[Federal Register Volume 63, Number 241 (Wednesday, December 16, 1998)]
[Notices]
[Page 69266]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-33279]


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DEPARTMENT OF COMMERCE

International Trade Administration


Export Trade Certificate of Review

AGENCY: International Trade Administration, Commerce.

ACTION: Notice of Initiation of Process to Revoke Export Trade 
Certificate of Review No. 84-00015.

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SUMMARY: The Secretary of Commerce issued an export trade certificate 
of review to AEON International Corporation. Because this certificate 
holder has failed to file an annual report as required by law, the 
Department is initiating proceedings to revoke the certificate. This 
notice summarizes the notification letter sent to AEON International 
Corporation.

FOR FURTHER INFORMATION CONTACT: Morton Schnabel, Director, Office of 
Export Trading Company Affairs, International Trade Administration, 
(202) 482-5131. This is not a toll-free number.

SUPPLEMENTARY INFORMATION: Title III of the Export Trading Company Act 
of 1982 (``the Act'') [15 U.S.C. 4011-21] authorizes the Secretary of 
Commerce to issue export trade certificates of review. The regulations 
implementing Title III (``the Regulations'') are found at 15 CFR part 
325. Pursuant to this authority, a certificate of review was issued on 
July 16, 1984 to AEON International Corporation.
    A certificate holder is required by law [Section 308 of the Act, 15 
U.S.C. 4018] to submit to the Department of Commerce annual reports 
that update financial and other information relating to business 
activities covered by its certificate. The annual report is due within 
45 days after the anniversary date of the issuance of the certificate 
of review [Sections 325.14(a) and (b) of the Regulations]. Failure to 
submit a complete annual report may be the basis for revocation. 
[Sections 325.10(a) and 325.14(c) of the Regulations].
    The Department of Commerce sent to AEON International Corporation, 
on July 6, 1998, a letter containing annual report questions with a 
reminder that its annual report was due on August 30, 1998. Additional 
reminders were sent on September 15, 1998, and on October 13, 1998. The 
Department has received no written response to any of these letters.
    On December 10, 1998, and in accordance with Section 325.10 (c)[1] 
of the Regulations, a letter was sent by certified mail to notify AEON 
International Corporation that the Department was formally initiating 
the process to revoke its certificate. The letter stated that this 
action is being taken because of the certificate holder's failure to 
file an annual report.
    In accordance with Section 325.10(c)[2] of the Regulations, each 
certificate holder has thirty days from the day after its receipt of 
the notification letter in which to respond. The certificate holder is 
deemed to have received this letter as of the date on which this notice 
is published in the Federal Register. For good cause shown, the 
Department of Commerce can, at its discretion, grant a thirty-day 
extension for a response.
    If the certificate holder decides to respond, it must specifically 
address the Department's statement in the notification letter that it 
has failed to file an annual report. It should state in detail why the 
facts, conduct, or circumstances described in the notification letter 
are not true, or if they are, why they do not warrant revoking the 
certificate. If the certificate holder does not respond within the 
specified period, it will be considered an admission of the statements 
contained in the notification letter [Section 325.10(c)[2] of the 
Regulations].
    If the answer demonstrates that the material facts are in dispute, 
the Department of Commerce and the Department of Justice shall, upon 
request, meet informally with the certificate holder. Either Department 
may require the certificate holder to provide the documents or 
information that are necessary to support its contentions [Section 
325.10(c)[3] of the Regulations].
    The Department shall publish a notice in the Federal Register of 
the revocation or modification or a decision not to revoke or modify 
[Section 325.10(c)[4] of the Regulations]. If there is a determination 
to revoke a certificate, any person aggrieved by such final decision 
may appeal to an appropriate U.S. district court within 30 days from 
the date on which the Department's final determination is published in 
the Federal Register [Sections 325.10(c)[4] and 325.11 of the 
Regulations].

    Dated: December 10, 1998.
Morton Schnabel,
Director, Office of Export Trading Company Affairs.
[FR Doc. 98-33279 Filed 12-15-98; 8:45 am]
BILLING CODE 3510-DR-P