[Federal Register Volume 60, Number 142 (Tuesday, July 25, 1995)]
[Rules and Regulations]
[Pages 37940-37941]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-18204]
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DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 550
Libyan Sanctions Regulations; Specially Designated Nationals List
AGENCY: Office of Foreign Assets Control, Treasury.
ACTION: Final rule; amendments to the list of specially designated
nationals.
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SUMMARY: The Office of Foreign Assets Control is amending the Libyan
Sanctions Regulations to add three hotels in Malta, Mistra Village
Ltd., Hotel Milano Due, and Marina San Gorg Co. Ltd., to appendix A,
Organizations Determined to be Within the Term ``Government of Libya''
(Specially Designated Nationals of Libya).
EFFECTIVE DATE: July 25, 1995.
ADDRESS: Copies of the list of persons whose property is blocked
pursuant to the Libyan Sanctions Regulations are available upon request
at the following location: Office of Foreign Assets Control, U.S.
Department of the Treasury, Annex, 1500 Pennsylvania Avenue, N.W.,
Washington, D.C. 20220. The full list of persons blocked pursuant to
economic sanctions programs administered by the Office of Foreign
Assets Control is available electronically on The Federal Bulletin
Board and Treasury's Electronic Library (see Supplementary
Information).
FOR FURTHER INFORMATION CONTACT: J. Robert McBrien, Chief,
International Programs Division, Office of Foreign Assets Control,
tel.: 202/622-2420.
SUPPLEMENTARY INFORMATION:
Electronic Availability
This document is available as an electronic file on The Federal
Bulletin Board the day of publication in the Federal Register. By modem
dial 202/512-1387 and type ``/GO/FAC'' or call 202/512-1530 for disks
or paper copies. This file is available for downloading in WordPerfect
5.1, ASCII, and Postscript formats. The document is also accessible for
downloading in ASCII format without charge from Treasury's
[[Page 37941]]
Electronic Library (``TEL'') in the ``Business, Trade and Labor Mall''
of the FedWorld bulletin board. By modem dial 703/321-3339, and select
self-expanding file ``T11FR00.EXE'' in TEL. For Internet access, use
one of the following protocols: Telnet = fedworld.gov (192.239.93.3);
World Wide Web (Home Page) = http://www.fedworld.gov; FTP =
ftp.fedworld.gov (192.239.92.205).
Background
The Office of Foreign Assets Control (``FAC'') is amending the
Libyan Sanctions Regulations, 31 CFR part 550 (the ``Regulations''), to
add new entries to appendix A. Appendix A, Organizations Determined to
be Within the Term ``Government of Libya'' (Specially Designated
Nationals of Libya), is a list of organizations determined by the
Director of FAC to be within the definition of the term ``Government of
Libya,'' as set forth in Sec. 550.304(a) of the Regulations, because
they are owned or controlled by or act or purport to act directly or
indirectly on behalf of the Government of Libya.
Appendix A to part 550 is amended to provide public notice of the
designation of three Malta hotels, i. e., Mistra Village Ltd., Hotel
Milano Due, and Marina San Gorg Co. Ltd, as Specially Designated
Nationals of Libya.
All prohibitions in the Regulations pertaining to the Government of
Libya apply to the entities and individuals identified in appendix A.
All unlicensed transactions with such entities, or transactions in
property in which they have an interest, are prohibited unless
otherwise exempted or generally licensed in the Regulations.
Determinations that persons fall within the definition of the term
``Government of Libya'' and are thus Specially Designated Nationals of
Libya are effective upon the date of determination by the Director of
FAC, acting under authority delegated by the Secretary of the Treasury.
Public notice is effective upon the date of publication or upon actual
notice, whichever is sooner.
The list of Specially Designated Nationals in appendices A and B is
a partial one, since FAC may not be aware of all agencies and officers
of the Government of Libya, or of all persons that might be owned or
controlled by, or acting on behalf of the Government of Libya within
the meaning of Sec. 550.304(a). Therefore, one may not rely on the fact
that a person is not listed in appendix A or B as a Specially
Designated National as evidence that it is not owned or controlled by,
or acting or purporting to act directly or indirectly on behalf of, the
Government of Libya. The Treasury Department regards it as incumbent
upon all persons governed by the Regulations to take reasonable steps
to ascertain for themselves whether persons with whom they deal are
owned or controlled by, or acting or purporting to act on behalf of,
the Government of Libya, or on behalf of other countries subject to
blocking or transactional restrictions administered by FAC.
Section 206 of the International Emergency Economic Powers Act, 50
U.S.C. 1705, provides for civil penalties not to exceed $10,000 for
each violation of the Regulations. Criminal violations of the
Regulations are punishable by fines of up to $250,000 or imprisonment
for up to 10 years per count, or both, for individuals and criminal
fines of up to $500,000 per count for organizations. See 50 U.S.C.
1705; 18 U.S.C. 3571.
Because the Regulations involve a foreign affairs function,
Executive Order 12866 and the provisions of the Administrative
Procedure Act, 5 U.S.C. 553, requiring notice of proposed rulemaking,
opportunity for public participation, and delay in effective date, are
inapplicable. Because no notice of proposed rulemaking is required for
this rule, the Regulatory Flexibility Act, 5 U.S.C. 601-612, does not
apply.
List of Subjects in 31 CFR Part 550
Administrative practice and procedure, Banks, banking, Blocking of
assets, Exports, Foreign investment, Foreign trade, Government of
Libya, Imports, Libya, Loans, Penalties, Reporting and recordkeeping
requirements, Securities, Services, Specially designated nationals,
Travel restrictions.
For the reasons set forth in the preamble, 31 CFR part 550 is
amended as set forth below:
PART 550--LIBYAN SANCTIONS REGULATIONS
1. The authority citation for part 550 continues to read as
follows:
Authority: 50 U.S.C. 1701-1706; 50 U.S.C. 1601-1651; 22 U.S.C.
287c; 49 U.S.C. App. 1514; 22 U.S.C. 2349aa-8 and 2349aa-9; 3 U.S.C.
301; E.O. 12543, 51 FR 875, 3 CFR, 1986 Comp., p. 181; E.O. 12544,
51 FR 1235, 3 CFR, 1986 Comp., p. 183; E.O. 12801, 57 FR 14319, 3
CFR, 1992 Comp., p. 294.
2. Appendix A to part 550 is amended by adding the following
entries in alphabetical order, to read as follows:
APPENDIX A TO PART 550--ORGANIZATIONS DETERMINED TO BE WITHIN THE
TERM ``GOVERNMENT OF LIBYA'' (SPECIALLY DESIGNATED NATIONALS OF
LIBYA)
* * * * *
HOTEL MILANO DUE,
Gzira, Malta.
* * * * *
MARINA SAN GORG CO. LTD.
(a.k.a. Marina San Gorg Holiday Complex),
Malta.
* * * * *
MISTRA VILLAGE LTD.
22 Europa Centre, Floriana, Malta (registered address);
Xemija Hill, St. Paul's Bay, Malta (operating address).
* * * * *
Dated: June 28, 1995.
R. Richard Newcomb,
Director, Office of Foreign Assets Control.
Approved: June 30, 1995.
Dennis M. O'Connell,
Acting Deputy Assistant Secretary (Regulatory, Tariff and Trade
Enforcement).
[FR Doc. 95-18204 Filed 7-20-95; 11:41 am]
BILLING CODE 4810-25-F