Rule2021-15668
Publication of Ukraine-Related Web General License 13 and Subsequent Iterations
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
July 28, 2021
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing 17 Ukraine-related web general licenses (GLs) in the Federal Register: GL 13, GL 13A, GL 13B, GL 13C, GL 13D, GL 13E, GL 13F, GL 13G, GL 13H, GL 13I, GL 13J, GL 13K, GL 13L, GL 13M, GL 13N, and GL 13O, each of which is now expired, and was previously issued on OFAC's website, as well as GL 13P, which was also previously issued on OFAC's website.
Full Text
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<title>Federal Register, Volume 86 Issue 142 (Wednesday, July 28, 2021)</title>
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[Federal Register Volume 86, Number 142 (Wednesday, July 28, 2021)]
[Rules and Regulations]
[Pages 40316-40328]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2021-15668]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 589
Publication of Ukraine-Related Web General License 13 and
Subsequent Iterations
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general licenses.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing 17 Ukraine-related web general licenses
(GLs) in the Federal Register: GL 13, GL 13A, GL 13B, GL 13C, GL 13D,
GL 13E, GL 13F, GL 13G, GL 13H, GL 13I, GL 13J, GL 13K, GL 13L, GL 13M,
GL 13N, and GL 13O, each of which is now expired, and was previously
issued on OFAC's website, as well as GL 13P, which was also previously
issued on OFAC's website.
DATES: GL 13P was issued on December 23, 2020 and expires on January
26, 2022. See SUPPLEMENTARY INFORMATION of this rule 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 Sanctions Compliance &
Evaluation, 202-622-2490.
SUPPLEMENTARY INFORMATION:
[[Page 40317]]
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="http://www.treasury.gov/ofac">www.treasury.gov/ofac</a>.
Background
On March 6, 2014, the President, invoking the authority of, inter
alia, the International Emergency Economic Powers Act (50 U.S.C. 1701-
1706) (IEEPA), issued Executive Order (E.O.) 13660, ``Blocking Property
of Certain Persons Contributing to the Situation in Ukraine'' (79 FR
13493, March 10, 2014). In E.O. 13660, the President determined that
the actions and policies of persons including persons who have asserted
governmental authority in the Crimean region without the authorization
of the Government of Ukraine that undermine democratic processes and
institutions in Ukraine; threaten its peace, security, stability,
sovereignty, and territorial integrity; and contribute to the
misappropriation of its assets, constitute an unusual and extraordinary
threat to the national security and foreign policy of the United
States, and declared a national emergency to deal with that threat.
The President subsequently issued E.O. 13661 of March 16, 2014,
``Blocking Property of Additional Persons Contributing to the Situation
in Ukraine'' (79 FR 15535, March 19, 2014), and E.O. 13662 of March 20,
2014, ``Blocking Property of Additional Persons Contributing to the
Situation in Ukraine'' (79 FR 16169, March 20, 2014), pursuant to the
national emergency declared in E.O. 13660. E.O. 13661 and E.O. 13662
expanded the scope of the national emergency declared in E.O. 13660. On
May 8, 2014, OFAC published the Ukraine Related Sanctions Regulations,
31 CFR part 589 (the ``Regulations''), to implement E.O. 13660, E.O.
13661, and E.O. 13662 (79 FR 26365, May 8, 2014). The President has
issued additional Executive orders pursuant to the national emergency
declared in E.O. 13660, and expanded in E.O. 13661 and E.O. 13662,
which are not discussed in this publication as they are not relevant to
the web GLs being published.
OFAC, in consultation with the Department of State, issued GL 13 on
April 6, 2018, pursuant to the Regulations, to authorize certain
transactions and activities with specific blocked entities that were
otherwise prohibited by the Regulations. Subject to certain conditions,
GL 13 authorized activities and transactions that were ordinarily
incident and necessary to divest or transfer debt, equity, or other
holdings in the entities to a non-U.S. person, or facilitate the
transfer of debt, equity, or other holdings in the entities by a non
U.S. person to another non-U.S. person. Subsequently, OFAC issued 16
further iterations of GL 13, which extended and expanded the
authorization to include entities in which those entities owned,
directly or indirectly, a 50 percent or greater interest, and other
issuer holdings, and in later iterations narrowed the scope of the
authorization, due to the removal of two entities, EN+ Group PLC and
United Company RUSAL PLC, from OFAC's Specially Designated Nationals
and Blocked Persons List on January 27, 2019.
