Cuban Assets Control Regulations, 10996-10997 [2010-5153]

Download as PDF 10996 Federal Register / Vol. 75, No. 46 / Wednesday, March 10, 2010 / Rules and Regulations From To § 95.3227 MEA § 95.3000 Low Altitude RNAV Routes RNAV Route T227 Is Amended To Read in Part Fairbanks, AK VORTAC ................................................... Pesge, AK FIX .................................................................. Fipsu, AK FIX .................................................................... *7000—MCA CUGOB, AK FIX, S BND Cugob, AK FIX .................................................................. Siklv, AK FIX ..................................................................... Pesge, AK FIX ................................................................. Fipsu, AK FIX ................................................................... Cugob, AK FIX ................................................................. 5500 8400 11000 17500 17500 17500 Siklv, AK FIX .................................................................... Deadhorse, AK VOR/DME ............................................... 4500 2200 17500 17500 From To § 95.6016 § 95.6051 Richmond, VA VORTAC .............................................................. #Dublin, GA VORTAC ................................................................. Ansyn, ME FIX ............................................................................. Bangor, ME VORTAC .................................................................. Red Bluff, CA VORTAC ............................................................... Oscer, TX FIX .............................................................................. Lufkin, TX VORTAC .................................................................... Richmond, VA VORTAC .............................................................. *Lysan, NY FIX ............................................................................ Ymont, UT FIX ............................................................................. Airway segment To § 95.8003 Jacks Creek, TN VOR/DME ............................................. *15000 Changeover points From Distance From VOR Federal Airway Changeover Points Shelbyville, TN VOR/DME ............................................... 50 Jacks Creek BILLING CODE 4910–13–P Final rule. DEPARTMENT OF THE TREASURY ACTION: Office of Foreign Assets Control [FR Doc. 2010–4845 Filed 3–9–10; 8:45 am] erowe on DSK5CLS3C1PROD with RULES 2300 VOR Federal Airway V626 Is Amended To Read in Part Myton, UT VORTAC ..................................................................... *12600—MOCA *12600—GNSS MEA SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is amending the Cuban Assets Control Regulations to implement a provision of the Omnibus Appropriations Act, 2010, containing an interpretation of the term ‘‘payment of cash in advance,’’ which is used to 31 CFR Part 515 Cuban Assets Control Regulations AGENCY: Office of Foreign Assets Control, Treasury. 15:01 Mar 09, 2010 2600 VOR Federal Airway V483 Is Amended To Read in Part Syracuse, NY VORTAC ................................................................ *3000—MRA § 95.6626 3000 *4000 VOR Federal Airway V260 Is Amended To Read in Part Flat Rock, VA VORTAC ................................................................ § 95.6483 *3000 VOR Federal Airway V212 Is Amended To Read in Part Navasota, TX VORTAC ................................................................ Oscer, TX FIX ............................................................................... *1900—MOCA § 95.6260 6500 4000 VOR Federal Airway V195 Is Amended To Read in Part Williams, CA VORTAC .................................................................. *1700—MOCA § 95.6212 *3000 VOR Federal Airway V104 Is Amended To Read in Part Berlin, NH VOR/DME .................................................................... Ansyn, ME FIX .............................................................................. § 95.6195 2600 VOR Federal Airway V51 Is Amended To Read in Part #Alma, GA VORTAC ..................................................................... *1700—MOCA *2000—GNSS MEA #Alma R–345 Unusable, USE Dublin R–170. § 95.6104 MEA § 95.6001 Victor Routes—U.S. VOR Federal Airway V16 Is Amended To Read in Part Flat Rock, VA VORTAC ................................................................ VerDate Nov<24>2008 MAA Jkt 220001 PO 00000 Frm 00002 Fmt 4700 Sfmt 4700 E:\FR\FM\10MRR1.SGM 10MRR1 Federal Register / Vol. 75, No. 46 / Wednesday, March 10, 2010 / Rules and Regulations describe one of the two payment or financing terms for authorized exports from the United States to Cuba pursuant to the Trade Sanctions Reform and Export Enhancement Act of 2000. DATES: Effective Date: March 9, 2010. FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance, Outreach & Implementation, tel.: 202/ 622–2490, Assistant Director for Licensing, tel.: 202/622–2480, Assistant Director for Policy, tel.: 202/622–4855, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622–2410, Office of the General Counsel, Department of the Treasury (not toll free numbers). 