Publication of Venezuela Sanctions Regulations Web General Licenses 40 and 40A, 50572 [2022-17645]
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Federal Register / Vol. 87, No. 158 / Wednesday, August 17, 2022 / Rules and Regulations
OFFICE OF FOREIGN ASSETS CONTROL
Compliance & Evaluation, 202–622–
2490.
Russian Harmful Foreign Activities
Sanctions Regulations 31 CFR Part 587
SUPPLEMENTARY INFORMATION:
GENERAL LICENSE NO. 44
Authorizing the Export or Reexport of
Certain Accounting Services to U.S.
Individuals Located in the Russian
Federation
(a) Except as provided in paragraph (b) of
this general license, all transactions
ordinarily incident and necessary to the
exportation, reexportation, sale, or supply,
directly or indirectly, from the United States,
or by a United States person, wherever
located, of tax preparation or filing services
to any individual who is a United States
person located in the Russian Federation,
which are prohibited by section 1(a)(ii) of
Executive Order 14071, are authorized.
(b) This general license does not authorize
any transactions otherwise prohibited by the
Russian Harmful Foreign Activities Sanctions
Regulations, 31 CFR part 587 (RuHSR),
including transactions involving any person
blocked pursuant to the RuHSR, unless
separately authorized.
Andrea M. Gacki,
Director, Office of Foreign Assets Control
Dated: July 14, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions
Regulations Web General Licenses 40
and 40A
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 two
general licenses (GLs) issued in the
Venezuela Sanctions program: GL 40,
which was previously made available
on OFAC’s website and is now expired,
and GL 40A, which was also previously
made available on OFAC’s website and
expires on July 12, 2023.
DATES: GL 40 was issued on July 12,
2021. GL 40A was issued on July 7,
2022. See SUPPLEMENTARY INFORMATION
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
JSPEARS on DSK121TN23PROD with RULES
SUMMARY:
VerDate Sep<11>2014
16:10 Aug 16, 2022
Jkt 256001
This document and additional
information concerning OFAC are
available on OFAC’s website:
www.treas.gov/ofac.
Background
On July 12, 2021, OFAC issued GL 40
to authorize certain transactions
otherwise prohibited by the Venezuela
Sanctions Regulations, 31 CFR part 591.
GL 40 had an expiration date of July 8,
2022. On July 7, 2022, OFAC issued GL
40A, which replaced and superseded GL
40 and has an expiration date of July 12,
2023. GLs 40 and 40A were each made
available on OFAC’s website
(www.treas.gov/ofac) at the time of
publication. The text of GLs 40 and 40A
is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR
part 591
Authorizing Certain Transactions Involving
the Exportation or Reexportation of
Liquefied Petroleum Gas to Venezuela
BILLING CODE 4810–AL–P
(a) Except as provided in paragraph (b) of
this general license, all transactions and
activities related to the exportation or
reexportation, directly or indirectly, of
liquefied petroleum gas to Venezuela,
involving the Government of Venezuela,
Petro´leos de Venezuela, S.A. (PdVSA), or any
entity in which PdVSA owns, 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
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, July 8, 2022.
(b) This general license does not authorize:
(1) Any payment-in-kind of petroleum or
petroleum products; or
(2) Any transactions or activities otherwise
prohibited by the VSR, prohibited by any
other part of 31 CFR chapter V, or involving
any blocked persons other than PdVSA, any
entity in which PdVSA owns, directly or
indirectly, a 50 percent or greater interest, or
any Government of Venezuela person that is
blocked solely pursuant to E.O. 13884.
Note to General License No. 40: Nothing in
this general license relieves any persons from
compliance with the requirements of other
Federal agencies, including the Department
of Commerce’s Bureau of Industry and
Security.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: July 12, 2021
PO 00000
Frm 00020
Fmt 4700
Sfmt 4700
Venezuela Sanctions Regulations 31 CFR
Part 591
GENERAL LICENSE NO. 40A
Electronic Availability
GENERAL LICENSE NO. 40
[FR Doc. 2022–17646 Filed 8–16–22; 8:45 am]
OFFICE OF FOREIGN ASSETS CONTROL
Authorizing Certain Transactions Involving
the Exportation or Reexportation of
Liquefied Petroleum Gas to Venezuela
(a) Except as provided in paragraph (b) of
this general license, all transactions and
activities related to the exportation or
reexportation, directly or indirectly, of
liquefied petroleum gas to Venezuela,
involving the Government of Venezuela,
Petro´leos de Venezuela, S.A. (PdVSA), or any
entity in which PdVSA owns, 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
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, July 12,
2023.
