Rule2024-28470

Publication of Western Balkans Stabilization Regulations Web General License 5A

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 6, 2024

Issuing agencies

Treasury DepartmentForeign Assets Control Office

Abstract

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing a general license issued pursuant to the Western Balkans Stabilization Regulations: GL 5A, which was previously made available on OFAC's website.

Full Text

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<title>Federal Register, Volume 89 Issue 235 (Friday, December 6, 2024)</title>
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[Federal Register Volume 89, Number 235 (Friday, December 6, 2024)]
[Rules and Regulations]
[Pages 96901-96902]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-28470]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control

31 CFR Part 588


Publication of Western Balkans Stabilization Regulations Web 
General License 5A

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Publication of a web general license.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing a general license issued pursuant to the 
Western Balkans Stabilization Regulations: GL 5A, which was previously 
made available on OFAC's website.

DATES: GL 5A was issued on November 6, 2024. See SUPPLEMENTARY 
INFORMATION for additional relevant dates.

FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for 
Licensing, 202-622-2480; Assistant Director for Regulatory Affairs, 
202-622-4855; or Assistant Director for Compliance, 202-622-2490 or 
<a href="https://ofac.treasury.gov/contact-ofac">https://ofac.treasury.gov/contact-ofac</a>.

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 November 6, 2024, OFAC issued GL 5A to authorize certain 
transactions otherwise prohibited by the Western Balkans Stabilization 
Regulations, 31 CFR part 588. GL 5A superseded GL 5. GL 5A was made 
available on OFAC's

[[Page 96902]]

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

Western Balkans Stabilization Regulations

31 CFR Part 588

GENERAL LICENSE NO. 5A

Authorizing Certain Transactions Involving Pumps Manufactured or 
Distributed by Kaldera Company EL PGP d.o.o. or Elpring d.o.o. Laktasi 
for the Treatment or Distribution of Drinking Water

    (a) Except as provided in paragraph (b) of this general license, 
all transactions prohibited by the Western Balkans Stabilization 
Regulations, 31 CFR part 588 (WBSR), that are ordinarily incident 
and necessary to the manufacture, distribution, operation, 
installation, or maintenance and repair of pumps manufactured or 
distributed by Kaldera Company EL PGP d.o.o. (Kaldera), Elpring 
d.o.o. Laktasi (Elpring), or any entity in which Kaldera or Elpring 
owns, directly or indirectly, individually or in the aggregate, a 50 
percent or greater interest, that are currently or are intended 
solely for use in the treatment or distribution of drinking water, 
are authorized.
    (b) This general license does not authorize any transactions 
otherwise prohibited by the WBSR, including transactions involving 
any person blocked pursuant to the WBSR other than the blocked 
persons described in paragraph (a) of this general license, unless 
separately authorized.
    (c) Effective November 6, 2024, General License No. 5, dated 
June 18, 2024, is replaced and superseded in its entirety by this 
General License No. 5A.

Lisa M. Palluconi,

Acting Director, Office of Foreign Assets Control.

    Dated: November 6, 2024

Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
[FR Doc. 2024-28470 Filed 12-5-24; 8:45 am]
BILLING CODE 4810-AL-P


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Indexed from Federal Register on December 6, 2024.

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.