[Federal Register Volume 61, Number 234 (Wednesday, December 4, 1996)]
[Rules and Regulations]
[Pages 64289-64290]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-30857]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Chapter V
Blocked Persons, Specially Designated Nationals, Specially
Designated Terrorists, Specially Designated Narcotics Traffickers, and
Blocked Vessels; Removal of Specially Designated Nationals of the
Federal Republic of Yugoslavia (Serbia & Montenegro)
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Amendment of final rule.
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SUMMARY: In light of United Nations Security Council Resolution 1074 of
October 1, 1996, lifting sanctions on the Government of the Federal
Republic of Yugoslavia (Serbia & Montenegro), this document removes
from the list of persons whose assets are blocked the entries for
individuals and entities that were determined to be acting for or on
behalf of the Government of the Federal Republic of Yugoslavia (Serbia
& Montenegro), listed in the appendices to 31 CFR chapter V.
EFFECTIVE DATE: December 4, 1996.
FOR FURTHER INFORMATION: Contact the Office of Foreign Assets Control,
Department of the Treasury, Washington, D.C. 22201, tel.: 202/622-2520.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document is available as an electronic file on The Federal
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Web (Home Page) = http://www.fedworld.gov; FTP = ftp.fedworld.gov
(192.239.92.205). Additional information concerning the programs of the
Office of Foreign Assets Control is available for downloading from the
Office's Internet Home Page:http://www.ustreas.gov/treasury/services/
fac/fac.html, or in fax form through the Office's 24-hour fax-on-demand
service: call 202/622-0077 using a fax machine, fax modem, or (within
the United States) a touch-tone telephone.
Background
Appendices A and B to 31 CFR chapter V contain the names of blocked
persons, specially designated nationals, specially designated
terrorists, and specially designated narcotics traffickers designated
pursuant to the various economic sanctions programs administered by the
Office of Foreign Assets Control (``OFAC'') (61 FR 32936, June 26,
1996). In light of United Nations Security Council Resolution 1074 of
October 1, 1996, lifting sanctions on the Government of the Federal
Republic of Yugoslavia (Serbia & Montenegro) (the ``FRY (S&M)''), this
final rule amends appendices A and B to remove the names of individuals
and entities determined by the Director of OFAC to be specially
designated nationals (``SDNs'') of the FRY (S&M). Assets blocked in
which the SDNs had an interest subsequent to their designation and
before sanctions were suspended on December 27, 1995, are unblocked
effective December 4, 1996, since these assets were blocked on the
basis of the SDNs' activities in support of the FRY (S&M) -- activities
that are no longer prohibited -- and not because the Government of the
FRY (S&M) or entities located in or controlled from the FRY (S&M) have
any interest in or control of those assets.
Since the Regulations involve a foreign affairs function, the
provisions of Executive Order 12866 and the Administrative Procedure
Act (5 U.S.C. 553), requiring notice of proposed rulemaking,
opportunity for public participation, and delay in effective
[[Page 64290]]
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.
For the reasons set forth in the preamble, and under the authority
of 3 U.S.C. 301; 22 U.S.C. 287c; 49 U.S.C. 40106; 50 U.S.C. 1601-1651;
50 U.S.C. 1701-1706; E.O. 12808, 57 FR 23299, 3 CFR, 1992 Comp., p.
305; E.O. 12810, 57 FR 24347, 3 CFR, 1992 Comp., p. 307; E.O. 12831, 58
FR 5253, 3 CFR, 1993 Comp., p. 576; E.O. 12846, 58 FR 25771, 3 CFR,
1993 Comp., p. 599; and E.O. 12934, 59 FR 54117, 3 CFR, 1994 Comp., p.
930, appendices A and B to chapter V of 31 CFR are amended as set forth
below:
1. Appendix A to chapter V of 31 CFR is amended by removing the
following entries that are listed in alphabetical order at the end
thereof:
ABRAMOVIC, Miroslava
ANDJIC, Slobodan
AVRAMOVIC, Dragoslav
BIGARENA TRADING LTD. of Moscow
BIGARENA TRADING LTD. of Limassol
CHESA, I.
CICALA, Andrea
DRAKULIC, Zoran
EAST POINT HOLDINGS LIMITED
G. L. LEGIN of Limassol
G. L. LEGIN of Moscow
GVOZDENOVIC, Zaga
ING, Dr.
INPEA (OVERSEAS) LTD
INPEA of Moscow
INPEA of Romania
IOANNIDES, Pambos
J&K LTD.
KOSTIC, Bosko
MAADI, N.
MASLAKOVIC, Dusan
MIHIC, Vukasin
PAPADOPOULOS, Tassos
PEROVIC, D.
PETROMED LTD. of London
PIECAS, Stanko
PRELIC, M.
RIVAMED SHIPPING LTD. of Cyprus
SARENAC, Slobodan
SECYCO
SEKULAREC, Mirko
STELJIC, Marko
TASLAW NOMINEES LTD.
TASLAW SECRETARIAL LTD.
TASLAW SERVICES LTD.
TAT TRADING LTD.
TRAFI HOLDINGS LTD. of Nicosia
VASIC, Zoran
VUCIC, Borka
VUJNOVIC, Milorad
YU POINT LTD.
ZECEVIC, Miodrag,
2. Appendix B to chapter V of 31 CFR is amended by removing the
following entries under the following headings where they appear:
Cyprus
BIGARENA TRADING LTD. of Limassol
DRAKULIC, Zoran
EAST POINT HOLDINGS LIMITED
G. L. LEGIN of Limassol
GVOZDENOVIC, Zaga
INPEA (OVERSEAS) LTD
IOANNIDES, PAMBOS
MASLAKOVIC, Dusan
PAPADOPOULOS, TASSOS
RIVAMED SHIPPING LTD. of Cyprus
SECYCO
TASLAW NOMINEES LTD.
TASLAW SECRETARIAL LTD.
TASLAW SERVICES LTD.
TAT TRADING LTD.
TRAFI HOLDINGS LTD. of Nicosia
VUJNOVIC, Milorad
England
J&K LTD.
KOSTIC, Bosko
PETROMED LTD. of London
Federal Republic of Yugoslavia (Serbia & Montenegro) (the ``FRY
(S&M)'')
ANDJIC, Slobodan
AVRAMOVIC, Dragoslav
MIHIC, Vukasin
SARENAC, Slobodan
STELJIC, Marko
VASIC, Zoran
VUCIC, Borka
France
ZECEVIC, Miodrag
Iran
MAADI, N.
PIECAS, Stanko
Italy
CICALA, Andrea
SEKULAREC, Mirko
Romania
CHESA, I.
ING, Dr.
INPEA of Romania
Russia
BIGARENA TRADING LTD. of Moscow
G. L. LEGIN of Moscow
INPEA of Moscow
PEROVIC, D.
Ukraine
PRELIC, M.
Multiple or Unknown Locations
ABRAMOVIC, Miroslava
Dated: November 14, 1996.
R. Richard Newcomb,
Director, Office of Foreign Assets Control.
Approved: November 26, 1996.
James E. Johnson,
Assistant Secretary (Enforcement).
[FR Doc. 96-30857 Filed 11-29-96; 12:10 pm]
BILLING CODE 4810-25-F