On May 1, 2018, OFAC issued GL 13A which replaced and superseded GL
13; on May 31, 2018, OFAC issued GL 13B, which replaced and superseded
GL 13A; on July 31, 2018, OFAC issued GL 13C, which replaced and
superseded GL 13B; on September 21, 2018, OFAC issued GL 13D, which
replaced and superseded GL 13C; on October 12, 2018, OFAC issued GL
13E, which replaced and superseded GL 13D; on October 19, 2018, OFAC
issued GL 13F, which replaced and superseded GL 13E; on November 9,
2018, OFAC issued GL 13G, which replaced and superseded GL 13F; on
December 7, 2018, OFAC issued GL 13H, which replaced and superseded GL
13G; on December 20, 2018, OFAC issued GL 13I, which replaced and
superseded GL 13H; on January 16, 2019, OFAC issued GL 13J, which
replaced and superseded GL 13I; on March 6, 2019, OFAC issued GL 13K,
which replaced and superseded GL 13J; on June 26, 2019, OFAC issued GL
13L, which replaced and superseded GL 13K; on November 1, 2019, OFAC
issued GL 13M, which replaced and superseded GL 13L; on March 20, 2020,
OFAC issued GL 13N, which replaced and superseded GL 13M; on July 16,
2020, OFAC issued GL 13O, which replaced and superseded GL 13N; and on
December 23, 2020, OFAC issued GL 13P, which replaced and superseded GL
13O. GL 13P expires on January 26, 2022. The texts of the following 17
GLs are provided below: GLs 13, 13A, 13B, 13C, 13D, 13E, 13F, 13G, 13H,
13I, 13J, 13K, 13L, 13M, 13N, 13O, and 13P.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or to
facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through 12:01 a.m. eastern daylight time, May 7,
2018:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) The transactions and activities authorized in paragraph (a)
include facilitating, clearing, and settling transactions to divest to
a non-U.S. person debt, equity, or other holdings in the blocked
persons identified in paragraph (a), including on behalf of U.S.
persons.
(c) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any part of
31 CFR chapter V, except as authorized by paragraph (a);
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including the blocked persons identified in paragraph (a);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than the blocked
persons listed in paragraph (a) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(d) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of
[[Page 40318]]
parties involved, the type and scope of activities conducted, and the
dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#a6e9e0e7e5f4c3d6c9d4d2e6d2d4c3c7d5d3d4df88c1c9d0"><span class="__cf_email__" data-cfemail="6a252c2b29380f1a05181e2a1e180f0b191f1813440d051c">[email protected]</span></a>.
Andrea Gacki,
Acting Director, Office of Foreign Assets Control.
Dated: April 6, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13A
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through 12:01 a.m. eastern daylight time, June
6, 2018:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through 12:01 a.m. eastern daylight time, June 6, 2018:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#470801060415223728353307333522263432353e69202831"><span class="__cf_email__" data-cfemail="d79891969485b2a7b8a5a397a3a5b2b6a4a2a5aef9b0b8a1">[email protected]</span></a>.
(f) Effective May 1, 2018, General License No. 13, dated April 6,
2018, is replaced and superseded in its entirety by this General
License No. 13A.
John E. Smith,
Director, Office of Foreign Assets Control.
Dated: May 1, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13B
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through 12:01 a.m. eastern daylight time, August
5, 2018:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through 12:01 a.m. eastern daylight time, August 5, 2018:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
[[Page 40319]]
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#eaa5acaba9b88f9a85989eaa9e988f8b999f9893c48d859c"><span class="__cf_email__" data-cfemail="e4aba2a5a7b681948b9690a4909681859791969dca838b92">[email protected]</span></a>.
(f) Effective May 31, 2018, General License No. 13A, dated May 1,
2018, is replaced and superseded in its entirety by this General
License No. 13B.
