or controlled by the Government Beirut, Lebanon Champs Elysees, 75008 Paris, France of Iran, all domestic transactions with Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices 40885 respect to Iranian–origin goods located personal goods authorized’’) are hereby Export Administration Act of 1979, 50 in the United States are authorized, prohibited. U.S.C. App. 2401–2420 (1993) (the provided that this paragraph (a) does (d) In addition to transactions ‘‘EAA’’), or section 6 of the EAA to the not affect the status of property blocked authorized by paragraph (c)(1) of this extent that such controls promote the pursuant to 31 C.F.R. Part 535 or general license, a U.S. person is nonproliferation or antiterrorism detained or seized, or subject to authorized after 12:01 a.m. EDT, June 6, policies of the United States, including detention or seizure, pursuant to 31 1995, to use or dispose of Iranian–origin ‘‘software’’ that is not ‘‘publicly C.F.R. Part 560 or the Order. household and personal effects that are available’’ as these terms are defined in (b) All transactions necessary and located outside the United States and 15 CFR Parts 779 and 799.1 (1994); or incidental to a U.S. person’s disposition that have been acquired by the U.S. (ii) With respect to which acts are of goods or services of Iranian origin or person in transactions not prohibited by prohibited by 18 U.S.C. chapter 37; and owned or controlled by the Government 31 C.F.R. Part 560 or the Order. (3) The terms ‘‘information’’ and of Iran that are located or to be Issued: June 3, 1995 ‘‘informational materials’’ do not performed outside the United States and R. Richard Newcomb, include blank media for the recording of were acquired by that U.S. person in Director, Office of Foreign Assets Control. information. transactions not prohibited by 31 C.F.R. Issued: June 14, 1995 Part 535 or Part 560, or by the Order, are GENERAL LICENSE NO. 5 R. Richard Newcomb, authorized, provided: Director, Office of Foreign Assets Control. (1) The disposition does not result in Exportation and Importation of the importation of such goods or Information and Informational GENERAL LICENSE NO. 6 services into the United States, and Materials (2) The disposition is completed no Diplomatic Pouches later than 12:01 a.m. EDT, August 6, [Note: The following general license is 1995. issued pursuant to the authority delegated to [Note: The following general license is (c) Except as provided in paragraph the Secretary of the Treasury in Executive issued pursuant to the authority delegated to (a), after 12:01 a.m. EDT, June 6, 1995, Order 12959 of May 6, 1995, 60 FR 24757 the Secretary of the Treasury in Executive U.S. persons may not deal in goods or (May 9, 1995).] Order No. 12959 of May 6, 1995 (60 FR 24757, May 9, 1995).] services of Iranian origin or owned or (a) The exportation to Iran of controlled by the Government of Iran, information and informational All transactions in connection with except that the following transactions materials, whether commercial or the importation into the United States are authorized: otherwise, regardless of format or from Iran, or the exportation from the (1) Transactions by a U.S. person with medium of transmission, is exempt from United States to Iran, of diplomatic third–country nationals incidental to the prohibitions contained in Executive pouches and their contents are the storage and maintenance in third Order 12959. authorized. countries of Iranian–origin goods owned (b) The importation of information Issued: June 14, 1995 prior to May 7, 1995, by that U.S. person and informational materials of Iranian R. Richard Newcomb, or acquired thereafter by that U.S. origin from any location, whether Director, Office of Foreign Assets Control. person consistent with the provisions of commercial or otherwise, regardless of the Order; format or medium of transmission, is GENERAL LICENSE NO. 7 (2) Exportation of Iranian–origin authorized. (c) All financial and other household and personal effects from the Policy Governing News Organization transactions related to the importation United States incident to the relocation Offices or exportation of information and of U.S. persons outside the United informational materials are authorized. [Note: The following general license is States; (d) Specific licenses may be issued on (3) Importation of Iranian–origin issued pursuant to the authority delegated to a case–by–case basis for the exportation the Secretary of the Treasury in Executive household and personal effects, of equipment necessary for the Order 12959 of May 6, 1995, 60 FR 24757 including baggage and articles for family establishment of news wire feeds or (May 9, 1995).] use, of persons arriving in the United other transmissions of information or (a) Specific licenses may be issued States; to qualify, articles included in