Publication of Belarus Sanctions Regulations Web General License 10

Rule published November 14, 2024 · 89 FR 89926

Document number
FR Doc. 2024-26425
Type
Rule
Published
November 14, 2024
Citation
89 FR 89926 (page 89,926)
Action
Publication of a web general license.
Dates
GL 10 was issued on December 5, 2023. See SUPPLEMENTARY INFORMATION for additional relevant dates.
Official sources
PDF (govinfo.gov) · federalregister.gov

Summary

The Federal Register's summaryThe Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license (GL) issued pursuant to the Belarus Sanctions Regulations: GL 10, which was previously made available on OFAC's website.

Regulations cited

OFAC has reused some part numbers, so today's heading can name a different regulation from the one this document concerned.

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 89, Number 220 (Thursday, November 14, 2024)]
[Rules and Regulations]
[Page 89926]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-26425]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 548


Publication of Belarus Sanctions Regulations Web General License
10

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing a general license (GL) issued pursuant to
the Belarus Sanctions Regulations: GL 10, which was previously made
available on OFAC's website.

DATES: GL 10 was issued on December 5, 2023. See SUPPLEMENTARY
INFORMATION for additional relevant dates.

FOR 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 or
https://ofac.treasury.gov/contact-ofac.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    This document and additional information concerning OFAC are
available on OFAC's website: https://ofac.treasury.gov.

Background

    On December 5, 2023, OFAC issued GL 10 to authorize certain
transactions otherwise prohibited by the Belarus Sanctions Regulations,
31 CFR part 548. GL 10 was made available on OFAC's website (https://ofac.treasury.gov) when it was issued. GL 10 is now expired. The text
of this GL is provided below.

OFFICE OF FOREIGN ASSETS CONTROL

Belarus Sanctions Regulations

31 CFR Part 548

GENERAL LICENSE NO. 10

Authorizing the Wind Down of Transactions Involving Tabak Invest LLC

    (a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the Belarus Sanctions Regulations, 31
CFR part 548 (BSR), that are ordinarily incident and necessary to the
wind down of any transaction involving Tabak Invest LLC (``Tabak
Invest''), or any entity in which Tabak Invest owns, directly or
indirectly, a 50 percent or greater interest, are authorized through
12:01 a.m. eastern standard time, February 2, 2024, provided that any
payment to a blocked person is made into a blocked account at a U.S.
financial institution in accordance with the BSR.
    (b) This general license does not authorize any transactions
otherwise prohibited by the BSR, including transactions involving any
person blocked pursuant to the BSR other than the blocked persons
described in paragraph (a), unless separately authorized.

Bradley T. Smith,

Director, Office of Foreign Assets Control.

Dated: December 5, 2023.

Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-26425 Filed 11-13-24; 8:45 am]
BILLING CODE 4810-AL-P

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