[Federal Register Volume 63, Number 211 (Monday, November 2, 1998)]
[Presidential Documents]
[Page 59201]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-29454]




                        Presidential Documents 



Federal Register / Vol. 63, No. 211 / Friday, November 2, 1998 / 
Presidential Documents

[[Page 59201]]


                Presidential Determination No. 99-1 of October 21, 1998

                
Determination To Waive Requirements Relating to 
                Blocked Property of Terrorist-List States

                Memorandum for the Secretary of State [and] the 
                Secretary of the Treasury

                By the authority vested in me as President by the 
                Constitution and laws of the United States of America, 
                including section 117 of the Treasury and General 
                Government Appropriations Act, 1999, as contained in 
                the Omnibus Consolidated and Emergency Supplemental 
                Appropriations Act, 1999 (approved October 21, 1998), I 
                hereby determine that the requirements of section 117, 
                including the requirement that any property with 
                respect to which financial transactions are prohibited 
                or regulated pursuant to section 5(b) of the Trading 
                with the Enemy Act (50 U.S.C. App. 5(b)), section 
                620(a) of the Foreign Assistance Act of 1961 (22 U.S.C. 
                2370(a)), sections 202 and 203 of the International 
                Emergency Economic Powers Act (50 U.S.C. 1701-1702), 
                and proclamations, orders, regulations, and licenses 
                issued pursuant thereto, be subject to execution or 
                attachment in aid of execution of any judgment relating 
                to a claim for which a foreign state claiming such 
                property is not immune from the jurisdiction of courts 
                of the United States or of the States under section 
                1605(a)(7) of title 28, United States Code, would 
                impede the ability of the President to conduct foreign 
                policy in the interest of national security and would, 
                in particular, impede the effectiveness of such 
                prohibitions and regulations upon financial 
                transactions, and, therefore, pursuant to section 
                117(d), I hereby waive the requirements of section 117 
                in the interest of national security.

                The Secretary of State is authorized and directed to 
                publish this determination in the Federal Register.

                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, October 21, 1998.

[FR Doc. 98-29454
Filed 10-30-98; 8:45 am]
Billing code 4710-10-M