informational materials. authorizing transactions necessary for such effects must have been actually (e) For the purposes of this general the establishment and operation of news used by such persons or their family license: bureaus in Iran by U.S. organizations members abroad, must not be intended (1) The term informational materials whose primary purpose is the gathering for any other person or for sale, and includes, without limitation: and dissemination of news to the must not be otherwise prohibited from (i) Publications, films, posters, general public. importation; phonograph records, photographs, (b) Transactions that will be (4) Purchase for personal use or microfilms, microfiche, tapes, compact authorized include but are not limited consumption in Iran of Iranian–origin disks, CD ROMs, artwork and news wire to those incident to the following: goods or services; and feed; (1) Leasing office space and securing (5) Transactions authorized pursuant (ii) To be considered informational related goods and services; to Subpart E of 31 C.F.R. Part 560, materials, artwork must be classified (2) Hiring support staff; except that importations after 12:01 a.m. under chapter subheading 9701, 9702, (3) Purchasing Iranian–origin goods EDT, June 6, 1995, pursuant to or 9703 of the Harmonized Tariff for use in the operation of the office; authorizations contained in §§ 560.503 Schedule of the United States; and (‘‘Importation pursuant to prior (2) The terms information and (4) Paying fees related to the operation contractual agreements’’), 560.504 informational materials with respect to of the office in Iran. (‘‘Iranian goods in third countries prior U.S. exports do not include items: (c) Specific licenses may be issued to effective date’’), and 560.514 (i) That would be controlled for authorizing transactions necessary for (‘‘Importation of household effects and export pursuant to section 5 of the the establishment and operation of news 40886 Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices bureaus in the United States by Iranian GENERAL LICENSE NO. 9 GENERAL LICENSE NO. 10 organizations whose primary purpose is the gathering and dissemination of news Iranian Government Missions in the Transactions Related to the Resolution to the general public. United States of Disputes Between the United States (d) The number assigned to such or United States Nationals and the specific licenses should be referenced in [Note: The following general license is Government of Iran all import and export documents and in issued pursuant to the authority delegated to the Secretary of the Treasury in Executive [Note: The following general license is all funds transfers and other banking Order 12959 of May 6, 1995, 60 FR 24757 issued pursuant to the authority delegated to transactions through banking (May 9, 1995).] the Secretary of the Treasury in Executive institutions organized or located in the Order 12959 of May 6, 1995, 60 FR 24757 United States in connection with the (a) All transactions ordinarily (May 9, 1995—the ‘‘Order’’). Section 1 of the licensed transactions to avoid incident to the importation of goods or Order contains prohibitions on transactions disruption of the trade and financial services into the United States by, the with respect to Iran that are applicable except exportation of goods or services from to the extent provided in regulations, orders, transactions. directives or licenses that may be issued the United States by, or the provision of Issued: June 14, 1995 pursuant to the Order. At the time of signing R. Richard Newcomb, goods or services in the United States to, the Order, the President directed the Director, Office of Foreign Assets Control. the missions of the government of Iran Secretary of the Treasury to authorize to international organizations in the through licensing, inter alia, ‘‘transactions by United States, and Iranians admitted to United States persons related to the Iran–U.S. GENERAL LICENSE NO. 8 the United States under section Claims Tribunal in The Hague, established pursuant to the Algiers Accords, and other 101(a)(15)(G) of the Immigration and Exportation of Agricultural international obligations and United States Nationality Act (‘‘INA’’), 8 U.S.C. Commodities government functions.’’ This general license 1101(a)(15)(G), are authorized, provided provides a policy statement concerning transactions that will be licensed related to [Note: The following general license is that: the resolution of disputes between the issued pursuant to the authority delegated to (1) The goods or services are for the Government of Iran and the United States or the Secretary of the Treasury in Executive conduct of the official business of the United States nationals at the Iran–U.S. Order 12959 of May 6, 1995, 60 FR 24757 mission, or for personal use personnel Claims Tribunal, other international (May 9, 1995).] admitted to the U.S. under INA section tribunals, and domestic courts in the United (a) All transactions by U.S. persons in 101(a)(15)(G), and are not for resale; and States and abroad.] connection with the exportation from (2) The transaction is not otherwise (a) Specific licenses may be issued on the United States to Iran of any prohibited by law. a case–by–case basis to authorize agricultural commodity under an export (b) All transactions ordinarily transactions in connection with awards, decisions or orders of the Iran–U.S. sales contract are authorized, provided incident to the importation of goods or Claims Tribunal, the International Court (1) such contract was entered into prior services into the United States by, the of Justice, or other international to 12:01 a.m. EDT, May 7, 1995, and (2) exportation of goods or services from the terms of such contract require tribunals (collectively, ‘‘tribunals’’); the United States by, or the provision of agreements settling claims brought delivery of the commodity prior to goods or services in the United States to, February 2, 1996. The performance of before tribunals; and awards, orders, or the Iranian Section of the decisions of an administrative, judicial letters of credit and other financing Embassy of Pakistan (or any successor or arbitral proceeding in the United agreements with respect to exports protecting power) in the United States, States or abroad, where the proceeding authorized by this general license is are authorized, provided that: involves the enforcement of awards, authorized pursuant to their terms. (1) The goods or services are for the decisions or orders of tribunals, or is (b) For purposes of this general conduct of the official business of the contemplated under an international license, the term ‘‘agricultural Interests Section, and are not for resale; agreement, or involves claims arising commodity’’ shall be defined as feed and before 12:01 a.m. EDT, May 7, 1995, that grains, rice, wheat, cotton, peanuts, resolve disputes between the (2) The transaction is not otherwise tobacco, dairy products, and oilseeds Government of Iran and the United prohibited by law. (including vegetable oil). States or United States nationals, (c) All transactions ordinarily (c) Specific licenses may be granted including the following transactions: incident to the provision of goods or on a case–by–case basis for transactions (1) Importation into the United States services in the United States to the by U.S. persons in connection with the of, or any transaction related to, goods employees of Iranian missions to exportation of other agricultural articles and services of Iranian origin or owned international organizations in the from the United States to Iran that do or controlled by the Government of Iran; United States, and to employees of the not fall within the definition of (2) Exportation or reexportation to Iranian Interests Section of the Embassy ‘‘agricultural commodity’’ contained in Iran, the Government of Iran, or an of Pakistan (or any successor protecting paragraph (b) of this general license, entity owned or controlled by the power) in the United States, are provided such exportation is pursuant Government of Iran of any goods, authorized, provided that the to an export sales contract and the technology, or services, except to the transaction is not otherwise prohibited conditions set forth in paragraphs (a)(1) extent that such exportation or by law. reexportation is also subject to export and (a)(2) of this general license are met. Issued: June 14, 1995 licensing application requirements of Issued: June 14, 1995 R. Richard Newcomb, another agency of the United States R. Richard Newcomb, Director, Office of Foreign Assets Control. Government and the granting of such a Director, Office of Foreign Assets Control. license by that agency would be prohibited by law; Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices 40887

(3) Financial transactions related to Order 12959 of May 6, 1995, 60 FR 24757 (2) The representation of the the resolution of disputes at tribunals, (May 9, 1995).] Government of Iran or of a person in including transactions related to the The exportation from the United Iran when named as a defendant in or funding of proceedings or of accounts States to Iran of household and personal otherwise made a party to domestic U.S. related to proceedings or to a tribunal; effects, including baggage and articles legal, arbitration, or administrative participation, representation, or for family use, of persons departing the proceedings; testimony before a tribunal; and the United States to relocate in Iran is (3) The initiation of domestic U.S. payment of awards of a tribunal; and authorized provided the articles legal, arbitration, or administrative (4) Other transactions otherwise