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 erowe on DSK5CLS3C1PROD with RULES Section 908(b)(1) of the Trade Sanctions Reform and Export Enhancement Act of 2000 (22 U.S.C. 7207(b)(1)) (‘‘TSRA’’) specifies that the only payment or financing terms U.S. persons may provide for authorized sales of agricultural commodities or products to Cuba or any person in Cuba are (1) ‘‘payment of cash in advance,’’ or (2) financing by third-country financial institutions (excluding U.S. persons or Government of Cuba entities). On February 22, 2005, OFAC amended section 515.533 of the Cuban Assets Control Regulations, 31 CFR part 515 (the ‘‘CACR’’), to clarify that the term ‘‘payment of cash in advance’’ means that payment is received by the seller or the seller’s agent prior to shipment of the goods from the port at which they are loaded. OFAC is further amending section 515.533 of the CACR to implement Section 619 of the Omnibus Appropriations Act, 2010 (Pub. L. 111– 117, 123 Stat. 3034), which directs that during Fiscal Year 2010, for the purposes of TSRA, ‘‘* * * the term ‘payment of cash in advance’ shall be interpreted as payment before the transfer of title to, and control of, the exported items to the Cuban purchaser.’’ Public Participation Because the amendments of the CACR involve a foreign affairs function, Executive Order 12866 and the provisions of the Administrative Procedure Act (5 U.S.C. 553) requiring notice of proposed rulemaking, VerDate Nov<24>2008 15:01 Mar 09, 2010 Jkt 220001 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 The collections of information related to the CACR are contained in the Reporting, Procedures and Penalties Regulations, 31 CFR part 501. 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 515 10997 the goods from the port at which they are loaded; (B) Payment of cash in advance during Fiscal Year 2010. For sales of agricultural items delivered to Cuba between October 1, 2009, and September 30, 2010, or delivered pursuant to a contract entered into between October 1, 2009, and September 30, 2010, and shipped within twelve months from the signing of the contract, the term ‘‘payment of cash in advance’’ shall mean payment before the transfer of title to, and control of, the exported items to the Cuban purchaser; Note to § 515.533(a)(2)(i)(B): The payment rule set forth in this paragraph is required by Section 619 of the Omnibus Appropriations Act, 2010 (Pub. L. 111–117). * * * * * Dated: March 5, 2010. Adam J. Szubin, Director, Office of Foreign Assets Control. Banks, Banking, Cuba, Currency, Exports, Foreign trade. ■ For the reasons set forth in the preamble, the Department of the Treasury’s Office of Foreign Assets Control amends 31 CFR part 515 as set forth below: [FR Doc. 2010–5153 Filed 3–9–10; 8:45 am] PART 515—CUBAN ASSETS CONTROL REGULATIONS 31 CFR Parts 515, 538, and 560 1. The authority citation for part 515 is revised to read as follows: ■ Authority: 18 U.S.C. 2332d; 22 U.S.C. 2370(a), 6001–6010; 22 U.S.C. 7201–7211; 31 U.S.C. 321(b); 50 U.S.C. App 1–44; Pub. L. 101–410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 104–114, 110 Stat. 785 (22 U.S.C. 6082); Pub. L. 105–277, 112 Stat. 2681; Pub. L. 111–8, 123 Stat. 524; Pub. L. 111–117, 123 Stat. 3034; E.O. 9193, 7 FR 5205, 3 CFR, 1938–1943 Comp., p. 1174; E.O. 9989, 13 FR 4891, 3 CFR, 1943–1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959–1963 Comp., p. 157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614. Subpart E—Licenses, Authorizations, and Statements of Licensing Policy 2. Amend § 515.533 by revising paragraph (a)(2)(i) to read as follows: ■ § 515.533 Transactions incident to exportations from the United States and reexportations of 100% U.S.-origin items to Cuba; negotiation of executory contracts. (a) * * * (2) * * * (i)(A) Payment of cash in advance. Except as provided in paragraph (a)(2)(i)(B) of this section, for the purposes of this section, the term ‘‘payment of cash in advance’’ means that payment is received by the seller or the seller’s agent prior to shipment of PO 00000 Frm 00003 Fmt 4700 Sfmt 4700 BILLING CODE 4810–AL–P DEPARTMENT OF THE TREASURY Office of Foreign Assets Control Cuban Assets Control Regulations; Sudanese Sanctions Regulations; Iranian Transactions Regulations AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Final rule. SUMMARY: The Department of the Treasury’s Office of Foreign Assets Control (‘‘OFAC’’) is amending the Sudanese Sanctions Regulations and the Iranian Transactions Regulations to authorize the exportation of certain services and software incident to the exchange of personal communications over the Internet. Similarly, OFAC is amending the Cuban Assets Control Regulations to authorize the exportation of certain services incident to the exchange of personal communications over the Internet. DATES: Effective Date: March 8, 2010. FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance, Outreach & Implementation, tel.: 202/ 622–2490, Assistant Director for Licensing, tel.: 202/622–2480; Assistant Director for Policy, tel.: 202/622–4855, Office of Foreign Assets Control, or Chief Counsel (Foreign Assets Control), tel.: 202/622–2410, Office of the General Counsel, Department of the Treasury (not toll free numbers). SUPPLEMENTARY INFORMATION: E:\FR\FM\10MRR1.SGM 10MRR1

