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Start Preamble
AGENCY:
Office of Foreign Assets Control, Treasury.
ACTION:
Publication of web general license.
SUMMARY:
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Iranian Transactions and Sanctions Regulations and an Iran-related Executive order: GL P, which was previously made available on OFAC's website.
DATES:
GL P was issued on June 2, 2023. See SUPPLEMENTARY INFORMATION for additional relevant dates.
Start Further InfoFOR FURTHER INFORMATION CONTACT:
OFAC: Assistant Director for Licensing, 202–622–2480; Assistant Director for Regulatory Affairs, 202–622–4855; or Assistant Director for Compliance, 202–622–2490.
End Further Info End Preamble Start Supplemental InformationSUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are available on OFAC's website: https://ofac.treasury.gov.
Background
On June 2, 2023, OFAC issued GL P to authorize certain transactions otherwise prohibited by the Iranian Transactions and Sanctions Regulations, 31 CFR part 560, or Executive Order 13846 of August 6, 2018, “Reimposing Certain Sanctions With Respect to Iran” (83 FR 38939, August 7, 2018). GL P was made available on OFAC's website ( https://ofac.treasury.gov) when it was issued. GL P has an expiration date of July 6, 2023. The text of this GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 13846 of August 6, 2018
Reimposing Certain Sanctions With Respect to Iran
Iranian Transactions and Sanctions Regulations
31 CFR Part 560
GENERAL LICENSE P
Authorizing the Wind Down of Transactions Involving Navyan Abr Arvan Private Limited Company or Arvancloud Global Technologies L.L.C.
(a) Except as provided in paragraph (b) of this general license, all transactions ordinarily incident and necessary to the wind down of any transaction involving Navyan Abr Arvan Private Limited Company or Arvancloud Global Technologies L.L.C. that are prohibited by the Iranian Transactions and Sanctions Regulations, 31 CFR part 560 (ITSR), or Executive Order (E.O.) 13846 of August 6, 2018, are authorized through 12:01 a.m. eastern daylight time, July 6, 2023, provided that any payment to a blocked Start Printed Page 46689 person must be made into a blocked account in accordance with the ITSR.
(b) This general license does not authorize any transactions otherwise prohibited by the ITSR or E.O. 13846, including transactions involving any person blocked pursuant to the ITSR or E.O. 13846 other than the blocked persons described in paragraph (a) of this general license, unless separately authorized.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
Dated: June 2, 2023.
Start SignatureAndrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2023–15368 Filed 7–19–23; 8:45 am]
BILLING CODE 4810–AL–P
Document Information
- Published:
- 07/20/2023
- Department:
- Foreign Assets Control Office
- Entry Type:
- Rule
- Action:
- Publication of web general license.
- Document Number:
- 2023-15368
- Dates:
- GL P was issued on June 2, 2023. See SUPPLEMENTARY INFORMATION for additional relevant dates.
- Pages:
- 46688-46689 (2 pages)
- PDF File:
- 2023-15368.pdf
- CFR: (1)
- 31 CFR 560