Iranian Transactions Regulations, 48795-48797 [E6-13809]
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Federal Register / Vol. 71, No. 162 / Tuesday, August 22, 2006 / Rules and Regulations
Authority: 49 U.S.C. 106(g), 40113, 44701.
§ 39.13
[Amended]
2. The Federal Aviation
Administration (FAA) amends § 39.13
by adding the following new
airworthiness directive (AD):
I
Effective Date
(a) This AD becomes effective September 6,
2006.
Affected ADs
(b) None.
Applicability
(c) This AD applies to all Fokker Model
F27 Mark 050 airplanes, certificated in any
category.
Unsafe Condition
(d) This AD results from reports that the
leading edges of the elevators were found
loose, although the fasteners were still in
place; in one case a stud was broken. In
addition, the fastener attachment holes were
elongated and worn out, and fretting damage
was found on the elevator front spar and
balance weights. Investigation revealed that
vibration, induced by the propeller
slipstream, was the cause of these
discrepancies; the stud failure was due to
improper installation of the fasteners. We are
issuing this AD to prevent jamming,
restricting, or binding of the elevators due to
loose or missing fasteners, which could make
the movement of the elevator difficult and
decrease aerodynamic control of the airplane.
jlentini on PROD1PC65 with RULES
Compliance
(e) You are responsible for having the
actions required by this AD performed within
the compliance times specified, unless the
actions have already been done.
Inspection/Corrective Actions
(f) For all airplanes: Within 6 months after
the effective date of this AD, do the actions
required by paragraphs (f)(1) and (f)(2) of this
AD, in accordance with the Accomplishment
Instructions of Fokker Service Bulletin
SBF50–55–012, dated October 11, 2004.
(1) Do a detailed inspection of the leading
edge sections of the elevators to detect loose
leading edges and to ensure that there is no
gap between the sections and the front spar,
including all applicable corrective actions.
All applicable corrective actions must be
done before further flight.
(2) Determine the type of leading edges
installed on the elevators: If the leading edges
are single-type, no further action is required
by this AD. If the leading edges are dividedtype, repeat the inspection required by
paragraph (f)(1) of this AD thereafter at
intervals not to exceed 6 months, until the
actions specified in paragraph (g) of this AD
have been done.
Note 1: For the purposes of this AD, a
detailed inspection is: ‘‘An intensive
examination of a specific item, installation,
or assembly to detect damage, failure, or
15:24 Aug 21, 2006
Jkt 208001
Issued in Renton, Washington, on August
11, 2006.
Kalene C. Yanamura,
Acting Manager, Transport Airplane
Directorate, Aircraft Certification Service.
[FR Doc. E6–13731 Filed 8–21–06; 8:45 am]
BILLING CODE 4910–13–P
2006–17–09 Fokker Services B.V.:
Amendment 39–14730. Docket No.
FAA–2006–25641; Directorate Identifier
2006–NM–114–AD.
VerDate Aug<31>2005
irregularity. Available lighting is normally
supplemented with a direct source of good
lighting at an intensity deemed appropriate.
Inspection aids such as mirror, magnifying
lenses, etc., may be necessary. Surface
cleaning and elaborate procedures may be
required.’’
48795
Modification
(g) For airplanes equipped with the
‘‘divided type’’ elevators: Within 24 months
after the effective date of this AD, modify the
leading edge sections of the elevators and
apply sealant (including doing the inspection
of the gap and all applicable corrective
actions), in accordance with the
Accomplishment Instructions of Fokker
Service Bulletin SBF50–55–013, dated
October 11, 2004. All applicable corrective
actions must be done before further flight.
Accomplishing the actions in this paragraph
ends the repetitive inspections required by
paragraph (f)(2) of this AD.
Note 2: Fokker Service Bulletin SBF50–55–
013 refers to Fokker Component Service
Bulletins F3203–010–55–01 and F3203–011–
55–02, both dated October 11, 2004, as
additional sources of service information for
modifying the leading edge sections of the
elevators and applying sealant.
Alternative Methods of Compliance
(AMOCs)
(h)(1) The Manager, International Branch,
ANM–116, Transport Airplane Directorate,
FAA, has the authority to approve AMOCs
for this AD, if requested in accordance with
the procedures found in 14 CFR 39.19.
