2 June 1997 Source: http://www.access.gpo.gov/su_docs/aces/aces140.html See regulations: http://jya.com/fac0823096.txt And related regulations and sanctions: http://jya.com/fac082396-2.txt ----------------------------------------------------------------------- [Federal Register: December 26, 1996 (Volume 61, Number 249)] [Rules and Regulations] [Page 67943-67944] From the Federal Register Online via GPO Access [wais.access.gpo.gov] [DOCID:fr26de96-9] ======================================================================= ----------------------------------------------------------------------- DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 596 Terrorism List Governments Sanctions Regulations; Authorization for Government Stipends and Scholarships for Students AGENCY: Office of Foreign Assets Control, Treasury. ACTION: Final rule; amendment. ----------------------------------------------------------------------- SUMMARY: This final rule amends the Terrorism List Governments Sanctions Regulations to generally authorize payment by the Governments of Syria and Sudan of stipends and scholarships for Syrian and Sudanese nationals studying at accredited educational institutions in the United States. EFFECTIVE DATE: December 20, 1996. FOR FURTHER INFORMATION CONTACT: Office of Foreign Assets Control, Department of the Treasury, Washington, DC 20220; tel.: 202/622-2520. SUPPLEMENTARY INFORMATION: Electronic and Facsimile 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 disk or paper copies. This file is available for downloading without charge in WordPerfect 5.1, ASCII, and Adobe AcrobatTM readable (*.PDF) formats. For Internet access, the address for use with the World Wide Web (Home Page), Telnet, or FTP protocol is: fedbbs.access.gpo.gov. The document is also accessible for downloading in ASCII format without charge from Treasury's Electronic Library (``TEL'') in the ``Business, Trade and Labor Mall'' of the FedWorld bulletin board. By modem, dial 703/321-3339, and select the appropriate self-expanding file 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). [[Page 67944]] Additional information concerning the programs of the Office of Foreign Assets Control is available for downloading from the Office's Internet Home Page: http://www.ustreas.gov/treasury/services/fac/fac.html, or in fax form through the Office's 24-hour fax-on-demand service: call 202/ 622-0077 using a fax machine, fax modem, or (within the United States) a touch-tone telephone. Background On August 22, 1996, the Office of Foreign Assets Control issued the Terrorism List Governments Sanctions Regulations, 31 CFR part 596 (the ``Regulations''), implementing section 321 of the Antiterrorism and Effective Death Penalty Act of 1996 (Pub. L. 104-132, 110 Stat. 1214, 1254 (18 U.S.C. 2332d)). Section 596.504 authorizes U.S. persons to engage in all financial transactions with a terrorism list government that is not otherwise subject to sanctions contained in 31 CFR chapter V, currently the Governments of Syria and Sudan, except for a transfer from a terrorism list government constituting a donation to a U.S. person, or a payment that a U.S. person knows or has reason to know poses the risk of furthering terrorist acts in the United States. This final rule adds Sec. 596.505 to the Regulations, generally authorizing donations from the Governments of Syria and Sudan in the form of stipends and scholarships for their respective nationals enrolled as students in accredited educational institutions in the United States. Representations made by an accredited educational institution concerning the status of a student may be relied upon in determining the applicability of this general license. The general license contained in Sec. 596.505 was originally issued by the Office of Foreign Assets Control on October 24, 1996, as General License No. 1. General License No. 1 may continue to be relied upon for transactions within its scope occurring between October 24, 1996, and the effective date of this final rule. Since the Regulations involve a foreign affairs function, Executive Order 12886 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 FlexibilityAct (5 U.S.C. 601-612) does not apply. No collection of information is contained in this final rule. List of Subjects in 31 CFR Part 596 Administrative practice and procedure, Banking and finance, Cuba, Fines and penalties, Iran, Iraq, Libya, North Korea, Reporting and recordkeeping requirements, Syria, Sudan, Terrorism, Transfer of assets. For the reasons set forth in the preamble, 31 CFR part 596 is amended as follows: PART 596--TERRORISM LIST GOVERNMENTS SANCTIONS REGULATIONS 1. The authority citation for part 596 continues to read as follows: Authority: Pub. L. 104-132, 110 Stat. 1214, 1254 (18 U.S.C. 2332d). Subpart E----Licenses, Authorizations and Statements of Licensing Policy 2. Section 596.505 is added to subpart E to read as follows: Sec. 596.505 Certain transactions related to stipends and scholarships authorized. (a) United States persons are authorized to engage in all financial transactions with respect to stipends and scholarships covering tuition and related educational, living and travel expenses provided by the Government of Syria to Syrian nationals or the Government of Sudan to Sudanese nationals who are enrolled as students in an accredited educational institution in the United States. Representations made by an accredited educational institution concerning the status of a student maybe relied upon in determining the applicability of this section. (b) Nothing in this section authorizes a transaction prohibited by Sec. 596.504(a)(2). Dated: November 27, 1996. R. Richard Newcomb, Director, Office of Foreign Assets Control. Approved: December 3, 1996. James E. Johnson, Assistant Secretary (Enforcement). [FR Doc. 96-32858 Filed 12-20-96; 2:47 pm] BILLING CODE 4810-25-F