Agencies

[Federal Register Volume 75, Number 46 (Wednesday, March 10, 2010)]
[Rules and Regulations]
[Pages 10996-10997]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-5153]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 515


Cuban Assets Control Regulations

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Final rule.

-----------------------------------------------------------------------

SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (``OFAC'') is amending the Cuban Assets Control Regulations to 
implement a provision of the Omnibus Appropriations Act, 2010, 
containing an interpretation of the term ``payment of cash in 
advance,'' which is used to

[[Page 10997]]

describe one of the two payment or financing terms for authorized 
exports from the United States to Cuba pursuant to the Trade Sanctions 
Reform and Export Enhancement Act of 2000.

DATES: Effective Date: March 9, 2010.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Compliance, 
Outreach & Implementation, tel.: 202/622-2490, Assistant Director for 
Licensing, tel.: 202/622-2480, Assistant Director for Policy, tel.: 
202/622-4855, Office of Foreign Assets Control, or Chief Counsel 
(Foreign Assets Control), tel.: 202/622-2410, Office of the General 
Counsel, Department of the Treasury (not toll free numbers).

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

    Section 908(b)(1) of the Trade Sanctions Reform and Export 
Enhancement Act of 2000 (22 U.S.C. 7207(b)(1)) (``TSRA'') specifies 
that the only payment or financing terms U.S. persons may provide for 
authorized sales of agricultural commodities or products to Cuba or any 
person in Cuba are (1) ``payment of cash in advance,'' or (2) financing 
by third-country financial institutions (excluding U.S. persons or 
Government of Cuba entities). On February 22, 2005, OFAC amended 
section 515.533 of the Cuban Assets Control Regulations, 31 CFR part 
515 (the ``CACR''), to clarify that the term ``payment of cash in 
advance'' means that payment is received by the seller or the seller's 
agent prior to shipment of the goods from the port at which they are 
loaded.
    OFAC is further amending section 515.533 of the CACR to implement 
Section 619 of the Omnibus Appropriations Act, 2010 (Pub. L. 111-117, 
123 Stat. 3034), which directs that during Fiscal Year 2010, for the 
purposes of TSRA, ``* * * the term `payment of cash in advance' shall 
be interpreted as payment before the transfer of title to, and control 
of, the exported items to the Cuban purchaser.''

Public Participation

    Because the amendments of the CACR involve a foreign affairs 
function, Executive Order 12866 and the provisions of the 
Administrative Procedure Act (5 U.S.C. 553) 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

    The collections of information related to the CACR are contained in 
the Reporting, Procedures and Penalties Regulations, 31 CFR part 501. 
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 515

    Banks, Banking, Cuba, Currency, Exports, Foreign trade.

0
For the reasons set forth in the preamble, the Department of the 
Treasury's Office of Foreign Assets Control amends 31 CFR part 515 as 
set forth below:

PART 515--CUBAN ASSETS CONTROL REGULATIONS

0
1. The authority citation for part 515 is revised to read as follows:

    Authority:  18 U.S.C. 2332d; 22 U.S.C. 2370(a), 6001-6010; 22 
U.S.C. 7201-7211; 31 U.S.C. 321(b); 50 U.S.C. App 1-44; Pub. L. 101-
410, 104 Stat. 890 (28 U.S.C. 2461 note); Pub. L. 104-114, 110 Stat. 
785 (22 U.S.C. 6082); Pub. L. 105-277, 112 Stat. 2681; Pub. L. 111-
8, 123 Stat. 524; Pub. L. 111-117, 123 Stat. 3034; E.O. 9193, 7 FR 
5205, 3 CFR, 1938-1943 Comp., p. 1174; E.O. 9989, 13 FR 4891, 3 CFR, 
1943-1948 Comp., p. 748; Proc. 3447, 27 FR 1085, 3 CFR, 1959-1963 
Comp., p. 157; E.O. 12854, 58 FR 36587, 3 CFR, 1993 Comp., p. 614.

Subpart E--Licenses, Authorizations, and Statements of Licensing 
Policy

0
2. Amend Sec.  515.533 by revising paragraph (a)(2)(i) to read as 
follows:


Sec.  515.533  Transactions incident to exportations from the United 
States and reexportations of 100% U.S.-origin items to Cuba; 
negotiation of executory contracts.

    (a) * * *
    (2) * * *
    (i)(A) Payment of cash in advance. Except as provided in paragraph 
(a)(2)(i)(B) of this section, for the purposes of this section, the 
term ``payment of cash in advance'' means that payment is received by 
the seller or the seller's agent prior to shipment of the goods from 
the port at which they are loaded;
    (B) Payment of cash in advance during Fiscal Year 2010. For sales 
of agricultural items delivered to Cuba between October 1, 2009, and 
September 30, 2010, or delivered pursuant to a contract entered into 
between October 1, 2009, and September 30, 2010, and shipped within 
twelve months from the signing of the contract, the term ``payment of 
cash in advance'' shall mean payment before the transfer of title to, 
and control of, the exported items to the Cuban purchaser;

    Note to Sec.  515.533(a)(2)(i)(B):  The payment rule set forth 
in this paragraph is required by Section 619 of the Omnibus 
Appropriations Act, 2010 (Pub. L. 111-117).

* * * * *

    Dated: March 5, 2010.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2010-5153 Filed 3-9-10; 8:45 am]
BILLING CODE 4810-AL-P

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.