(2) Before using any AMOC approved in
accordance with § 39.19 on any airplane to
which the AMOC applies, notify the
appropriate principal inspector in the FAA
Flight Standards Certificate Holding District
Office.
Related Information
(i) Dutch airworthiness directive NL–2005–
001, dated March 23, 2005, also addresses the
subject of this AD.
Material Incorporated by Reference
(j) You must use Fokker Service Bulletin
SBF50–55–012, dated October 11, 2004; and
Fokker Service Bulletin SBF50–55–013,
dated October 11, 2004; as applicable; to
perform the actions that are required by this
AD, unless the AD specifies otherwise. The
Director of the Federal Register approved the
incorporation by reference of these
documents in accordance with 5 U.S.C.
552(a) and 1 CFR part 51. Contact Fokker
Services B.V., P.O. Box 231, 2150 AE NieuwVennep, the Netherlands, for a copy of this
service information. You may review copies
at the Docket Management Facility, U.S.
Department of Transportation, 400 Seventh
Street, SW., Room PL–401, Nassif Building,
Washington, DC; on the Internet at https://
dms.dot.gov; or at the National Archives and
Records Administration (NARA). For
information on the availability of this
material at the NARA, call (202) 741–6030,
or go to https://www.archives.gov/
federal_register/code_of_federal_regulations/
ibr_locations.html.
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 560
Iranian Transactions Regulations
Office of Foreign Assets
Control, Treasury.
ACTION: Final rule; amendment.
AGENCY:
SUMMARY: The Office of Foreign Assets
Control of the U.S. Department of the
Treasury is amending the Iranian
Transactions Regulations, 31 CFR part
560, effective immediately, to add a new
general license authorizing U.S. persons
who are employees or contractors of six
international organizations to perform
transactions for the conduct of the
official business of those organizations
in or involving Iran.
DATES: Effective date: August 22, 2006.
FOR FURTHER INFORMATION CONTACT:
Assistant Director of Compliance
Outreach/Implementation, tel.: 202/
622–2490, Assistant Director of
Licensing, tel.: 202/622–2480, Assistant
Director of Policy, tel.: 202/622–4855, or
Chief Counsel, tel.: 202/622–2410,
Office of Foreign Assets Control,
Department of the Treasury,
Washington, DC 20220.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional
information concerning OFAC are
available from OFAC’s Web site
(https://www.treas.gov/ofac) or via
facsimile through a 24-hour fax-ondemand service, tel.: 202/622–0077.
Background
The Iranian Transactions Regulations,
31 CFR part 560 (the ‘‘ITR’’), implement
a series of Executive orders with respect
to Iran, beginning with Executive Order
12957, issued on March 15, 1995. In that
order, the President declared a national
emergency pursuant to IEEPA to deal
with the unusual and extraordinary
threat to the national security, foreign
policy, and economy of the United
States constituted by the actions and
policies of the Government of Iran,
including its support for international
terrorism, its efforts to undermine the
Middle East peace process and its efforts
E:\FR\FM\22AUR1.SGM
22AUR1
jlentini on PROD1PC65 with RULES
48796
Federal Register / Vol. 71, No. 162 / Tuesday, August 22, 2006 / Rules and Regulations
to acquire weapons of mass destruction
and the means to deliver them. To deal
with this threat, Executive Order 12957
imposed prohibitions on certain
transactions with respect to the
development of Iranian petroleum
resources. On May 6, 1995, the
President issued Executive Order 12959
imposing comprehensive trade
sanctions to further respond to this
threat, and on August 19, 1997, the
President issued Executive Order 13059
consolidating and clarifying the
previous orders.
In light of the U.S. interest in
promoting the hiring and retention of
Americans by international
organizations, the Treasury
Department’s Office of Foreign Assets
Control (‘‘OFAC’’) today is amending
the ITR, effective immediately, to add a
new general license authorizing U.S.
persons who are employees or
contractors of six international
organizations to perform transactions for
the conduct of the official business of
these organizations in or involving Iran.
