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Publication of General License Related to the Zimbabwe Sanctions Program

Notice published July 9, 2013 · 78 FR 41192

Document number
FR Doc. 2013-16450
Type
Notice
Published
July 9, 2013
Citation
78 FR 41192 (page 41,192)
Action
Notice, publication of general license.
Effective
April 24, 2013
Dates
Effective Date: April 24, 2013.
Official sources
PDF (govinfo.gov) · federalregister.gov

Summary

The Federal Register's summaryThe U.S. Department of the Treasury's Office of Foreign Assets Control ("OFAC") is publishing General License No. 1 issued under the Zimbabwe sanctions program on April 24, 2013. Zimbabwe General License No. 1 authorizes all transactions involving Agricultural Development Bank of Zimbabwe and Infrastructure Development Bank of Zimbabwe, subject to certain limitations.

Executive orders cited

Text

As the Government Publishing Office publishes it. Pages OFAC printed as images (in recent notices, the lists of names) are in the official PDF.

[Federal Register Volume 78, Number 131 (Tuesday, July 9, 2013)]
[Notices]
[Page 41192]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-16450]



[[Page 41192]]

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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Publication of General License Related to the Zimbabwe Sanctions
Program

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice, publication of general license.

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SUMMARY: The U.S. Department of the Treasury's Office of Foreign Assets
Control (``OFAC'') is publishing General License No. 1 issued under the
Zimbabwe sanctions program on April 24, 2013. Zimbabwe General License
No. 1 authorizes all transactions involving Agricultural Development
Bank of Zimbabwe and Infrastructure Development Bank of Zimbabwe,
subject to certain limitations.

DATES: Effective Date: April 24, 2013.

FOR FURTHER INFORMATION CONTACT: Assistant Director for Sanctions
Compliance & Evaluation, tel.: 202-622-2490, Assistant Director for
Licensing, tel.: 202-622-2480, Assistant Director for Policy, tel.:
202-622-4855, Office of Foreign Assets Control, or Chief Counsel
(Foreign Assets Control), tel.: 202-622-2410, Office of the General
Counsel, Department of the Treasury (not toll free numbers).

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are
available from OFAC's Web site (www.treasury.gov/ofac). Certain general
information pertaining to OFAC's sanctions programs also is available
via facsimile through a 24-hour fax-on-demand service, tel.: 202-622-
0077.

Background

    On April 24, 2013, OFAC issued Zimbabwe General License No. 1
authorizing all transactions involving Agricultural Development Bank of
Zimbabwe and Infrastructure Development Bank of Zimbabwe, subject to
certain limitations.
    At the time of its issuance on April 24, 2013, OFAC made Zimbabwe
General License No. 1 available on the OFAC Web site (www.treasury.gov/ofac). With this notice, OFAC is publishing Zimbabwe General License
No. 1 in the Federal Register.

Zimbabwe General License No. 1

General License with Respect to Agricultural Development Bank of
Zimbabwe and Infrastructure Development Bank of Zimbabwe

    (a) Effective April 24, 2013, all transactions involving
Agricultural Development Bank of Zimbabwe and Infrastructure
Development Bank of Zimbabwe are authorized, subject to the limitations
set forth below.
    (b) This general license does not authorize transactions involving
any person whose property and interests in property are blocked
pursuant to 31 CFR 541.201(a), Executive Order 13288 of March 6, 2003,
Executive Order 13391 of November 22, 2005, or Executive Order 13469 of
July 25, 2008, other than Agricultural Development Bank of Zimbabwe and
Infrastructure Development Bank of Zimbabwe.
    (c) All property and interests in property blocked pursuant to 31
CFR 541.201(a), Executive Order 13288 of March 6, 2003, Executive Order
13391 of November 22, 2005, or Executive Order 13469 of July 25, 2008,
as of April 24, 2013, remain blocked.

    Dated: June 26, 2013.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2013-16450 Filed 7-8-13; 8:45 am]
BILLING CODE 4810-AL-P

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