Publication of Covid-Related Web General Licenses Related to Syria Sanctions Regulations, Iran Transactions and Sanctions Regulations, Global Terrorism Sanctions Regulations, and Venezuela Sanctions Regulations, 47932-47935 [2022-16784]
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47932
Federal Register / Vol. 87, No. 150 / Friday, August 5, 2022 / Rules and Regulations
statement) filed with the partnership
return (whether filed electronically or
on paper) for the taxable year during
which the distribution or transfer
occurs. For the section 754 election to
be valid, the return must be filed not
later than the time prescribed for filing
the return for such taxable year,
including extensions. Under § 1.754–
1(b) of the existing regulations, one of
the partners must sign the section 754
election statement.
On October 12, 2017, the Department
of the Treasury (Treasury Department)
and the IRS published a notice of
proposed rulemaking (REG–116256–17)
in the Federal Register (82 FR 47408) to
remove the signature requirement from
§ 1.754–1(b). The IRS did not receive
any substantive written public
comments in response to the notice of
proposed rulemaking. No public hearing
was requested or held. Therefore, the
proposed regulations are adopted by
this Treasury decision without change.
Special Analyses
I. Regulatory Planning and Review
These regulations are not subject to
review under section 6(b) of Executive
Order 12866 pursuant to the
Memorandum of Agreement (April 11,
2018) between the Treasury Department
and the Office of Management and
Budget regarding review of tax
regulations.
II. Regulatory Flexibility Act
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It is hereby certified that these
regulations will not have a significant
economic impact on a substantial
number of small entities under the
Regulatory Flexibility Act (5 U.S.C.
chapter 6). This certification is based on
the fact that these regulations reduce the
information currently required to be
collected in making an election to adjust
the basis of partnership property and
thereby will reduce burden on small
entities. Accordingly, a regulatory
flexibility analysis is not required.
Pursuant to section 7805(f) of the Code,
the notice of proposed rulemaking
preceding these regulations was
submitted to the Chief Counsel for the
Office of Advocacy of the Small
Business Administration for comment
on its impact on small business, and no
comments were received from the Chief
Counsel for the Office of Advocacy of
the Small Business Administration.
includes any Federal mandate that may
result in expenditures in any one year
by a state, local, or tribal government, in
the aggregate, or by the private sector, of
$100 million in 1995 dollars, updated
annually for inflation. This rule does
not include any Federal mandate that
may result in expenditures by state,
local, or tribal governments, or by the
private sector in excess of that
threshold.
IV. Executive Order 13132 Federalism
Executive Order 13132 (entitled
‘‘Federalism’’) prohibits an agency from
publishing any rule that has federalism
implications if the rule either imposes
substantial, direct compliance costs on
state and local governments, and is not
required by statute, or preempts state
law, unless the agency meets the
consultation and funding requirements
of section 6 of the Executive Order.
These proposed regulations do not have
federalism implications and do not
impose substantial direct compliance
costs on state and local governments or
preempt state law within the meaning of
the Executive Order.
V. Paperwork Reduction Act
Under the Paperwork Reduction Act
(44 U.S.C. 3501 et seq.), an agency may
not conduct or sponsor and a person is
not required to respond to a collection
of information unless it displays a valid
control number assigned by the Office of
Management and Budget. The
information collection described in this
final rule has been assigned control
number 1545–0123.
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§ 1.754–1 Time and manner of making
election to adjust basis of partnership
property.
*
*
*
*
*
(b) * * *
(1) * * * The statement required by
this paragraph (b)(1) must set forth the
name and address of the partnership
making the election and contain a
declaration that the partnership elects
under section 754 to apply the
provisions of section 734(b) and section
743(b). * * *
*
*
*
*
*
(d) Applicability date. The fourth
sentence of paragraph (b)(1) of this
section applies to taxable years ending
on or after August 5, 2022.Taxpayers
may, however, apply the fourth
sentence of paragraph (b)(1) of this
section to taxable years ending before
August 5, 2022.
Approved: June 7, 2022.
Douglas W. O’Donnell,
Deputy Commissioner for Services and
Enforcement.
Lily Batchelder,
Assistant Secretary of the Treasury (Tax
Policy).
[FR Doc. 2022–16271 Filed 8–4–22; 8:45 am]
BILLING CODE 4830–01–P
Drafting Information
DEPARTMENT OF THE TREASURY
The principal author of these
regulations is Charles D. Wien of the
Office of the Associate Chief Counsel
(Passthroughs and Special Industries).
However, other personnel from the
Treasury Department and the IRS
participated in their development.
Office of Foreign Assets Control
List of Subjects in 26 CFR Part 1
Income taxes, Reporting and
recordkeeping requirements.
