GL-5C
ExpiredSpecified transactions involving certain blocked property authorized.
Machine-extracted. The summary, conditions, and reporting fields on this page were extracted by AI from the official document. Rely on the official OFAC General License, not this page.
Summary
General License No. 5c authorizes all transactions related to the arrest, detention, and judicial sale of the MV Dianthe (f.k.a. Horsham, f.k.a. Iran Bam, IMO No. 9323833), a vessel blocked under E.O. 13382. Authorized transactions include bidding on purchase, paying deposits, providing financing/insurance/funding, vessel management services, port agency services, purchasing bunkers, repairing or modifying the vessel, providing crewing, and hiring surveyors. The authorization is effective November 17, 2011 and expires at 11:59 p.m. eastern standard time on November 30, 2014.
Authorized activities
- Bidding on the purchase of the vessel
- Paying deposits
- Providing financing, insurance, or funding in connection with the purchase
- Providing vessel management services
- Providing port agency services
- Purchasing of bunkers
- Repairing or modifying the Vessel for commercial use
- Providing crewing
- Hiring surveyors to inspect the vessel
Conditions
Except as authorized in paragraph (a), the license does not authorize any provision of services or transfer of funds or other property, directly or indirectly, that would otherwise be prohibited by 31 C.F.R. Chapter V, including to any entity or individual whose property and interests in property are blocked. All property and interests in property related to the Vessel that were previously blocked under E.O. 13382 and/or the WMDPSR remain blocked unless otherwise authorized by OFAC.