Rule2025-17395
Publication of Iranian Transactions and Sanctions Regulations Web General License
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
September 10, 2025
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 (GL) issued in the Iran sanctions program: GL Q. This GL was previously made available on OFAC's website.
Full Text
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<title>Federal Register, Volume 90 Issue 173 (Wednesday, September 10, 2025)</title>
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[Federal Register Volume 90, Number 173 (Wednesday, September 10, 2025)]
[Rules and Regulations]
[Page 43559]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-17395]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Chapter V
Publication of Iranian Transactions and Sanctions Regulations Web
General License
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 (GL) issued in the Iran
sanctions program: GL Q. This GL was previously made available on
OFAC's website.
DATES: GL Q was issued on May 20, 2025. See SUPPLEMENTARY INFORMATION
for additional relevant dates.
FOR FURTHER INFORMATION CONTACT: OFAC: Assistant Director for
Regulatory Affairs, 202-622-4855; 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 May 20, 2025, OFAC issued GL Q to authorize certain transactions
otherwise prohibited by Executive Order 13902 of January 10, 2020
(``Imposing Sanctions With Respect to Additional Sectors of Iran,'' 85
FR 2003, January 14, 2020). GL Q 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
Executive Order 13902 of January 10, 2020
Imposing Sanctions With Respect to Additional Sectors of Iran
GENERAL LICENSE Q
Authorizing Limited Safety, Environmental, and Sale Transactions
Involving the Blocked Vessel M.V. Tinos I While Located in the United
States
(a) Except as provided in paragraph (b) of this general license,
all transactions prohibited by Executive Order (E.O.) 13902 involving
the vessel M.V. Tinos I (IMO: 9969821) (Tinos I), Meisam Emamjomeh, or
Pearl Petrochemical FZE, or any entity in which any of the foregoing
owns, directly or indirectly, individually or in the aggregate, a 50
percent or greater interest, that are ordinarily incident and necessary
to one or more of the following activities are authorized, provided
that any payments to a blocked person must be made into a blocked
interest-bearing account at a U.S. financial institution:
(1) The safe docking and anchoring of the Tinos I in port;
(2) The preservation of the health and safety of the crew of the
Tinos I;
(3) Emergency repairs and environmental mitigation or protection
activities related to the Tinos I;
(4) The provision of vessel management, bunkering, pilotage,
towing, insurance, classification, flagging, registration, crewing, or
port agency services for the Tinos I, as well as other services
necessary to maintain normal vessel standards for the Tinos I; or
(5) The sale of the Tinos I, provided the net proceeds of the sale
be placed into a blocked interest-bearing account at a U.S. financial
institution.
Note to paragraph (a)(5). Transactions authorized by paragraph
(a)(5) include: bidding on the purchase of the vessel; paying
deposits; providing financing, insurance, or funding in connection
with the purchase; and, in furtherance of the sale of the vessel,
repairing or modifying the vessel for commercial use and hiring
surveyors to inspect the vessel.
(b) This general license does not authorize:
(1) The entry into any new commercial contracts involving the
property or interests in property of any blocked persons, including the
blocked persons described in paragraph (a) of this general license,
except as authorized by paragraph (a);
(2) Any transaction involving the Tinos I when the vessel is
located outside of the United States, including its territorial sea;
(3) Any debit to a blocked account; or
(4) Any transactions otherwise prohibited by E.O. 13902 or any part
of 31 CFR chapter V, other than transactions involving the blocked
persons described in paragraph (a) of this general license, unless
separately authorized.
Lisa M. Palluconi,
Acting Director, Office of Foreign Assets Control.
Dated: May 20, 2025.
Bradley T. Smith,
Director, Office of Foreign Assets Control.
Editorial Note: This document was received for publication by
the Office of the Federal Register on September 8, 2025.
[FR Doc. 2025-17395 Filed 9-9-25; 8:45 am]
BILLING CODE 4810-AL-P
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</html>Indexed from Federal Register on September 10, 2025.
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