Paragraph (a) of new ITR § 560.539
specifies that the performance of
transactions for the conduct of the
official business of the United Nations,
the World Bank, the International
Monetary Fund, the International
Atomic Energy Agency, the
International Labor Organization or the
World Health Organization by U.S.
persons who are employees or
contractors thereof is authorized, except
as provided in paragraph (b) of the new
section.
Paragraph (a) of § 560.539 also
provides examples of authorized
transactions, such as: the provision of
services involving Iran necessary for
carrying out the official business;
purchasing Iranian goods and services
for use in carrying out the official
business; leasing office space and
securing related goods and services;
funds transfers to or from the accounts
of the international organizations
specified in the license, provided that
funds transfers to or from Iran are not
routed through an account of an Iranian
bank on the books of a U.S. financial
institution; and the operation of
accounts for the employees and
contractors in Iran, provided that
transactions conducted through the
accounts are solely for the employee’s or
contractor’s personal use and not for
any commercial purposes in or
involving Iran, and any funds transfers
to or from an Iranian bank are routed
through a third-country bank that is not
a U.S. person.
Paragraph (b) of § 560.539 provides
that this new general license does not
authorize (1) The exportation from the
VerDate Aug<31>2005
15:24 Aug 21, 2006
Jkt 208001
United States to Iran of any goods or
technology listed on the Commerce
Control List in the Export
Administration Regulations, 15 CFR
part 774, supplement No. 1 (CCL); (2)
the reexportation to Iran of any U.S.origin goods or technology listed on the
CCL; or (3) the exportation or
reexportation to Iran of any services not
necessary and ordinarily incident to the
international organization’s official
business in Iran. Such transactions
require separate authorization from
OFAC.
Public Participation
Because the Regulations involve a
foreign affairs function, the provisions
of Executive Order 12866 and the
Administrative Procedure Act (5 U.S.C.
553) (the ‘‘APA’’) requiring notice of
proposed rulemaking, opportunity for
public participation, and delay in
effective date are inapplicable. Because
no notice of proposed rulemaking is
required for this rule, the Regulatory
Flexibility Act (5 U.S.C. 601–612) does
not apply.
Paperwork Reduction Act
As authorized in the APA, the
Regulations are being issued without
prior notice and public comment. The
collections of information related to 31
part 560 are contained in 31 CFR part
501 (the ‘‘Reporting, Procedures and
Penalties Regulations’’). Pursuant to the
Paperwork Reduction Act of 1995 (44
U.S.C. 3507), those collections of
information have been approved by the
Office of Management and Budget under
control number 1505–0164. An agency
may not conduct or sponsor, and a
person is not required to respond to, a
collection of information unless the
collection of information displays a
valid control number.
List of Subjects in 31 CFR Part 560
Administrative practice and
procedure, Banks, Banking, Brokers,
Foreign Trade, Investments, Loans,
Securities, Iran.
I For the reasons set forth in the
preamble, the Office of Foreign Assets
Control amends 31 CFR part 560 as
follows:
PART 560—IRANIAN TRANSACTIONS
REGULATIONS
1. The authority citation for part 560
continues to read as follows:
I
Authority: 3 U.S.C. 301; 18 U.S.C. 2339B,
2332d; 22 U.S.C. 2349aa–9; 31 U.S.C. 321(b);
50 U.S.C. 1601–1651, 1701–1706; Pub. L.
101–410, 104 Stat. 890 (28 U.S.C. 2461 note);
Pub. L. 106–387, 114 Stat. 1549; E.O. 12613,
52 FR 41940, 3 CFR, 1987 Comp., p. 256; E.O.
12957, 60 FR 14615, 3 CFR, 1995 Comp., p.
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Frm 00004
Fmt 4700
Sfmt 4700
332; E.O. 12959, 60 FR 24757, 3 CFR, 1995,
Comp., 356; E.O. 13059, 62 FR 44531, 3 CFR,
1997 Comp., p. 217.
Subpart E—Licenses, Authorizations
and Statements of Licensing Policy
2. Add a new § 560.539 to Subpart E
to read as follows:
I
§ 560.539 Official Activities of Certain
International Organizations.