Andrea Gacki,
Acting Director, Office of Foreign Assets Control.
Dated: May 31, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13C
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through 12:01 a.m. eastern daylight time,
October 23, 2018:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through 12:01 a.m. eastern daylight time, October 23, 2018:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#e9a6afa8aabb8c99869b9da99d9b8c889a9c9b90c78e869f"><span class="__cf_email__" data-cfemail="410e0700021324312e33350135332420323433386f262e37">[email protected]</span></a>.
(f) Effective July 31, 2018, General License No. 13B, dated May 31,
2018, is replaced and superseded in its entirety by this General
License No. 13C.
Andrea Gacki,
Acting Director, Office of Foreign Assets Control.
Dated: July 31, 2018.
[[Page 40320]]
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13D
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#c68980878594a3b6a9b4b286b2b4a3a7b5b3b4bfe8a1a9b0"><span class="__cf_email__" data-cfemail="0f40494e4c5d6a7f607d7b4f7b7d6a6e7c7a7d7621686079">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means:
(1) With respect to transactions authorized by this general license
involving GAZ Group or entities in which GAZ Group owns, directly or
indirectly, a 50 percent or greater interest, 12:01 a.m. eastern
daylight time, October 23, 2018; and
(2) With respect to transactions authorized by this general license
involving EN+ Group PLC or United Company RUSAL PLC, or entities in
which those persons own, directly or indirectly, a 50 percent or
greater interest, 12:01 eastern standard time, November 12, 2018.
(g) Effective September 21, 2018, General License No. 13C, dated
July 31, 2018, is replaced and superseded in its entirety by this
General License No. 13D.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: September 21, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13E
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-
[[Page 40321]]
U.S. person debt, equity, or other holdings in EN+ Group PLC, GAZ
Group, or United Company RUSAL PLC, or Other Issuer Holdings as
described in paragraph (b), including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#83ccc5c2c0d1e6f3ecf1f7c3f7f1e6e2f0f6f1faade4ecf5"><span class="__cf_email__" data-cfemail="f5bab3b4b6a790859a8781b5818790948680878cdb929a83">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means:
(1) With respect to transactions authorized by this general license
involving GAZ Group or entities in which GAZ Group owns, directly or
indirectly, a 50 percent or greater interest, 12:01 a.m. eastern
daylight time, October 23, 2018; and
(2) With respect to transactions authorized by this general license
involving EN+ Group PLC or United Company RUSAL PLC, or entities in
which those persons own, directly or indirectly, a 50 percent or
greater interest, 12:01 eastern standard time, December 12, 2018.
(g) Effective October 12, 2018, General License No. 13D, dated
September 21, 2018, is replaced and superseded in its entirety by this
General License No. 13E.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: October 12, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13F
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S.
[[Page 40322]]
Department of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's
Bank Building, Washington, DC 20220, or via email to
<a href="/cdn-cgi/l/email-protection#0c434a4d4f5e697c637e784c787e696d7f797e75226b637a"><span class="__cf_email__" data-cfemail="9ed1d8dfddccfbeef1eceadeeaecfbffedebece7b0f9f1e8">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means:
(1) With respect to transactions authorized by this general license
involving GAZ Group or entities in which GAZ Group owns, directly or
indirectly, a 50 percent or greater interest, 12:01 a.m. eastern
standard time, December 12, 2018; and
(2) With respect to transactions authorized by this general license
involving EN+ Group PLC or United Company RUSAL PLC, or entities in
which those persons own, directly or indirectly, a 50 percent or
greater interest, 12:01 eastern standard time, December 12, 2018.
(g) Effective October 19, 2018, General License No. 13E, dated
October 12, 2018, is replaced and superseded in its entirety by this
General License No. 13F.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: October 19, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13G
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#4b040d0a08192e3b24393f0b3f392e2a383e3932652c243d"><span class="__cf_email__" data-cfemail="9cd3dadddfcef9ecf3eee8dce8eef9fdefe9eee5b2fbf3ea">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means 12:01 a.m. eastern standard time January 7, 2019.
