[Federal Register Volume 64, Number 184 (Thursday, September 23, 1999)]
[Notices]
[Page 51516]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-24774]
-----------------------------------------------------------------------
DEPARTMENT OF COMMERCE
International Trade Administration
Export Trade Certificate of Review
AGENCY: International Trade Administration, Commerce.
ACTION: Notice of revocation of Export Trade Certificate of Review No.
88-00011.
-----------------------------------------------------------------------
SUMMARY: The Secretary of Commerce issued an export trade certificate
of review to Abdullah Diversified Marketing, Inc. (``ADMI''). Because
this certificate holder has failed to file an annual report as required
by law, the Secretary is revoking the certificate. This notice
summarizes the notification letter sent to ADMI.
FOR FURTHER INFORMATION CONTACT: Morton Schnabel, Director, Office of
Export Trading Company Affairs, International Trade Administration,
202/482-5131. This is not a toll-free number.
SUPPLEMENTARY INFORMATION: Title III of the Export Trading Company Act
of 1982 (``the Act'') (Pub. L. No. 97-290, 15 U.S.C. 4011-21)
authorizes the Secretary of Commerce to issue export trade certificates
of review. The regulations implementing Title III (``the Regulations'')
are found at 15 CFR part 325 (1999). Pursuant to this authority, a
certificate of review was issued on October 19, 1988 to ADMI.
A certificate holder is required by law to submit to the Department
of Commerce annual reports that update financial and other information
relating to business activities covered by its certificate (Section 308
of the Act, 15 U.S.C. 4018, Section 325.14(a) of the Regulations, 15
CFR 325.14(a)). The annual report is due within 45 days after the
anniversary date of the issuance of the certificate of review (Section
325.14(b) of the Regulations, 15 CFR 325.14(b)). Failure to submit a
complete annual report may be the basis for revocation (Sections
325.10(a)(3) and 325.14(c) of the Regulations, 15 CFR 325.10(a)(3) and
325.14(c)).
On October 9, 1998, the Department of Commerce sent to ADMI a
letter containing annual report questions with a reminder that its
annual report was due on December 3, 1998. Additional reminders were
sent on February 10, 1999 and on March 16, 1999. The Department has
received no written response from ADMI to any of these letters.
On August 11, 1999, and in accordance with Section 325.10(c)(1) of
the Regulations, (15 CFR 325.10 (c)(1)), the Department of Commerce
sent a letter by certified mail to notify ADMI that the Department was
formally initiating the process to revoke its certificate for failure
to file an annual report. In addition, a summary of this letter
allowing ADMI thirty days to respond was published in the Federal
Register on August 17, 1999 at 64 FR 44689. Pursuant to section
325.10(c)(2) of the Regulations (15 CFR 325.10 (c)(2)), the Department
considers the failure of ADMI to respond to be an admission of the
statements contained in the notification letter.
The Department has determined to revoke the certificate issued to
ADMI for its failure to file an annual report. The Department has sent
a letter, dated September 17, 1999, to notify ADMI of its
determination. The revocation is effective thirty (30) days from the
date of publication of this notice. Any person aggrieved by this
decision may appeal to an appropriate U.S. district court within 30
days from the date on which this notice is published in the Federal
Register (325.10(c)(4) and 325.11 of the Regulations, 15 CFR
324.10(c)(4) and 325.11 of the Regulations, 15 CFR 325.10(c)(4) and
325.11).
Dated: September 17, 1999.
Morton Schnabel,
Director, Office of Export Trading Company Affairs.
[FR Doc. 99-24774 Filed 9-22-99; 8:45 am]
BILLING CODE 3510-DR-P