(a) General License. Except as
provided in paragraph (b) of this
section, the performance of transactions
for the conduct of the official business
of the United Nations, the World Bank,
the International Monetary Fund, the
International Atomic Energy Agency,
the International Labor Organization or
the World Health Organization in or
involving Iran by U.S. persons who are
employees or contractors thereof is
hereby authorized. Authorized
transactions include, but are not limited
to:
(1) The provision of services
involving Iran necessary for carrying out
the official business;
(2) Purchasing Iranian-origin goods
and services for use in carrying out the
official business;
(3) Leasing office space and securing
related goods and services;
(4) Funds transfers to or from
accounts of the international
organizations covered in this paragraph,
provided that funds transfers to or from
Iran are not routed through an account
of an Iranian bank on the books of a U.S.
financial institution; and
(5) The operation of accounts for
employees and contractors located in
Iran who are described in this
paragraph. Transactions conducted
through these accounts must be solely
for the employee’s or contractor’s
personal use and not for any
commercial purposes in or involving
Iran. Any funds transfers to or from an
Iranian bank must be routed through a
third-country bank that is not a U.S.
person.
(b) Limitations. This section does not
authorize:
(1) the exportation from the United
States to Iran of any goods or technology
listed on the Commerce Control List in
the Export Administration Regulations,
15 CFR part 774, supplement No. 1
(CCL);
(2) the reexportation to Iran of any
U.S.-origin goods or technology listed
on the CCL; or
(3) the exportation or reexportation
from the United States or by a U.S.
person, wherever located, to Iran of any
services not necessary and ordinarily
incident to the official business in Iran.
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Federal Register / Vol. 71, No. 162 / Tuesday, August 22, 2006 / Rules and Regulations
Such transactions require separate
authorization from OFAC.
Note to paragraph (b): The CCL includes
items such as laptops, personal computers,
cell phones, personal digital assistants and
other wireless handheld devices/
blackberries, and other similar items. The
exportation of these items to Iran, even on a
temporary basis, is prohibited, unless
specifically authorized in a license issued
pursuant to this part in a manner consistent
with the Iran-Iraq Arms Nonproliferation Act
of 1992 and other relevant law.
(c) Other Requirements. The general
license set forth in this section shall not
operate to relieve any persons
authorized hereunder from compliance
with any other U.S. legal requirements
applicable to the transactions
authorized pursuant to paragraph (a) of
this section.
Dated: August 7, 2006.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets
Control.
Regulatory Information
Approved: August 8, 2006.
Stuart A. Levey,
Under Secretary, Office of Terrorism and
Financial Intelligence, Department of the
Treasury.
[FR Doc. E6–13809 Filed 8–21–06; 8:45 am]
BILLING CODE 4811–37–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 165
[CGD01–06–070]
RIN 1625–AA00
Safety Zone; Gloucester Schooner
Festival Fireworks, Gloucester Harbor,
Gloucester, MA
Coast Guard, DHS.
Temporary final rule.
AGENCY:
jlentini on PROD1PC65 with RULES
ACTION:
SUMMARY: The Coast Guard is
establishing a temporary safety zone for
the Gloucester Schooner Festival
Fireworks display on September 2, 2006
with rain dates of September 3 or
September 4, 2006 in Gloucester, MA,
temporarily closing all waters of
Gloucester Harbor within a four
hundred (400) yard radius of the
fireworks launch site located at Stage
Fort Park at approximate position
42°36.313′ N, 070°40.533′ W. This zone
is necessary to protect the maritime
public from the potential hazards posed
by a fireworks display. The safety zone
temporarily prohibits entry into or
movement within this portion of
VerDate Aug<31>2005
15:24 Aug 21, 2006
Jkt 208001
Gloucester Harbor during its closure
period, unless authorized by the Captain
of the Port, Boston or the COTP’s
designated representative.
DATES: This rule is effective from 8 p.m.
EDT on September 2, 2006 until 10:30
p.m. EDT on September 2, 2006 with
rain dates of September 3 or September
4, 2006.
ADDRESSES: Documents indicated in this
preamble as being available in the
docket are part of docket CGD01–06–
070 and are available for inspection or
copying at Sector Boston, 427
Commercial Street, Boston, MA,
between 8 a.m. and 3 p.m., Monday
through Friday, except Federal holidays.
FOR FURTHER INFORMATION CONTACT:
Chief Petty Officer Paul English, Sector
Boston, Waterways Management
Division, at (617) 223–5456.