Adoption of Amendments to the
Regulations
Accordingly, 26 CFR part 1 is
amended as follows:
Par. 1. The authority citation for part
1 is amended by adding an entry for
§ 1.754–1 in numerical order to read as
follows:
*
*
*
*
*
■
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31 CFR Parts 542, 560, 591, and 594
Publication of Covid-Related Web
General Licenses Related to Syria
Sanctions Regulations, Iran
Transactions and Sanctions
Regulations, Global Terrorism
Sanctions Regulations, and Venezuela
Sanctions Regulations
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
Control (OFAC) is publishing three web
general licenses (GLs) issued in the
Syria Sanctions Regulations, Iran
Transactions and Sanctions Regulations
and Global Terrorism Sanctions
Regulations, and Venezuela Sanctions
SUMMARY:
PART 1—INCOME TAXES
III. Unfunded Mandates Reform Act
Section 202 of the Unfunded
Mandates Reform Act of 1995 (UMRA)
requires that agencies assess anticipated
costs and benefits and take certain other
actions before issuing a final rule that
Section 1.754–1 also issued under 26
U.S.C. 754.
*
*
*
*
*
■ Par. 2. Section 1.754–1 is amended by
revising the fourth sentence of
paragraph (b)(1) and adding paragraph
(d) to read as follows:
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Federal Register / Vol. 87, No. 150 / Friday, August 5, 2022 / Rules and Regulations
Regulations, respectively: Syria GL 21A,
Iran GL N–1, and Venezuela GL 39A,
each of which was previously made
available on OFAC’s website and
expires on June 17, 2023.
DATES: Syria GL 21A, Iran GL N–1, and
Venezuela GL 39A, were each issued on
June 10, 2022. See SUPPLEMENTARY
INFORMATION of this rule for additional
relevant dates.
FOR FURTHER INFORMATION CONTACT:
OFAC: Assistant Director for Licensing,
202–622–2480; Assistant Director for
Regulatory Affairs, 202–622–4855; or
Assistant Director for Sanctions
Compliance & Evaluation, 202–622–
2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional
information concerning OFAC are
available on OFAC’s website:
www.treasury.gov/ofac.
Background
On June 10, 2022, OFAC issued Syria
GL 21A, Iran GL N–1, and Venezuela GL
39A to extend the authorization for
certain transactions otherwise
prohibited by, respectively: the Syria
Sanctions Regulations, 31 CFR part 542;
the Iranian Transactions and Sanctions
Regulations, 31 CFR parts 560, and the
Global Terrorism Sanctions Regulations,
31 CFR part 594; and the Venezuela
Sanctions Regulations, 31 CFR part 591.
At the time of issuance, OFAC made
Syria GL 21A, Iran GL N–1, and
Venezuela GL 39A, each of which has
an expiration date of June 17, 2023,
available on its website (www.treas.gov/
ofac). The texts of the following three
GLs are provided below:
OFFICE OF FOREIGN ASSETS
CONTROL
Note 1 to General License 21A. Nothing in
this general license relieves any person from
compliance with the requirements of other
Federal agencies, including the Department
of Commerce’s Bureau of Industry and
Security or the Department of State’s
Directorate of Defense Trade Controls.
Syrian Sanctions Regulations
31 CFR Part 542
GENERAL LICENSE NO. 21A
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Authorizing Certain Activities To
Respond to the Coronavirus Disease
2019 (COVID–19) Pandemic
(a) Authorizing certain COVID–19related transactions prohibited by the
Syrian Sanctions Regulations. Except as
provided in paragraph (b) of this general
license, the following transactions and
activities that are prohibited by the
Syrian Sanctions Regulations, 31 CFR
part 542 (SySR), are authorized through
12:01 a.m. eastern daylight time, June
17, 2023:
(1) Exportation of services related to
COVID–19. All transactions and
activities related to the exportation,
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reexportation, sale, or supply, directly
or indirectly, of services to Syria that are
related to the prevention, diagnosis, or
treatment of COVID–19 (including
research or clinical studies relating to
COVID–19); and
(2) COVID–19-related transactions
involving certain blocked persons. All
transactions and activities involving the
Government of Syria, Polymedics LLC,
Letia Company, or any entity in which
Polymedics LLC or Letia Company
owns, whether individually or in the
aggregate, directly or indirectly, a 50
percent or greater interest, that are
related to the prevention, diagnosis, or
treatment of COVID–19 (including
research or clinical studies relating to
COVID–19), provided that any
exportation or reexportation of items to
Syria must be licensed or otherwise
authorized by the Department of
Commerce.
