Rule2023-27693
Publication of Burma Sanctions Regulations Web General Licenses 3 and 4
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
December 19, 2023
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing two general licenses (GLs) issued pursuant to the Burma Sanctions Regulations: GLs 3 and 4, each of which was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 88 Issue 242 (Tuesday, December 19, 2023)</title>
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[Federal Register Volume 88, Number 242 (Tuesday, December 19, 2023)]
[Rules and Regulations]
[Pages 87714-87715]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-27693]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 525
Publication of Burma Sanctions Regulations Web General Licenses 3
and 4
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 two general licenses (GLs) issued pursuant
to the Burma Sanctions Regulations: GLs 3 and 4, each of which was
previously made available on OFAC's website.
DATES: GLs 3 and 4 were issued on March 25, 2021. 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.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document and additional information concerning OFAC are
available on OFAC's website: <a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>.
Background
On March 25, 2021, OFAC issued GLs 3 and 4 to authorize certain
transactions otherwise prohibited by Executive Order (E.O.) 14014 of
February 10, 2021, ``Blocking Property With Respect to the Situation in
Burma'' (86 FR 9429, February 12, 2021). On June 1, 2021, OFAC
incorporated the prohibitions of E.O. 14014 into the Burma Sanction
Regulations, 31 CFR part 525. Each GL was made available on OFAC's
website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>) when it was issued. GL 4 is now
expired. The text of these GLs is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 14014 of February 10, 2021--Blocking Property With
Respect to the Situation in Burma
GENERAL LICENSE NO. 3
Certain Transactions in Support of Nongovernmental Organizations'
Activities
(a) Except as provided in paragraph (c) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
14014 that are ordinarily incident and necessary to the activities
described in paragraph (b) by nongovernmental organizations are
authorized, including the processing and transfer of funds; payment
of taxes, fees, and import duties; and purchase or receipt of
permits, licenses, or public utility services.
(b) The activities referenced in paragraph (a) of this general
license are as follows:
(1) Activities to support humanitarian projects to meet basic
human needs in Burma, including drought and flood relief; food,
nutrition, and medicine distribution; the provision of health
services; assistance for vulnerable or displaced populations,
including individuals with disabilities and the elderly; and
environmental programs;
(2) Activities to support democracy building in Burma, including
activities to support rule of law, citizen participation, government
accountability and transparency, human rights and fundamental
freedoms, access to information, and civil society development
projects;
(3) Activities to support education in Burma, including
combating illiteracy, increasing access to education, international
exchanges, and assisting education reform projects;
(4) Activities to support non-commercial development projects
directly benefiting the people of Burma, including preventing
infectious disease and promoting maternal/child health, sustainable
agriculture, and clean water assistance; and
(5) Activities to support environmental and natural resource
protection in Burma, including the preservation and protection of
threatened or endangered species, responsible and transparent
management of natural resources, and the remediation of pollution or
other environmental damage.
(c) This general license does not authorize any transactions or
activities otherwise prohibited by E.O. 14014, or prohibited by any
part of 31 CFR chapter V, statute, or other Executive order.
Bradley T. Smith,
Acting Director,
Office of Foreign Assets Control.
Dated: March 25, 2021
OFFICE OF FOREIGN ASSETS CONTROL
Executive Order 14014 of February 10, 2021--Blocking Property With
Respect to the Situation in Burma
GENERAL LICENSE NO. 4
Authorizing the Wind Down of Transactions Involving Myanmar Economic
Corporation Limited and Myanma Economic Holdings Public Company Limited
(a) Except as provided in paragraph (b) of this general license,
all transactions and activities prohibited by Executive Order (E.O.)
14014 that are ordinarily incident and necessary to the wind down of
transactions involving Myanmar Economic Corporation Limited (MEC),
Myanma Economic Holdings Public Company Limited (MEHL), or any
entity in which MEC or MEHL owns, whether individually or in the
aggregate, directly or indirectly, a 50 percent or greater interest
are authorized through 12:01 a.m. eastern daylight time, June 22,
2021.
[[Page 87715]]
(b) This general license does not authorize any transactions or
activities otherwise prohibited by E.O. 14014, or prohibited by any
part of 31 CFR chapter V, statute, or other Executive order, or
involving any blocked persons other than the blocked persons
identified in paragraph (a) of this general license.
Bradley T. Smith,
Acting Director,
Office of Foreign Assets Control.
Dated: March 25, 2021
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2023-27693 Filed 12-18-23; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on December 19, 2023.
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