SUPPLEMENTARY INFORMATION:
We did not publish a notice of
proposed rulemaking (NPRM) for this
regulation. Under 5 U.S.C. 553(b)(B), the
Coast Guard finds that good cause exists
for not publishing an NPRM because
there was insufficient time to conduct a
notice and comment rulemaking before
the event. Any delay encountered in
this regulation’s effective date would be
contrary to the public interest since the
safety zone is needed to prevent traffic
from transiting a portion of Gloucester
Harbor during the fireworks display and
to provide for the safety of life on
navigable waters.
For the same reasons, the Coast Guard
finds, under 5 U.S.C. 553(d)(3), that
good cause exists for making this rule
effective less than 30 days after
publication in the Federal Register. The
zone should have a minimal negative
impact on vessel transits in Gloucester
Harbor because vessels will be excluded
from the area for only two and one half
hours, and vessels can still safely
operate in other areas of Gloucester
Harbor during the event.
Background and Purpose
The City of Gloucester is holding a
fireworks display to celebrate the
Gloucester Schooner Festival. This rule
establishes a temporary safety zone on
the waters of Gloucester Harbor within
a four hundred (400) yard radius of the
fireworks launch site located at Stage
Fort Park at approximate position
42°36.313′ N, 070°40.533′ W. This safety
zone is necessary to protect the life and
property of the maritime public from the
potential dangers posed by this event. It
will protect the public by prohibiting
entry into or movement within the
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Frm 00005
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48797
proscribed portion of Gloucester Harbor
during the fireworks display.
Marine traffic may transit safely
outside of the zone during the effective
period. The Captain of the Port does not
anticipate any negative impact on vessel
traffic due to this event. Public
notifications will be made prior to and
during the effective period via marine
information broadcasts and Local Notice
to Mariners.
Discussion of Rule
This rule is effective from 8 p.m. EDT
until 10:30 p.m. EDT on September 2,
2006 with rain dates of September 3 and
September 4, 2006. Marine traffic may
transit safely outside of the safety zone
in the majority of Gloucester Harbor
during the event. Given the limited
time-frame of the effective period of the
zone, and the actual size of the zone
compared to the amount of navigable
water around it, the Captain of the Port
anticipates minimal negative impact on
vessel traffic due to this event. Public
notifications will be made prior to and
during the effective period via Local
Notice to Mariners and marine
information broadcasts.
Regulatory Evaluation
This rule is not a ‘‘significant
regulatory action’’ under section 3(f) of
Executive Order 12866, Regulatory
Planning and Review, and does not
require an assessment of potential costs
and benefits under section 6(a)(3) of that
Order. The Office of Management and
Budget has not reviewed it under that
Order.
We expect the economic impact of
this rule to be so minimal that a full
Regulatory evaluation is unnecessary.
Although this rule will prevent traffic
from transiting a portion of Gloucester
Harbor during this event, the effect of
this rule will not be significant for
several reasons: Vessels will be
excluded from the area of the safety
zone for only two and one half hours;
although vessels will not be able to
transit the area in the vicinity of the
zone, they will be able to safely operate
in other areas of Gloucester Harbor
during the effective period; and advance
notifications will be made to the local
maritime community by marine
information broadcasts and Local Notice
to Mariners.
Small Entities
Under the Regulatory Flexibility Act
(5 U.S.C. 601–612), we have considered
whether this rule would have a
significant economic impact on a
substantial number of small entities.
The term ‘‘small entities’’ comprises
small businesses, not-for-profit
E:\FR\FM\22AUR1.SGM
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Agencies
[Federal Register Volume 71, Number 162 (Tuesday, August 22, 2006)]
[Rules and Regulations]
[Pages 48795-48797]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E6-13809]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 560
Iranian Transactions Regulations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Final rule; amendment.
-----------------------------------------------------------------------
SUMMARY: The Office of Foreign Assets Control of the U.S. Department of
the Treasury is amending the Iranian Transactions Regulations, 31 CFR
part 560, effective immediately, to add a new general license
authorizing U.S. persons who are employees or contractors of six
international organizations to perform transactions for the conduct of
the official business of those organizations in or involving Iran.