(b) This general license does not
authorize:
(1) The exportation or reexportation of
any goods, technology, or services to
military, intelligence, or law
enforcement purchasers or importers;
(2) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V; or
(3) Any transactions or activities
otherwise prohibited by the SySR, or
prohibited by any other part of 31 CFR
chapter V, statute, or Executive order, or
involving any blocked persons other
than the blocked persons identified in
paragraph (a) of this general license.
(c) Effective June 17, 2022, General
License 21, dated June 17, 2021, is
replaced and superseded in its entirety
by this General License 21A.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 10, 2022.
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OFFICE OF FOREIGN ASSETS
CONTROL
Iranian Transactions and Sanctions
Regulations
31 CFR Part 560
Global Terrorism Sanctions
Regulations
31 CFR Part 594
Executive Order 13224 of September 23,
2001
Blocking Property and Prohibiting
Transactions With Persons Who
Commit, Threaten To Commit, or
Support Terrorism, as Amended
GENERAL LICENSE N–1
Authorizing Certain Activities To
Respond to the Coronavirus Disease
2019 (COVID–19) Pandemic
(a) Authorizing certain COVID–19related transactions prohibited by the
Iranian Transactions and Sanctions
Regulations. Except as provided in
paragraphs (d) and (e) of this general
license, the following transactions and
activities that are prohibited by the
Iranian Transactions and Sanctions
Regulations, 31 CFR part 560 (ITSR), are
authorized through 12:01 a.m. eastern
daylight time, June 17, 2023:
(1) Exportation of goods or
technology. All transactions and
activities related to the exportation,
reexportation, sale, or supply, directly
or indirectly, of goods or technology for
use in connection with the prevention,
diagnosis, or treatment of COVID–19
(including research or clinical studies
related to COVID–19) to Iran or the
Government of Iran, or to persons in
third countries purchasing specifically
for resale to Iran or the Government of
Iran;
(2) Importation of or dealings in
certain COVID–19-related goods. All
transactions and activities related to the
importation into the United States of, or
dealings in or related to, goods that
previously were exported or reexported
to Iran or the Government of Iran
pursuant to this general license and that
are broken, defective, or nonoperational, or are connected to product
recalls, adverse events, or other safety
concerns, or for routine maintenance or
the permanent return of such items to
the United States or a third country; and
(3) Exportation or importation of
services. All transactions and activities
related to the exportation, reexportation,
sale, or supply, directly or indirectly, of
services to Iran or the Government of
Iran, or the importation into the United
States of, or dealings in or related to,
Iranian-origin services, in each case that
are related to the prevention, diagnosis,
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Federal Register / Vol. 87, No. 150 / Friday, August 5, 2022 / Rules and Regulations
or treatment of COVID–19 (including
research or clinical studies relating to
COVID–19).
(b) Authorizing certain transactions
involving the Central Bank of Iran (CBI)
or the National Iranian Oil Company
(NIOC). Except as provided in paragraph
(e) of this general license, all
transactions and activities described in
paragraph (a) of this general license
involving CBI, NIOC, or any entity in
which NIOC owns, directly or
indirectly, a 50 percent or greater
interest, that are prohibited by the ITSR,
the Global Terrorism Sanctions
Regulations, 31 CFR part 594 (GTSR), or
Executive Order (E.O.) 13224, as
amended, are authorized through 12:01
a.m. eastern daylight time, June 17,
2023.
(c) Authorizing certain financial
transactions. Except as provided in
paragraph (e) of this general license, the
processing of funds transfers or trade
finance transactions that are ordinarily
incident and necessary to give effect to
the transactions and activities
authorized in paragraphs (a) and (b) of
this general license that are prohibited
by the ITSR, GTSR, or E.O. 13224, as
amended, are authorized through 12:01
a.m. eastern daylight time, June 17,
2023.
(d) Any exportation or reexportation
of goods or technology pursuant to
paragraph (a) of this general license is
subject to the following conditions:
(1) Any goods or technology exported
or reexported must:
(i) Be designated as EAR99 under the
Export Administration Regulations, 15
CFR parts 730 through 774 (EAR); or
(ii) In the case of goods or technology
that are not subject to the EAR, not be
listed on any multilateral export control
regime; and
(2) All exports or reexports made
pursuant to this general license must be
concluded prior to the expiration date of
this general license.