(g) Effective November 9, 2018, General License No. 13F, dated
October 19, 2018, is replaced and superseded in its entirety by this
General License No. 13G.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: November 9, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13H
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
[[Page 40323]]
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#bff0f9fefceddacfd0cdcbffcbcddadecccacdc691d8d0c9"><span class="__cf_email__" data-cfemail="155a5354564770657a676155616770746660676c3b727a63">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means 12:01 a.m. eastern standard time January 21,
2019.
(g) Effective December 7, 2018, General License No. 13G, dated
November 9, 2018, is replaced and superseded in its entirety by this
General License No. 13H.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: December 7, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13I
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the
[[Page 40324]]
Office of Foreign Assets Control, Office of Compliance and Enforcement,
U.S. Department of the Treasury, 1500 Pennsylvania Avenue NW,
Freedman's Bank Building, Washington, DC 20220, or via email to
<a href="/cdn-cgi/l/email-protection#f9b6bfb8baab9c89968b8db98d8b9c988a8c8b80d79e968f"><span class="__cf_email__" data-cfemail="2f60696e6c7d4a5f405d5b6f5b5d4a4e5c5a5d5601484059">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means:
(1) With respect to transactions authorized by this general license
involving GAZ Group or entities in which GAZ Group owns, directly or
indirectly, a 50 percent or greater interest, 12:01 a.m. eastern
standard time, March 7, 2019; and
(2) With respect to transactions authorized by this general license
involving EN+ Group PLC or United Company RUSAL PLC, or entities in
which those persons own, directly or indirectly, a 50 percent or
greater interest, 12:01 a.m. eastern standard time January 21, 2019.
(g) Effective December 20, 2018, General License No. 13H, dated
December 7, 2018, is replaced and superseded in its entirety by this
General License No. 13I.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: December 20, 2018.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13J
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in Certain Blocked Persons
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in the following blocked persons to a non-U.S. person, or (2)
to facilitate the transfer of debt, equity, or other holdings in the
following blocked persons by a non-U.S. person to another non-U.S.
person, are authorized through the Applicable Expiration Date, as
defined in paragraph (f) of this general license:
<bullet> EN+ Group PLC
<bullet> GAZ Group
<bullet> United Company RUSAL PLC
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in EN+ Group PLC, GAZ Group, or United
Company RUSAL PLC, or in entities in which those persons own, directly
or indirectly, a 50 percent or greater interest, that were issued by
the persons listed below (hereinafter, ``Other Issuer Holdings''), to a
non-U.S. person; or (2) to facilitate the transfer of Other Issuer
Holdings by a non-U.S. person to another non-U.S. person, are
authorized through the Applicable Expiration Date, as defined in
paragraph (f) of this general license:
<bullet> Irkutskenergo
<bullet> GAZ Auto Plant
<bullet> Rusal Capital Designated Activity Company
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b), including on behalf of U.S.
persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including EN+ Group PLC, GAZ Group, or United Company RUSAL
PLC, other than purchases of or investments in debt, equity, or other
holdings in those persons, or Other Issuer Holdings as described in
paragraph (b) (including settlement of purchases or sales that were
pending on April 6, 2018), that are ordinarily incident and necessary
to the divestment or transfer of debt, equity, or other holdings in EN+
Group PLC, GAZ Group, or United Company RUSAL PLC, or Other Issuer
Holdings as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than EN+ Group
PLC, GAZ Group, or United Company RUSAL PLC, or any entity in which
those persons have a 50 percent or greater interest consistent with the
authorization in paragraph (b) of this general license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#d09f96919382b5a0bfa2a490a4a2b5b1a3a5a2a9feb7bfa6"><span class="__cf_email__" data-cfemail="763930373524130619040236020413170503040f58111900">[email protected]</span></a>.
(f) For purposes of this general license, the term Applicable
Expiration Date means:
(1) With respect to transactions authorized by this general license
involving GAZ Group or entities in which GAZ Group owns, directly or
indirectly, a 50 percent or greater interest, 12:01 a.m. eastern
standard time, March 7, 2019; and
(2) With respect to transactions authorized by this general license
involving EN+ Group PLC or United Company RUSAL PLC, or entities in
which those persons own, directly or indirectly, a 50 percent or
greater interest, 12:01 a.m. eastern standard time, January 28, 2019.