included in such effects have been prohibited by the Order necessary to actually used by such persons or their proceedings in defense of property permit implementation of the foregoing family members, are not intended for interests of the Government of Iran that awards, decisions, orders, or any other person or for sale, and are not were in existence prior to May 7, 1995, agreements. otherwise prohibited from exportation. or acquired thereafter in a transaction (b) Specific licenses may be issued on Issued: July 21, 1995 not inconsistent with the Order; a case–by–case basis to authorize R. Richard Newcomb, (4) The representation of the Director, Office of Foreign Assets Control. payment of costs related to the storage Government of Iran or a person in Iran or maintenance of goods in which the before any federal or state agency with Government of Iran or an entity owned GENERAL LICENSE NO. 12 respect to the imposition, or controlled by the Government of Iran administration, or enforcement of Exportation of Legal Services has title, and to authorize the transfer of United States sanctions against Iran; title to such goods, provided that such [Note: The following general license is goods were in the United States on the (5) The initiation and conduct of legal issued pursuant to the authority effective date of the Order and that such proceedings, in the United States or delegated to the Secretary of the goods are the subject of a proceeding abroad, including administrative, Treasury in Executive Order 12959 of judicial and arbitral proceedings and pending before a tribunal. May 6, 1995, 60 FR 24757 (May 9, 1995 (c) Section 560.513 of title 31 of the proceedings before international -- the ‘‘Order’’). The prohibition on the tribunals (including the Iran–U.S. Code of Federal Regulations remains in exportation of services contained in force. Claims Tribunal and the International section 1(b) of the Order applies to Court of Justice): (d)(1) All transactions are authorized services performed in the United States, with respect to the importation of goods or outside the United States by an (i) To resolve disputes between the and services necessary to the initiation individual United States person Government of Iran and the United and conduct of legal proceedings, in the ordinarily resident in the United States States or a United States national; United States or abroad, including or by the overseas branch of an entity (ii) Where the proceeding is administrative, judicial and arbitral located in the United States, and where contemplated under an international proceedings and proceedings before the services are performed on behalf of agreement; or tribunals. a person in Iran or the Government of (2) Specific licenses may be issued on Iran or where the benefit of such (iii) Where the proceeding involves a case–by–case basis to authorize the services is otherwise received in Iran. the enforcement of awards, decisions, or exportation of goods and services The benefit of services performed orders resulting from such legal necessary to the initiation and conduct anywhere in the world on behalf of the proceedings, of legal proceedings, in the United Government of Iran, including services provided that any transaction, unrelated States or abroad, including performed for a controlled entity or a to the provision of legal services or the administrative, judicial and arbitral specially designated national of the payment therefor, that is necessary or proceedings and proceedings before Government of Iran, is presumed to be related to the execution of an award, tribunals, except to the extent that the received in Iran. For example, United decision or order resulting from such exportation is also subject to export States persons may not, without legal proceeding, or otherwise necessary licensing application requirements of authorization from the Office of Foreign to the conduct of such proceeding, shall another agency of the United States Assets Control in the form of a specific require a specific license in accordance Government and the granting of such a or general license, provide legal with General License No. 10; license by that agency would be representation to the Government of prohibited by law. Iran or a person in Iran with respect to (6) The provision of legal advice and For further information concerning contract negotiations, contract counselling to the Government of Iran or this statement of licensing policy, performance, or other business dealings. to a person in Iran in connection with contact the Licensing Division of the The following general license authorizes settlement or other resolution of matters Office of Foreign Assets Control at 202/ the performance of certain legal described in paragraph (5) of this 622–2480. services.] general license; and Issued: June 22, 1995 (a) The provision