(e) This general license does not
authorize:
(1) The exportation or reexportation of
goods or technology to CBI, NIOC, or
any entity in which NIOC owns, directly
or indirectly, a 50 percent or greater
interest;
(2) The exportation or reexportation of
any goods, technology, or services to
military, intelligence, or law
enforcement purchasers or importers;
(3) The exportation or reexportation of
any goods, technology, or services used
to facilitate the development or
production of a chemical or biological
weapon or weapon of mass destruction;
(4) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V; or
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(5) Any transactions or activities
otherwise prohibited by the ITSR, the
GTSR, or E.O. 13224, as amended, or
prohibited by any other part of 31 CFR
chapter V, or involving any person
blocked pursuant to the GTSR or E.O.
13224, as amended, except as identified
in paragraph (b) of this general license.
(f) Effective June 17, 2022, General
License N, dated June 17, 2021, is
replaced and superseded in its entirety
by this General License N–1.
Note 1 to General License N–1. The export
or reexport to Iran of certain food, medicine,
medical devices, and agricultural
commodities, as well as certain related
transactions such as payments and brokering,
are broadly authorized under sections
560.530, 560.532, and 560.533 of the ITSR,
subject to certain conditions. In addition,
transactions or activities authorized under
those provisions that involve CBI, NIOC, or
any entity in which NIOC owns, directly or
indirectly, a 50 percent or greater interest, are
also authorized pursuant to Counter
Terrorism- and Iran-related General License
No. 8A. Those authorizations remain in
effect, including with respect to exports or
reexports of food, medicine, medical devices,
and agricultural commodities intended to
respond to the COVID–19 pandemic that
satisfy the applicable criteria of those
authorizations.
Note 2 to General License N–1. Nothing in
this general license relieves any person from
compliance with the requirements of other
Federal agencies, including the Department
of Commerce’s Bureau of Industry and
Security or the Department of State’s
Directorate of Defense Trade Controls.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 10, 2022.
OFFICE OF FOREIGN ASSETS
CONTROL
Venezuela Sanctions Regulations
31 CFR Part 591
GENERAL LICENSE NO. 39A
Authorizing Certain Activities To
Respond to the Coronavirus Disease
2019 (COVID–19) Pandemic
(a) Authorizing certain COVID–19related transactions involving the
Government of Venezuela. Except as
provided in paragraph (c) of this general
license, all transactions and activities
involving the Government of Venezuela
that are related to the prevention,
diagnosis, or treatment of COVID–19
(including research or clinical studies
relating to COVID–19), that are
prohibited by Executive Order (E.O.)
13808 of August 27, 2017, as amended
by E.O. 13857 of January 25, 2019, or
E.O. 13884 of August 5, 2019, each as
incorporated into the Venezuela
Sanctions Regulations, 31 CFR part 591
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(the VSR), are authorized through 12:01
a.m. eastern daylight time, June 17,
2023.
(b) Authorizing certain COVID–19related transactions involving certain
banks. Except as provided in paragraph
(c) of this general license, all
transactions and activities described in
paragraph (a) of this general license
involving Banco Central de Venezuela
(BCV), Banco de Venezuela, S.A. Banco
Universal (Banco de Venezuela), Banco
Bicentenario del Pueblo, de la Clase
Obrera, Mujer y Comunas, Banco
Universal C.A. (Banco Bicentenario del
Pueblo), or any entity in which BCV,
Banco de Venezuela, or Banco
Bicentenario del Pueblo owns, whether
individually or in the aggregate, directly
or indirectly, a 50 percent or greater
interest, that are prohibited by E.O.
13850 of November 1, 2018, as amended
by E.O. 13857, each as incorporated into
the VSR, are authorized through 12:01
a.m. eastern daylight time, June 17,
2023.
(c) This general license does not
authorize:
(1) The exportation or reexportation of
any goods, technology, or services to
military, intelligence, or law
enforcement purchasers or importers;
(2) Any transactions or activities
involving Petro´leos de Venezuela, S.A.
(PdVSA), Banco de Desarrollo
Economico y Social de Venezuela
(BANDES), or Banco Bandes Uruguay
S.A. (Bandes Uruguay), or any entity in
which PdVSA, BANDES, or Bandes
Uruguay owns, whether individually or
in the aggregate, directly or indirectly, a
50 percent or greater interest;
(3) The unblocking of any property
blocked pursuant to any part of 31 CFR
chapter V; or
(4) Any transactions or activities
otherwise prohibited by the VSR, or
prohibited by any other part of 31 CFR
chapter V, statute, or other E.O., or
involving any blocked persons other
than Government of Venezuela persons
blocked solely pursuant to E.O. 13884 or
the blocked persons identified in
paragraph (b) of this general license.
(d) Effective June 17, 2022, General
License 39, dated June 17, 2021, is
replaced and superseded in its entirety
by this General License 39A.
