[Federal Register Volume 63, Number 211 (Monday, November 2, 1998)]
[Presidential Documents]
[Page 59201]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29454]
Presidential Documents
Federal Register / Vol. 63, No. 211 / Friday, November 2, 1998 /
Presidential Documents
[[Page 59201]]
Presidential Determination No. 99-1 of October 21, 1998
Determination To Waive Requirements Relating to
Blocked Property of Terrorist-List States
Memorandum for the Secretary of State [and] the
Secretary of the Treasury
By the authority vested in me as President by the
Constitution and laws of the United States of America,
including section 117 of the Treasury and General
Government Appropriations Act, 1999, as contained in
the Omnibus Consolidated and Emergency Supplemental
Appropriations Act, 1999 (approved October 21, 1998), I
hereby determine that the requirements of section 117,
including the requirement that any property with
respect to which financial transactions are prohibited
or regulated pursuant to section 5(b) of the Trading
with the Enemy Act (50 U.S.C. App. 5(b)), section
620(a) of the Foreign Assistance Act of 1961 (22 U.S.C.
2370(a)), sections 202 and 203 of the International
Emergency Economic Powers Act (50 U.S.C. 1701-1702),
and proclamations, orders, regulations, and licenses
issued pursuant thereto, be subject to execution or
attachment in aid of execution of any judgment relating
to a claim for which a foreign state claiming such
property is not immune from the jurisdiction of courts
of the United States or of the States under section
1605(a)(7) of title 28, United States Code, would
impede the ability of the President to conduct foreign
policy in the interest of national security and would,
in particular, impede the effectiveness of such
prohibitions and regulations upon financial
transactions, and, therefore, pursuant to section
117(d), I hereby waive the requirements of section 117
in the interest of national security.
The Secretary of State is authorized and directed to
publish this determination in the Federal Register.
(Presidential Sig.)
THE WHITE HOUSE,
Washington, October 21, 1998.
[FR Doc. 98-29454
Filed 10-30-98; 8:45 am]
Billing code 4710-10-M