(g) Effective January 16, 2019, General License No. 13I, dated
December 20, 2018, is replaced and superseded in its entirety by this
General License No. 13J.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: January 16, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13K
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the
transfer of debt, equity, or other holdings in GAZ Group by a non-U.S.
person to another non-U.S. person, are authorized through 12:01 a.m.
eastern daylight time, July 6, 2019.
[[Page 40325]]
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in GAZ Group, or in entities in which
GAZ Group owns, directly or indirectly, a 50 percent or greater
interest, that were issued by GAZ Auto Plant (hereinafter, ``Other
Issuer Holdings''), to a non-U.S. person; or (2) to facilitate the
transfer of Other Issuer Holdings by a non-U.S. person to another non-
U.S. person, are authorized through 12:01 a.m. eastern daylight time,
July 6, 2019.
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in GAZ
Group, or Other Issuer Holdings as described in paragraph (b),
including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including GAZ Group, other than purchases of or investments
in debt, equity, or other holdings in those persons, or Other Issuer
Holdings as described in paragraph (b) (including settlement of
purchases or sales that were pending on April 6, 2018), that are
ordinarily incident and necessary to the divestment or transfer of
debt, equity, or other holdings in GAZ Group, or Other Issuer Holdings
as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than GAZ Group,
or any entity in which GAZ Group has a 50 percent or greater interest
consistent with the authorization in paragraph (b) of this general
license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#97d8d1d6d4c5f2e7f8e5e3d7e3e5f2f6e4e2e5eeb9f0f8e1"><span class="__cf_email__" data-cfemail="88c7cec9cbdaedf8e7fafcc8fcfaede9fbfdfaf1a6efe7fe">[email protected]</span></a>.
(f) Effective March 6, 2019, General License No. 13J, dated January
16, 2019, is replaced and superseded in its entirety by this General
License No. 13K.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: March 6, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13L
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the
transfer of debt, equity, or other holdings in GAZ Group by a non-U.S.
person to another non-U.S. person, are authorized through 12:01 a.m.
eastern standard time, November 8, 2019.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in GAZ Group, or in entities in which
GAZ Group owns, directly or indirectly, a 50 percent or greater
interest, that were issued by GAZ Auto Plant (hereinafter, ``Other
Issuer Holdings''), to a non-U.S. person; or (2) to facilitate the
transfer of Other Issuer Holdings by a non-U.S. person to another non-
U.S. person, are authorized through 12:01 a.m. eastern standard time,
November 8, 2019.
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in GAZ
Group, or Other Issuer Holdings as described in paragraph (b),
including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including GAZ Group, other than purchases of or investments
in debt, equity, or other holdings in those persons, or Other Issuer
Holdings as described in paragraph (b) (including settlement of
purchases or sales that were pending on April 6, 2018), that are
ordinarily incident and necessary to the divestment or transfer of
debt, equity, or other holdings in GAZ Group, or Other Issuer Holdings
as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than GAZ Group,
or any entity in which GAZ Group has a 50 percent or greater interest
consistent with the authorization in paragraph (b) of this general
license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#450a0304061720352a373105313720243630373c6b222a33"><span class="__cf_email__" data-cfemail="9dd2dbdcdecff8edf2efe9dde9eff8fceee8efe4b3faf2eb">[email protected]</span></a>.
(f) Effective June 26, 2019, General License No. 13K, dated March
6, 2019, is replaced and superseded in its entirety by this General
License No. 13L.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: June 26, 2019.
[[Page 40326]]
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13M
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the
transfer of debt, equity, or other holdings in GAZ Group by a non-U.S.
person to another non-U.S. person, are authorized through 12:01 a.m.
eastern daylight time, March 31, 2020.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in GAZ Group, or in entities in which
GAZ Group owns, directly or indirectly, a 50 percent or greater
interest, that were issued by GAZ Auto Plant (hereinafter, ``Other
Issuer Holdings''), to a non-U.S. person; or (2) to facilitate the
transfer of Other Issuer Holdings by a non-U.S. person to another non-
U.S. person, are authorized through 12:01 a.m. eastern daylight time,
March 31, 2020.