Note 1 to General License 39A. Nothing in
this general license relieves any person from
compliance with the requirements of other
Federal agencies, including the Department
of Commerce’s Bureau of Industry and
Security or the Department of State’s
Directorate of Defense Trade Controls.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
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Federal Register / Vol. 87, No. 150 / Friday, August 5, 2022 / Rules and Regulations
Dated: June 10, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022–16784 Filed 8–4–22; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF HOMELAND
SECURITY
Coast Guard
33 CFR Part 165
[Docket Number USCG–2022–0530]
RIN 1625–AA00
Safety Zone; Port Huron Float Down,
St. Clair River, Port Huron, MI
Coast Guard, DHS.
Temporary final rule.
AGENCY:
ACTION:
The Coast Guard is
establishing a temporary safety zone for
navigable waters of the St. Clair River in
the vicinity of Port Huron, MI. This
zone is intended to restrict and control
movement of vessels in a portion of the
St. Clair River. Though this is an
unsanctioned, non-permitted marine
event, this zone is necessary to provide
for the safety of life on the navigable
waters during a float down event near
Port Huron, MI.
DATES: This rule is effective from 12
p.m. through 8 p.m. on August 21, 2022.
ADDRESSES: To view documents
mentioned in this preamble as being
available in the docket, go to https://
www.regulations.gov, type USCG–2022–
0530 in the ‘‘SEARCH’’ box and click
‘‘SEARCH.’’ Click on Open Docket
Folder on the line associated with this
rule.
FOR FURTHER INFORMATION CONTACT: If
you have questions on this rule, call or
email Ms. Tracy Girard, U.S. Coast
Guard; (313) 568–9564,
Tracy.M.Girard@uscg.mil.
SUPPLEMENTARY INFORMATION:
SUMMARY:
I. Table of Abbreviations
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CFR Code of Federal Regulations
DHS Department of Homeland Security
FR Federal Register
NPRM Notice of proposed rulemaking
§ Section
U.S.C. United States Code
II. Background Information and
Regulatory History
During the afternoon of August 21,
2022, a non-sanctioned public event is
scheduled to take place. The event is
advertised over various social-media
sites, in which a large number of
persons float down a segment of the St.
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Clair River, using inner tubes and other
similar floatation devices. The 2022
float down event will occur from
approximately 12 noon through 8 p.m.
on August 21, 2022. This nonsanctioned event has taken place on the
third Sunday in August annually since
2009.
No private or municipal entity
requested a marine event permit from
the Coast Guard for this event, and it
has not received state or federal permits
since its inception. The event has drawn
over 5,000 participants of various ages
annually. Despite plans put together by
federal, state and local officials,
emergency responders and law
enforcement officials have been
overburdened pursuing safety during
this event. Medical emergencies, people
drifting across the international border,
and people trespassing on residential
property when trying to get out of the
water before the designated finish line
are some of the numerous difficulties
encountered during the float down
event.
During the 2014 float-down event, a
19-year-old participant died. During the
2016 float down, a wind shift caused
thousands of U.S. citizen rafters with no
passports to drift into Canadian waters.
The current and wind made it
impossible for the rafters to paddle back
into U.S. waters, necessitating
significant coordination with the
Canadian authorities. Despite these
events, promotional information for the
event continues to be published. More
than 5,000 people are again anticipated
to float down the river this year. No
public or private organization holds
themselves responsible as the event
sponsor.
The Coast Guard is issuing this
temporary rule without prior notice and
opportunity to comment pursuant to
authority under section 4(a) of the
Administrative Procedure Act (APA) (5
U.S.C. 553(b)). This provision
authorizes an agency to issue a rule
without prior notice and opportunity to
comment when the agency for good
cause finds that those procedures are
‘‘impracticable, unnecessary, or contrary
to the public interest.’’ Under 5 U.S.C.
553(b)(B), the Coast Guard finds that
good cause exists for not publishing a
notice of proposed rulemaking (NPRM)
with respect to this rule because doing
so is impracticable. The organizers of
this event are very secretive, and careful
not to be found out as the event has ‘‘no
sponsor.’’ The Coast Guard could not
receive notice of the float down with
sufficient time to undergo notice and
comment because the date of the event
varies from year to year. The Coast
Guard was not made aware the float
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47935
down would occur in 2022 until there
was insufficient time to allow for a
comment period to run. We must
establish this safety zone by August 21,
2022 in order to protect the public form
the hazards listed above associated with
the float down.
