[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