DATES: Effective date: August 22, 2006.
FOR FURTHER INFORMATION CONTACT: Assistant Director of Compliance
Outreach/Implementation, tel.: 202/622-2490, Assistant Director of
Licensing, tel.: 202/622-2480, Assistant Director of Policy, tel.: 202/
622-4855, or Chief Counsel, tel.: 202/622-2410, Office of Foreign
Assets Control, Department of the Treasury, Washington, DC 20220.
SUPPLEMENTARY INFORMATION:
Electronic and Facsimile Availability
This document and additional information concerning OFAC are
available from OFAC's Web site (https://www.treas.gov/ofac) or via
facsimile through a 24-hour fax-on-demand service, tel.: 202/622-0077.
Background
The Iranian Transactions Regulations, 31 CFR part 560 (the
``ITR''), implement a series of Executive orders with respect to Iran,
beginning with Executive Order 12957, issued on March 15, 1995. In that
order, the President declared a national emergency pursuant to IEEPA to
deal with the unusual and extraordinary threat to the national
security, foreign policy, and economy of the United States constituted
by the actions and policies of the Government of Iran, including its
support for international terrorism, its efforts to undermine the
Middle East peace process and its efforts
[[Page 48796]]
to acquire weapons of mass destruction and the means to deliver them.
To deal with this threat, Executive Order 12957 imposed prohibitions on
certain transactions with respect to the development of Iranian
petroleum resources. On May 6, 1995, the President issued Executive
Order 12959 imposing comprehensive trade sanctions to further respond
to this threat, and on August 19, 1997, the President issued Executive
Order 13059 consolidating and clarifying the previous orders.
In light of the U.S. interest in promoting the hiring and retention
of Americans by international organizations, the Treasury Department's
Office of Foreign Assets Control (``OFAC'') today is amending the ITR,
effective immediately, to add a new general license authorizing U.S.
persons who are employees or contractors of six international
organizations to perform transactions for the conduct of the official
business of these organizations in or involving Iran. Paragraph (a) of
new ITR Sec. 560.539 specifies that the performance of transactions
for the conduct of the official business of the United Nations, the
World Bank, the International Monetary Fund, the International Atomic
Energy Agency, the International Labor Organization or the World Health
Organization by U.S. persons who are employees or contractors thereof
is authorized, except as provided in paragraph (b) of the new section.
Paragraph (a) of Sec. 560.539 also provides examples of authorized
transactions, such as: the provision of services involving Iran
necessary for carrying out the official business; purchasing Iranian
goods and services for use in carrying out the official business;
leasing office space and securing related goods and services; funds
transfers to or from the accounts of the international organizations
specified in the license, provided that funds transfers to or from Iran
are not routed through an account of an Iranian bank on the books of a
U.S. financial institution; and the operation of accounts for the
employees and contractors in Iran, provided that transactions conducted
through the accounts are solely for the employee's or contractor's
personal use and not for any commercial purposes in or involving Iran,
and any funds transfers to or from an Iranian bank are routed through a
third-country bank that is not a U.S. person.
Paragraph (b) of Sec. 560.539 provides that this new general
license does not authorize (1) The exportation from the United States
to Iran of any goods or technology listed on the Commerce Control List
in the Export Administration Regulations, 15 CFR part 774, supplement
No. 1 (CCL); (2) the reexportation to Iran of any U.S.-origin goods or
technology listed on the CCL; or (3) the exportation or reexportation
to Iran of any services not necessary and ordinarily incident to the
international organization's official business in Iran. Such
transactions require separate authorization from OFAC.
Public Participation
Because the Regulations involve a foreign affairs function, the
provisions of Executive Order 12866 and the Administrative Procedure
Act (5 U.S.C. 553) (the ``APA'') requiring notice of proposed
rulemaking, opportunity for public participation, and delay in
effective date are inapplicable. Because no notice of proposed
rulemaking is required for this rule, the Regulatory Flexibility Act (5
U.S.C. 601-612) does not apply.