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in GAZ
Group, or Other Issuer Holdings as described in paragraph (b),
including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including GAZ Group, other than purchases of or investments
in debt, equity, or other holdings in those persons, or Other Issuer
Holdings as described in paragraph (b) (including settlement of
purchases or sales that were pending on April 6, 2018), that are
ordinarily incident and necessary to the divestment or transfer of
debt, equity, or other holdings in GAZ Group, or Other Issuer Holdings
as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than GAZ Group,
or any entity in which GAZ Group has a 50 percent or greater interest
consistent with the authorization in paragraph (b) of this general
license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#7e31383f3d2c1b0e110c0a3e0a0c1b1f0d0b0c0750191108"><span class="__cf_email__" data-cfemail="de91989f9d8cbbaeb1acaa9eaaacbbbfadabaca7f0b9b1a8">[email protected]</span></a>.
(f) Effective November 1, 2019, General License No. 13L, dated June
26, 2019, is replaced and superseded in its entirety by this General
License No. 13M.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: November 1, 2019.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13N
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the
transfer of debt, equity, or other holdings in GAZ Group by a non-U.S.
person to another non-U.S. person, are authorized through 12:01 a.m.
eastern daylight time, July 22, 2020.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in GAZ Group, or in entities in which
GAZ Group owns, directly or indirectly, a 50 percent or greater
interest, that were issued by GAZ Auto Plant (hereinafter, ``Other
Issuer Holdings''), to a non-U.S. person; or (2) to facilitate the
transfer of Other Issuer Holdings by a non-U.S. person to another non-
U.S. person, are authorized through 12:01 a.m. eastern daylight time,
July 22, 2020.
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in GAZ
Group, or Other Issuer Holdings as described in paragraph (b),
including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including GAZ Group, other than purchases of or investments
in debt, equity, or other holdings in those persons, or Other Issuer
Holdings as described in paragraph (b) (including settlement of
purchases or sales that were pending on April 6, 2018), that are
ordinarily incident and necessary to the divestment or transfer of
debt, equity, or other holdings in GAZ Group, or Other Issuer Holdings
as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than GAZ Group,
or any entity in which GAZ Group has a 50 percent or greater interest
consistent with the authorization in paragraph (b) of this general
license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of
[[Page 40327]]
parties involved, the type and scope of activities conducted, and the
dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email to <a href="/cdn-cgi/l/email-protection#2a656c6b69784f5a45585e6a5e584f4b595f5853044d455c"><span class="__cf_email__" data-cfemail="e8a7aea9abba8d98879a9ca89c9a8d899b9d9a91c68f879e">[email protected]</span></a>.
(f) Effective March 20, 2020, General License No. 13M, dated
November 1, 2019, is replaced and superseded in its entirety by this
General License No. 13N.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: March 20, 2020.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13O
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the
transfer of debt, equity, or other holdings in GAZ Group by a non-U.S.
person to another non-U.S. person, are authorized through 12:01 a.m.
eastern standard time, January 22, 2021.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in GAZ Group, or in entities in which
GAZ Group owns, directly or indirectly, a 50 percent or greater
interest, that were issued by GAZ Auto Plant (hereinafter, ``Other
Issuer Holdings''), to a non-U.S. person; or (2) to facilitate the
transfer of Other Issuer Holdings by a non-U.S. person to another non-
U.S. person, are authorized through 12:01 a.m. eastern standard time,
January 22, 2021.
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in GAZ
Group, or Other Issuer Holdings as described in paragraph (b),
including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including GAZ Group, other than purchases of or investments
in debt, equity, or other holdings in those persons, or Other Issuer
Holdings as described in paragraph (b) (including settlement of
purchases or sales that were pending on April 6, 2018), that are
ordinarily incident and necessary to the divestment or transfer of
debt, equity, or other holdings in GAZ Group, or Other Issuer Holdings
as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than GAZ Group,
or any entity in which GAZ Group has a 50 percent or greater interest
consistent with the authorization in paragraph (b) of this general
license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email (preferred) to
<a href="/cdn-cgi/l/email-protection#531c1512100136233c212713272136322026212a7d343c25"><span class="__cf_email__" data-cfemail="9bd4dddad8c9feebf4e9efdbefe9fefae8eee9e2b5fcf4ed">[email protected]</span></a>.