III. Legal Authority and Need for Rule
The Coast Guard is issuing this rule
under authority in 46 U.S.C. 70034
(previously 33 U.S.C. 1231). The
Captain of the Port Detroit (COTP) has
determined the float down poses
significant risk to public safety and
property from 12 noon through 8 p.m.
on August 21, 2022. The likely
combination of large numbers of
participants, strong river currents,
limited rescue resources, and difficult
emergency response scenarios could
easily result in serious injuries or
fatalities to float down participants and
spectators. Therefore, the COTP is
establishing a safety zone around the
event location to help minimize risks to
safety of life and property during this
event.
IV. Discussion of the Rule
This rule establishes a safety zone
from 12 noon through 8 p.m. on August
21, 2022. The safety zone will begin at
Lighthouse Beach and encompass all
U.S. waters of the St. Clair River bound
by a line starting at a point on land
north of Coast Guard Station Port Huron
at position 43°00.416′ N; 082°25.333′ W,
extending east to the international
boundary to a point at position
43°00.416′ N; 082°25.033′ W, following
south along the international boundary
to a point at position 42°54.500′ N;
082°27.683′ W, extending west to a
point on land just north of Stag Island
at position 42°54.500′ N; 082°27.966′ W,
and following north along the U.S.
shoreline to the point of origin (WGS
84). No vessel or person will be
permitted to enter the safety zone
without obtaining permission from the
COTP or a designated representative.
Vessel operators must contact the COTP
or his or her on-scene representative to
obtain permission to transit through this
safety zone. Additionally, no one under
the age of 18 will be permitted to enter
the safety zone if they are not wearing
a Coast Guard approved personal
floatation device. The COTP or his or
her on-scene representative may be
contacted via VHF Channel 16.
V. Regulatory Analyses
We developed this rule after
considering numerous statutes and
Executive orders related to rulemaking.
Below we summarize our analyses
based on a number of these statutes and
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]]>Agencies
[Federal Register Volume 87, Number 150 (Friday, August 5, 2022)]
[Rules and Regulations]
[Pages 47932-47935]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-16784]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Parts 542, 560, 591, and 594
Publication of Covid-Related Web General Licenses Related to
Syria Sanctions Regulations, Iran Transactions and Sanctions
Regulations, Global Terrorism Sanctions Regulations, and Venezuela
Sanctions Regulations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing three web general licenses (GLs) issued in
the Syria Sanctions Regulations, Iran Transactions and Sanctions
Regulations and Global Terrorism Sanctions Regulations, and Venezuela
Sanctions
[[Page 47933]]
Regulations, respectively: Syria GL 21A, Iran GL N-1, and Venezuela GL
39A, each of which was previously made available on OFAC's website and
expires on June 17, 2023.
DATES: Syria GL 21A, Iran GL N-1, and Venezuela GL 39A, were each
issued on June 10, 2022. See SUPPLEMENTARY INFORMATION of this rule for
additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs,
202-622-4855; or Assistant Director for Sanctions Compliance &
Evaluation, 202-622-2490.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: www.treasury.gov/ofac.
Background
On June 10, 2022, OFAC issued Syria GL 21A, Iran GL N-1, and
Venezuela GL 39A to extend the authorization for certain transactions
otherwise prohibited by, respectively: the Syria Sanctions Regulations,
31 CFR part 542; the Iranian Transactions and Sanctions Regulations, 31
CFR parts 560, and the Global Terrorism Sanctions Regulations, 31 CFR
part 594; and the Venezuela Sanctions Regulations, 31 CFR part 591. At
the time of issuance, OFAC made Syria GL 21A, Iran GL N-1, and
Venezuela GL 39A, each of which has an expiration date of June 17,
2023, available on its website (www.treas.gov/ofac). The texts of the
following three GLs are provided below:
OFFICE OF FOREIGN ASSETS CONTROL
Syrian Sanctions Regulations
31 CFR Part 542
GENERAL LICENSE NO. 21A
Authorizing Certain Activities To Respond to the Coronavirus Disease
2019 (COVID-19) Pandemic
(a) Authorizing certain COVID-19-related transactions prohibited by
the Syrian Sanctions Regulations. Except as provided in paragraph (b)
of this general license, the following transactions and activities that
are prohibited by the Syrian Sanctions Regulations, 31 CFR part 542
(SySR), are authorized through 12:01 a.m. eastern daylight time, June
17, 2023:
(1) Exportation of services related to COVID-19. All transactions
and activities related to the exportation, reexportation, sale, or
supply, directly or indirectly, of services to Syria that are related
to the prevention, diagnosis, or treatment of COVID-19 (including
research or clinical studies relating to COVID-19); and
(2) COVID-19-related transactions involving certain blocked
persons. All transactions and activities involving the Government of
Syria, Polymedics LLC, Letia Company, or any entity in which Polymedics
LLC or Letia Company owns, whether individually or in the aggregate,
directly or indirectly, a 50 percent or greater interest, that are
related to the prevention, diagnosis, or treatment of COVID-19
(including research or clinical studies relating to COVID-19), provided
that any exportation or reexportation of items to Syria must be
licensed or otherwise authorized by the Department of Commerce.
