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Sudanese Sanctions Regulations; Libyan Sanctions Regulations; Iranian Transactions Regulations: Licensing of Commercial Sales, Exportation and Reexportation of Agricultural Commodities and Products, Medicine, and Medical Equipment; Iranian Accounts on the Books of U.S. Depository Institutions; Informational Materials; Visas

sanctions-ofac · OFAC · Rule · Published 1999-11-01 · Effective 1999-10-27 · 64 FR 58789

Document

Document number
99-28470
Federal Register citation
64 FR 58789
CFR reference
31 CFR 538
Type
Rule
Action
Final rule; amendments.
Category
sanctions-ofac
Sub-agency
OFAC
Publication date
1999-11-01
Effective date
1999-10-27

Abstract

The Treasury Department is amending provisions relating to the financing of agricultural and medical sales appearing in the Sudanese Sanctions Regulations, the Libyan Sanctions Regulations, and the Iranian Transactions Regulations. While general licenses continue to prohibit financing of sales by entities of the Governments of Sudan, Libya or Iran, the amendments remove language prohibiting the issuance of specific licenses authorizing financing by entities of those governments. New appendices are added to identify approved eligible procurement bodies of the Governments of Libya and Iran. Technical changes are made in all three sets of regulations with respect to licensing requirements of other Federal agencies. Technical changes are made in the Iranian Transactions Regulations concerning debits and credits to Iranian accounts on the books of U.S. depository institutions and concerning eligible purchasers. Finally, technical changes are made to the Iranian Transactions Regulations to revise language on informational materials and on ``H'' (temporary worker) visas.

Source

Authoritative
Federal Register document
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