Paperwork Reduction Act
As authorized in the APA, the Regulations are being issued without
prior notice and public comment. The collections of information related
to 31 part 560 are contained in 31 CFR part 501 (the ``Reporting,
Procedures and Penalties Regulations''). Pursuant to the Paperwork
Reduction Act of 1995 (44 U.S.C. 3507), those collections of
information have been approved by the Office of Management and Budget
under control number 1505-0164. An agency may not conduct or sponsor,
and a person is not required to respond to, a collection of information
unless the collection of information displays a valid control number.
List of Subjects in 31 CFR Part 560
Administrative practice and procedure, Banks, Banking, Brokers,
Foreign Trade, Investments, Loans, Securities, Iran.
0
For the reasons set forth in the preamble, the Office of Foreign Assets
Control amends 31 CFR part 560 as follows:
PART 560--IRANIAN TRANSACTIONS REGULATIONS
0
1. The authority citation for part 560 continues to read as follows:
Authority: 3 U.S.C. 301; 18 U.S.C. 2339B, 2332d; 22 U.S.C.
2349aa-9; 31 U.S.C. 321(b); 50 U.S.C. 1601-1651, 1701-1706; Pub. L.
101-410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 106-387, 114
Stat. 1549; E.O. 12613, 52 FR 41940, 3 CFR, 1987 Comp., p. 256; E.O.
12957, 60 FR 14615, 3 CFR, 1995 Comp., p. 332; E.O. 12959, 60 FR
24757, 3 CFR, 1995, Comp., 356; E.O. 13059, 62 FR 44531, 3 CFR, 1997
Comp., p. 217.
Subpart E--Licenses, Authorizations and Statements of Licensing
Policy
0
2. Add a new Sec. 560.539 to Subpart E to read as follows:
Sec. 560.539 Official Activities of Certain International
Organizations.
(a) General License. Except as provided in paragraph (b) of this
section, the performance of transactions for the conduct of the
official business of the United Nations, the World Bank, the
International Monetary Fund, the International Atomic Energy Agency,
the International Labor Organization or the World Health Organization
in or involving Iran by U.S. persons who are employees or contractors
thereof is hereby authorized. Authorized transactions include, but are
not limited to:
(1) The provision of services involving Iran necessary for carrying
out the official business;
(2) Purchasing Iranian-origin goods and services for use in
carrying out the official business;
(3) Leasing office space and securing related goods and services;
(4) Funds transfers to or from accounts of the international
organizations covered in this paragraph, provided that funds transfers
to or from Iran are not routed through an account of an Iranian bank on
the books of a U.S. financial institution; and
(5) The operation of accounts for employees and contractors located
in Iran who are described in this paragraph. Transactions conducted
through these accounts must be solely for the employee's or
contractor's personal use and not for any commercial purposes in or
involving Iran. Any funds transfers to or from an Iranian bank must be
routed through a third-country bank that is not a U.S. person.
(b) Limitations. This section does not authorize:
(1) the exportation from the United States to Iran of any goods or
technology listed on the Commerce Control List in the Export
Administration Regulations, 15 CFR part 774, supplement No. 1 (CCL);
(2) the reexportation to Iran of any U.S.-origin goods or
technology listed on the CCL; or
(3) the exportation or reexportation from the United States or by a
U.S. person, wherever located, to Iran of any services not necessary
and ordinarily incident to the official business in Iran.
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Such transactions require separate authorization from OFAC.
Note to paragraph (b): The CCL includes items such as laptops,
personal computers, cell phones, personal digital assistants and
other wireless handheld devices/blackberries, and other similar
items. The exportation of these items to Iran, even on a temporary
basis, is prohibited, unless specifically authorized in a license
issued pursuant to this part in a manner consistent with the Iran-
Iraq Arms Nonproliferation Act of 1992 and other relevant law.
(c) Other Requirements. The general license set forth in this
section shall not operate to relieve any persons authorized hereunder
from compliance with any other U.S. legal requirements applicable to
the transactions authorized pursuant to paragraph (a) of this section.
Dated: August 7, 2006.
Barbara C. Hammerle,
Acting Director, Office of Foreign Assets Control.
Approved: August 8, 2006.
Stuart A. Levey,
Under Secretary, Office of Terrorism and Financial Intelligence,
Department of the Treasury.
[FR Doc. E6-13809 Filed 8-21-06; 8:45 am]
BILLING CODE 4811-37-P