(b) This general license does not authorize:
(1) Any payment-in-kind of petroleum or
petroleum products; or
(2) Any transactions or activities otherwise
prohibited by the VSR, prohibited by any
other part of 31 CFR chapter V, or involving
any blocked persons other than PdVSA, any
entity in which PdVSA owns, directly or
indirectly, a 50 percent or greater interest, or
any Government of Venezuela person that is
blocked solely pursuant to E.O. 13884.
(c) Effective July 7, 2022, General License
No. 40, dated July 12, 2021, is replaced and
superseded in its entirety by this General
License No. 40A.
Note to General License No. 40A: Nothing
in this general license relieves any persons
from compliance with the requirements of
other Federal agencies, including the
Department of Commerce’s Bureau of
Industry and Security.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: July 7, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022–17645 Filed 8–16–22; 8:45 am]
BILLING CODE 4810–AL–P
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions
Regulations Web General Licenses 8I
and 8J
Office of Foreign Assets
Control, Treasury.
ACTION: Publication of web general
licenses.
AGENCY:
The Department of the
Treasury’s Office of Foreign Assets
SUMMARY:
E:\FR\FM\17AUR1.SGM
17AUR1
]]>Agencies
[Federal Register Volume 87, Number 158 (Wednesday, August 17, 2022)]
[Rules and Regulations]
[Page 50572]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2022-17645]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 591
Publication of Venezuela Sanctions Regulations Web General
Licenses 40 and 40A
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
-----------------------------------------------------------------------
SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing two general licenses (GLs) issued in the
Venezuela Sanctions program: GL 40, which was previously made available
on OFAC's website and is now expired, and GL 40A, which was also
previously made available on OFAC's website and expires on July 12,
2023.
DATES: GL 40 was issued on July 12, 2021. GL 40A was issued on July 7,
2022. See SUPPLEMENTARY INFORMATION 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.treas.gov/ofac.
Background
On July 12, 2021, OFAC issued GL 40 to authorize certain
transactions otherwise prohibited by the Venezuela Sanctions
Regulations, 31 CFR part 591. GL 40 had an expiration date of July 8,
2022. On July 7, 2022, OFAC issued GL 40A, which replaced and
superseded GL 40 and has an expiration date of July 12, 2023. GLs 40
and 40A were each made available on OFAC's website (www.treas.gov/ofac)
at the time of publication. The text of GLs 40 and 40A is provided
below.
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR part 591
GENERAL LICENSE NO. 40
Authorizing Certain Transactions Involving the Exportation or
Reexportation of Liquefied Petroleum Gas to Venezuela
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities related to the exportation or
reexportation, directly or indirectly, of liquefied petroleum gas to
Venezuela, involving the Government of Venezuela, Petr[oacute]leos
de Venezuela, S.A. (PdVSA), or any entity in which PdVSA owns,
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 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, July 8, 2022.
(b) This general license does not authorize:
(1) Any payment-in-kind of petroleum or petroleum products; or
(2) Any transactions or activities otherwise prohibited by the
VSR, prohibited by any other part of 31 CFR chapter V, or involving
any blocked persons other than PdVSA, any entity in which PdVSA
owns, directly or indirectly, a 50 percent or greater interest, or
any Government of Venezuela person that is blocked solely pursuant
to E.O. 13884.
Note to General License No. 40: Nothing in this general license
relieves any persons from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: July 12, 2021
OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations 31 CFR Part 591
GENERAL LICENSE NO. 40A
Authorizing Certain Transactions Involving the Exportation or
Reexportation of Liquefied Petroleum Gas to Venezuela
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities related to the exportation or
reexportation, directly or indirectly, of liquefied petroleum gas to
Venezuela, involving the Government of Venezuela, Petr[oacute]leos
de Venezuela, S.A. (PdVSA), or any entity in which PdVSA owns,
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 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, July 12, 2023.
(b) This general license does not authorize:
(1) Any payment-in-kind of petroleum or petroleum products; or
(2) Any transactions or activities otherwise prohibited by the
VSR, prohibited by any other part of 31 CFR chapter V, or involving
any blocked persons other than PdVSA, any entity in which PdVSA
owns, directly or indirectly, a 50 percent or greater interest, or
any Government of Venezuela person that is blocked solely pursuant
to E.O. 13884.
(c) Effective July 7, 2022, General License No. 40, dated July
12, 2021, is replaced and superseded in its entirety by this General
License No. 40A.
Note to General License No. 40A: Nothing in this general license
relieves any persons from compliance with the requirements of other
Federal agencies, including the Department of Commerce's Bureau of
Industry and Security.
Andrea Gacki,
Director, Office of Foreign Assets Control
Dated: July 7, 2022
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2022-17645 Filed 8-16-22; 8:45 am]
BILLING CODE 4810-AL-P
