Rule2024-06033
Publication of Global Terrorism Sanctions Regulations Web General License 29
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
March 21, 2024
Issuing agencies
Treasury DepartmentForeign Assets Control Office
Abstract
The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one general license (GL) issued pursuant to the Global Terrorism Sanctions Regulations: GL 29, which was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 89 Issue 56 (Thursday, March 21, 2024)</title>
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[Federal Register Volume 89, Number 56 (Thursday, March 21, 2024)]
[Rules and Regulations]
[Page 20120]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-06033]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 594
Publication of Global Terrorism Sanctions Regulations Web General
License 29
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Publication of web general license.
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SUMMARY: The Department of the Treasury's Office of Foreign Assets
Control (OFAC) is publishing one general license (GL) issued pursuant
to the Global Terrorism Sanctions Regulations: GL 29, which was
previously made available on OFAC's website.
DATES: GL 29 was issued on March 11, 2024.
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 11, 2024, OFAC issued GL 29 to authorize certain
transactions otherwise prohibited by the Global Terrorism Sanctions
Regulations, 31 CFR part 594. GL 29 was made available on OFAC's
website (<a href="https://ofac.treasury.gov">https://ofac.treasury.gov</a>) when it was issued. The text of
this GL is provided below.
OFFICE OF FOREIGN ASSETS CONTROL
Global Terrorism Sanctions Regulations
31 CFR Part 594
GENERAL LICENSE NO. 29
Authorizing the Wind Down of Transactions Involving Haleel Commodities
LLC
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by the Global Terrorism Sanctions
Regulations, 31 CFR part 594 (GTSR), that are ordinarily incident
and necessary to the wind down of any transaction involving Haleel
Commodities LLC (Haleel Commodities), or any entity in which Haleel
Commodities owns, directly or indirectly, a 50 percent or greater
interest, are authorized through 12:01 a.m. eastern daylight time,
April 10, 2024, provided that any payment to a blocked person is
made into a blocked account in accordance with the GTSR.
(b) This general license does not authorize any transactions
otherwise prohibited by the GTSR, including transactions involving
any person blocked pursuant to the GTSR other than the blocked
persons described in paragraph (a) of this general license, unless
separately authorized.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Dated: March 11, 2024.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
[FR Doc. 2024-06033 Filed 3-20-24; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on March 21, 2024.
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