[Federal Register Volume 68, Number 11 (Thursday, January 16, 2003)]
[Notices]
[Pages 2317-2318]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-1043]


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DEPARTMENT OF COMMERCE

International Trade Administration


Export Trade Certificate of Review

AGENCY: International Trade Administration, DOC.

ACTION: Notice of revocation of Export Trade Certificate of Review No. 
84-00022.

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SUMMARY: The Secretary of Commerce issued an Export Trade Certificate 
of Review to Great Agassiz Basin Export Trading Company, Inc. on 
September 5, 1984. 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 
Great Agassiz Basin Export Trading Company, Inc.

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

[[Page 2318]]


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 (1999). Pursuant to this authority, a certificate of 
review was issued on September 5, 1984 to Great Agassiz Basin Export 
Trading Company, Inc.
    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, Section 325.14(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 (Sections 
325.14(b) of the Regulations, 15 CFR 325.14(b)). Failure to submit a 
complete annual report may be the basis for revocation (Sections 
325.10(a) and 325.14(c) of the Regulations, 15 CFR 325.10(a)(3) and 
325.14(c)).
    On August 26, 2002, the Department of Commerce sent to Great 
Agassiz Basin Export Trading Company, Inc. a letter containing annual 
report questions with a reminder that its annual report was due on 
October 20, 2002. An additional reminder was sent on November 7, 2002. 
The Department has received no written response from Great Agassiz 
Basin Export Trading Company, Inc. to any of these letters.
    On November 25, 2002, and in accordance with Section 325.10(c)(2) 
of the Regulations, (15 CFR 325.10(c)(2)), the Department of Commerce 
sent a letter by certified mail to notify Great Agassiz Basin Export 
Trading Company, Inc. that the Department was formally initiating the 
process to revoke its certificate for failure to file an annual report. 
In addition, a summary of this letter allowing Great Agassiz Basin 
Export Trading Company, Inc. thirty days to respond was published in 
the Federal Register on December 2, 2002 at 67 FR 71535. Pursuant to 
Section 325.10(c)(2) of the Regulations (15 CFR 325.10(c)(2)), the 
Department considers the failure of Great Agassiz Basin Export Trading 
Company, Inc. to respond to be an admission of the statements contained 
in the notification letter.
    The Department has determined to revoke the certificate issued to 
Great Agassiz Basin Export Trading Company, Inc. for its failure to 
file an annual report. The Department has sent a letter, dated January 
13, 2003, to notify Great Agassiz Basin Export Trading Company, Inc. 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, Sections 325.10(c)(4) and 325.11 of the Regulations, 15 CFR 
324.10(c)(4) and Section 325.11 of the Regulations, 15 CFR 325.10(c)(4) 
and 325.11.

    Dated: January 13, 2003.
Jeffrey Anspacher,
Director, Office of Export Trading Company Affairs.
[FR Doc. 03-1043 Filed 1-15-03; 8:45 am]
BILLING CODE 3510-DR-P