(b) This general license does not authorize:
(1) The exportation or reexportation of any goods, technology, or
services to military, intelligence, or law enforcement purchasers or
importers;
(2) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V; or
(3) Any transactions or activities otherwise prohibited by the
SySR, or prohibited by any other part of 31 CFR chapter V, statute, or
Executive order, or involving any blocked persons other than the
blocked persons identified in paragraph (a) of this general license.
(c) Effective June 17, 2022, General License 21, dated June 17,
2021, is replaced and superseded in its entirety by this General
License 21A.
Note 1 to General License 21A. Nothing in this general license
relieves any person from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security or the Department of State's Directorate of
Defense Trade Controls.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 10, 2022.
OFFICE OF FOREIGN ASSETS CONTROL
Iranian Transactions and Sanctions Regulations
31 CFR Part 560
Global Terrorism Sanctions Regulations
31 CFR Part 594
Executive Order 13224 of September 23, 2001
Blocking Property and Prohibiting Transactions With Persons Who Commit,
Threaten To Commit, or Support Terrorism, as Amended
GENERAL LICENSE N-1
Authorizing Certain Activities To Respond to the Coronavirus Disease
2019 (COVID-19) Pandemic
(a) Authorizing certain COVID-19-related transactions prohibited by
the Iranian Transactions and Sanctions Regulations. Except as provided
in paragraphs (d) and (e) of this general license, the following
transactions and activities that are prohibited by the Iranian
Transactions and Sanctions Regulations, 31 CFR part 560 (ITSR), are
authorized through 12:01 a.m. eastern daylight time, June 17, 2023:
(1) Exportation of goods or technology. All transactions and
activities related to the exportation, reexportation, sale, or supply,
directly or indirectly, of goods or technology for use in connection
with the prevention, diagnosis, or treatment of COVID-19 (including
research or clinical studies related to COVID-19) to Iran or the
Government of Iran, or to persons in third countries purchasing
specifically for resale to Iran or the Government of Iran;
(2) Importation of or dealings in certain COVID-19-related goods.
All transactions and activities related to the importation into the
United States of, or dealings in or related to, goods that previously
were exported or reexported to Iran or the Government of Iran pursuant
to this general license and that are broken, defective, or non-
operational, or are connected to product recalls, adverse events, or
other safety concerns, or for routine maintenance or the permanent
return of such items to the United States or a third country; and
(3) Exportation or importation of services. All transactions and
activities related to the exportation, reexportation, sale, or supply,
directly or indirectly, of services to Iran or the Government of Iran,
or the importation into the United States of, or dealings in or related
to, Iranian-origin services, in each case that are related to the
prevention, diagnosis,
[[Page 47934]]
or treatment of COVID-19 (including research or clinical studies
relating to COVID-19).
(b) Authorizing certain transactions involving the Central Bank of
Iran (CBI) or the National Iranian Oil Company (NIOC). Except as
provided in paragraph (e) of this general license, all transactions and
activities described in paragraph (a) of this general license involving
CBI, NIOC, or any entity in which NIOC owns, directly or indirectly, a
50 percent or greater interest, that are prohibited by the ITSR, the
Global Terrorism Sanctions Regulations, 31 CFR part 594 (GTSR), or
Executive Order (E.O.) 13224, as amended, are authorized through 12:01
a.m. eastern daylight time, June 17, 2023.
(c) Authorizing certain financial transactions. Except as provided
in paragraph (e) of this general license, the processing of funds
transfers or trade finance transactions that are ordinarily incident
and necessary to give effect to the transactions and activities
authorized in paragraphs (a) and (b) of this general license that are
prohibited by the ITSR, GTSR, or E.O. 13224, as amended, are authorized
through 12:01 a.m. eastern daylight time, June 17, 2023.
(d) Any exportation or reexportation of goods or technology
pursuant to paragraph (a) of this general license is subject to the
following conditions:
(1) Any goods or technology exported or reexported must:
(i) Be designated as EAR99 under the Export Administration
Regulations, 15 CFR parts 730 through 774 (EAR); or
(ii) In the case of goods or technology that are not subject to the
EAR, not be listed on any multilateral export control regime; and
(2) All exports or reexports made pursuant to this general license
must be concluded prior to the expiration date of this general license.
