[Federal Register Volume 64, Number 104 (Tuesday, June 1, 1999)]
[Notices]
[Page 29265]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-13814]


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DEPARTMENT OF COMMERCE

International Trade Administration


Export Trade Certificate of Review

AGENCY: International Trade Administration, Commerce.

ACTION: Notice of revocation of 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 
Secretary is revoking 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'') (Pub. L. 97-290, 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 (1996). 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 to submit to the Department 
of Commerce annual reports that update financial and other information 
relating to business activities covered by its certificate (section 308 
of the Act, 15 U.S.C. 4018, Sec. 235.14 (a) of the Regulations, 15 CFR 
325.14 (a)). The annual report is due within 45 days after the 
anniversary date of the issuance of the certificate of review 
(Sec. 325.14 (b) of the regulations, 15 CFR 325.14 (b)). Failure to 
submit a complete annual report may be the basis for revocation 
(Secs. 325.10(a) and 325.14(c) of the Regulations, 15 CFR 325.10(a) (3) 
and 325.14(c)).
    On July 6, 1998, the Department of Commerce sent to AEON 
International Corporation a letter containing annual report questions 
with a reminder that its annual report was due on August 30, 1999. 
Additional reminders were sent on September 15, 1998, and on October 
13, 1998. The Department has received no written response from AEON 
International Corporation to any of these letters.
    On December 10, 1998, in accordance with Sec. 325.10 (c) (2) 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 for failure to file an annual 
report. A summary of that letter was published in the Federal Register 
(63 FR 69266) on December 16, 1999 allowing thirty days for a response.
    Pursuant to 325.10(c) (2) of the regulations (15 CFR 325.10(c) 
(2)), the Department considers the failure of AEON International 
Corporation to respond to be an admission of the statements contained 
in the notification letter.
    The Department has determined to revoke the certificate issued to 
Trust International Services Company, Inc. for its failure to file an 
annual report. The Department has sent a letter, dated April 29, to 
notify AEON International Corporation of its determination. The 
revocation is effective thirty (30) days from the date of publication 
of this notice. Any person aggrieved by this decision may appeal to an 
appropriate U.S. district court within 30 days from the date on which 
this notice is published in the Federal Register 325.10(c) (4) and 
325.11 of the Regulations, 15 CFR 324.10(c) (4) and 325.11 of the 
Regulations, 15 CFR 325.10(c) (4) and 325.11.

    Dated: May 25, 1999.
Morton Schnabel,
Director, Office of Export Trading Company Affairs.
[FR Doc. 99-13814 Filed 5-28-99; 8:45 am]
BILLING CODE 3510-DR-U