(f) Effective July 16, 2020, General License No. 13N, dated March
20, 2020, is replaced and superseded in its entirety by this General
License No. 13O.
Andrea Gacki,
Director, Office of Foreign Assets Control.
Dated: July 16, 2020.
OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations 31 CFR Part 589
General License No. 13P
Authorizing Certain Transactions Necessary To Divest or Transfer Debt,
Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by the Ukraine
Related Sanctions Regulations, 31 CFR part 589, that are ordinarily
incident and necessary (1) to divest or transfer debt, equity, or other
holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the
transfer of debt, equity, or other holdings in GAZ Group by a non-U.S.
person to another non-U.S. person, are authorized through 12:01 a.m.
eastern standard time, January 26, 2022.
(b) Except as provided in paragraph (d) of this general license,
all transactions and activities otherwise prohibited by 31 CFR part 589
that are ordinarily incident and necessary (1) to divest or transfer
debt, equity, or other holdings in GAZ Group, or in entities in which
GAZ Group owns, directly or indirectly, a 50 percent or greater
interest, that were issued by GAZ Auto Plant (hereinafter, ``Other
Issuer Holdings''), to a non-U.S. person; or (2) to facilitate the
transfer of Other Issuer Holdings by a non-U.S. person to another non-
U.S. person, are authorized through 12:01 a.m. eastern standard time,
January 26, 2022.
(c) The transactions and activities authorized in paragraphs (a)
and (b) include facilitating, clearing, and settling transactions to
divest to a non-U.S. person debt, equity, or other holdings in GAZ
Group, or Other Issuer Holdings as described in paragraph (b),
including on behalf of U.S. persons.
(d) This general license does not authorize:
(1) The unblocking of any property blocked pursuant to any other
part of 31 CFR chapter V;
(2) U.S. persons to sell debt, equity, or other holdings to; to
purchase or invest in debt, equity, or other holdings in; or to
facilitate such transactions with, directly or indirectly, any person
whose property and interests in property are blocked pursuant to 31 CFR
part 589, including GAZ Group, other than purchases of or investments
in debt, equity, or other holdings in those persons, or Other Issuer
Holdings as described in paragraph (b) (including settlement of
purchases or sales that were pending on April 6, 2018), that are
[[Page 40328]]
ordinarily incident and necessary to the divestment or transfer of
debt, equity, or other holdings in GAZ Group, or Other Issuer Holdings
as described in paragraph (b);
(3) Any transactions or dealings involving the property or
interests in property of any person whose property and interests in
property are blocked pursuant to 31 CFR part 589 other than GAZ Group,
or any entity in which GAZ Group has a 50 percent or greater interest
consistent with the authorization in paragraph (b) of this general
license; or
(4) Any transactions or dealings otherwise prohibited by any other
part of 31 CFR chapter V.
(e) U.S. persons participating in transactions authorized by this
general license are required, within 10 business days after the
expiration date of this general license, to file a comprehensive,
detailed report of each transaction, including the names and addresses
of parties involved, the type and scope of activities conducted, and
the dates on which the activities occurred, with the Office of Foreign
Assets Control, Office of Compliance and Enforcement, U.S. Department
of the Treasury, 1500 Pennsylvania Avenue NW, Freedman's Bank Building,
Washington, DC 20220, or via email (preferred) to
<a href="/cdn-cgi/l/email-protection#662920272534031609141226121403071513141f48010910"><span class="__cf_email__" data-cfemail="e9a6afa8aabb8c99869b9da99d9b8c889a9c9b90c78e869f">[email protected]</span></a>.
(f) Effective December 23, 2020, General License No. 13O, dated
July 16, 2020, is replaced and superseded in its entirety by this
General License No. 13P.
Bradley T. Smith,
Deputy Director, Office of Foreign Assets Control.
Dated: December 23, 2020.
Dated: July 19, 2021.
Bradley T. Smith,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2021-15668 Filed 7-27-21; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on July 28, 2021.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.