(e) This general license does not authorize:
(1) The exportation or reexportation of goods or technology to CBI,
NIOC, or any entity in which NIOC owns, directly or indirectly, a 50
percent or greater interest;
(2) The exportation or reexportation of any goods, technology, or
services to military, intelligence, or law enforcement purchasers or
importers;
(3) The exportation or reexportation of any goods, technology, or
services used to facilitate the development or production of a chemical
or biological weapon or weapon of mass destruction;
(4) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V; or
(5) Any transactions or activities otherwise prohibited by the
ITSR, the GTSR, or E.O. 13224, as amended, or prohibited by any other
part of 31 CFR chapter V, or involving any person blocked pursuant to
the GTSR or E.O. 13224, as amended, except as identified in paragraph
(b) of this general license.
(f) Effective June 17, 2022, General License N, dated June 17,
2021, is replaced and superseded in its entirety by this General
License N-1.
Note 1 to General License N-1. The export or reexport to Iran
of certain food, medicine, medical devices, and agricultural
commodities, as well as certain related transactions such as
payments and brokering, are broadly authorized under sections
560.530, 560.532, and 560.533 of the ITSR, subject to certain
conditions. In addition, transactions or activities authorized under
those provisions that involve CBI, NIOC, or any entity in which NIOC
owns, directly or indirectly, a 50 percent or greater interest, are
also authorized pursuant to Counter Terrorism- and Iran-related
General License No. 8A. Those authorizations remain in effect,
including with respect to exports or reexports of food, medicine,
medical devices, and agricultural commodities intended to respond to
the COVID-19 pandemic that satisfy the applicable criteria of those
authorizations.
Note 2 to General License N-1. Nothing in this general license
relieves any person from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security or the Department of State's Directorate of
Defense Trade Controls.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 10, 2022.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 CFR Part 591
GENERAL LICENSE NO. 39A
Authorizing Certain Activities To Respond to the Coronavirus Disease
2019 (COVID-19) Pandemic
(a) Authorizing certain COVID-19-related transactions involving the
Government of Venezuela. Except as provided in paragraph (c) of this
general license, all transactions and activities involving the
Government of Venezuela that are related to the prevention, diagnosis,
or treatment of COVID-19 (including research or clinical studies
relating to COVID-19), that are prohibited by Executive Order (E.O.)
13808 of August 27, 2017, as amended by E.O. 13857 of January 25, 2019,
or E.O. 13884 of August 5, 2019, each as incorporated into the
Venezuela Sanctions Regulations, 31 CFR part 591 (the VSR), are
authorized through 12:01 a.m. eastern daylight time, June 17, 2023.
(b) Authorizing certain COVID-19-related transactions involving
certain banks. Except as provided in paragraph (c) of this general
license, all transactions and activities described in paragraph (a) of
this general license involving Banco Central de Venezuela (BCV), Banco
de Venezuela, S.A. Banco Universal (Banco de Venezuela), Banco
Bicentenario del Pueblo, de la Clase Obrera, Mujer y Comunas, Banco
Universal C.A. (Banco Bicentenario del Pueblo), or any entity in which
BCV, Banco de Venezuela, or Banco Bicentenario del Pueblo owns, whether
individually or in the aggregate, directly or indirectly, a 50 percent
or greater interest, that are prohibited by E.O. 13850 of November 1,
2018, as amended by E.O. 13857, each as incorporated into the VSR, are
authorized through 12:01 a.m. eastern daylight time, June 17, 2023.
(c) This general license does not authorize:
(1) The exportation or reexportation of any goods, technology, or
services to military, intelligence, or law enforcement purchasers or
importers;
(2) Any transactions or activities involving Petr[oacute]leos de
Venezuela, S.A. (PdVSA), Banco de Desarrollo Economico y Social de
Venezuela (BANDES), or Banco Bandes Uruguay S.A. (Bandes Uruguay), or
any entity in which PdVSA, BANDES, or Bandes Uruguay owns, whether
individually or in the aggregate, directly or indirectly, a 50 percent
or greater interest;
(3) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V; or
(4) Any transactions or activities otherwise prohibited by the VSR,
or prohibited by any other part of 31 CFR chapter V, statute, or other
E.O., or involving any blocked persons other than Government of
Venezuela persons blocked solely pursuant to E.O. 13884 or the blocked
persons identified in paragraph (b) of this general license.
(d) Effective June 17, 2022, General License 39, dated June 17,
2021, is replaced and superseded in its entirety by this General
License 39A.
Note 1 to General License 39A. Nothing in this general license
relieves any person from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security or the Department of State's Directorate of
Defense Trade Controls.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[[Page 47935]]
Dated: June 10, 2022.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-16784 Filed 8-4-22; 8:45 am]
BILLING CODE 4810-AL-P