of the following (7) The provision of legal services in R. Richard Newcomb, legal services to the Government of Iran any other context in which prevailing Director, Office of Foreign Assets Control. or to a person in Iran, and receipt of United States law requires access to payment therefor, are authorized: legal counsel at public expense. GENERAL LICENSE NO. 11 (1) The provision of legal advice and counseling to the Government of Iran or (b) The provision of any other legal to a person in Iran on the requirements services to a person in Iran or the Exportation of Household Goods and Government of Iran requires the Personal Effects to Iran of and compliance with the laws of any jurisdiction within the United States, issuance of a specific license. [Note: The following general license is provided that such advice and Issued: July 21, 1995 issued pursuant to the authority delegated to counselling is not provided to facilitate R. Richard Newcomb, the Secretary of the Treasury in Executive transactions in violation of the Order; Director, Office of Foreign Assets Control. 40888 Federal Register / Vol. 60, No. 154 / Thursday, August 10, 1995 / Notices

GENERAL NOTICE NO. 1 wind–down performance of pre–May 7 New York Agency, Bank trade contracts through a final deadline Melli Iran Los Angeles Agency, Bank Applications for Limited Time of 12:01 a.m. EDT, August 6, 1995. For Saderat Iran New York Agency and Extension to Perform Transactions, agricultural commodities, see General Bank Sepah Iran New York Agency (the Including Exportation License No. 8, issued June 14, 1995. ‘‘Agencies’’) through December 29, 1995 The license application should to complete transactions for U.S. The President, by Executive Order include: • exporters involving letters of credit 12959 of May 6, 1995, 60 FR 24757 Identity of the parties to the trade which they issued, confirmed, or (May 9, 1995—the ‘‘Order’’), prohibited contract; advised. Any letter of credit issued, trade–related transactions with Iran, •Description in detail of the subject goods; • confirmed, or advised by an Agency including the exportation from the Description of the trade contract, United States of all goods, services, and including the date on which the trade may be paid by that Agency, provided contract became binding; that the letter of credit was issued, technology, with certain limited •Description of the financing arrangements; exceptions, to Iran, the Government of confirmed, or advised prior to June 6, and 1995 and that the underlying export was Iran (‘‘GOI’’), or to any entity owned or •Explanation of why an extension is controlled by the GOI, or the financing requested. completed in accordance with the terms of any such prohibited exportation. Applications should be addressed to: of General License No. 1 or a specific General License No. 1, issued May 19, Director, Office of Foreign Assets license issued to the exporter by the 1995, describes those transactions Control, U.S. Department of the Office of Foreign Assets Control. In involving Iran which, pursuant to Treasury, 1500 Pennsylvania Ave., addition, the Agencies have been section 8 of the Order, have a delayed N.W., Washington, DC 20220. authorized to offer discounted advance effective date of 12:01 am EDT, June 6, Telephone inquiries may be made to the payments on deferred payment letters of 1995, or which are authorized in Licensing Division at (202) 622–2480. credit which they issued, confirmed, or connection with those transactions. The Issued: June 28, 1995 advised provided they meet the above 30–day period from the date of the R. Richard Newcomb, criteria. signing of the Order to the effective date Director, Office of Foreign Assets Control. Issued: July 14, 1995 for such pre–existing trade transactions R. Richard Newcomb, involving exportation permitted U.S. GENERAL NOTICE NO. 2 Director, Office of Foreign Assets Control. persons to perform on their pre–May 7 Dated: July 21, 1995. trade contracts while terminating future Payment of Letters of Credit by U.S. binding trade obligations with respect to Agencies of Iranian Banks R. Richard Newcomb, Iran. Director, Office of Foreign Assets Control. This General Notice No. 1 describes [Note: The following general notice is Approved: July 26, 1995. how a person may request additional issued pursuant to the authority delegated to John P. Simpson, time for the performance of a pre–May the Secretary of the Treasury in Executive 7 trade contract by submitting a letter Order 12959 of May 6, 1995, 60 FR 24757 Deputy Assistant Secretary (Regulatory, Tariff providing the information specified (May 9, 1995).] & Trade Enforcement). below. Specific licenses are being The Office of Foreign Assets Control [FR Doc. 95–19832 Filed 8–7–95; 5:03 pm] granted on a case–by–case to permit has issued authorizations that enable BILLING CODE 4810±25±F