[Federal Register Volume 71, Number 92 (Friday, May 12, 2006)]
[Notices]
[Pages 27683-27684]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-7285]


-----------------------------------------------------------------------

DEPARTMENT OF COMMERCE

International Trade Administration


Export Trade Certificate of Review

ACTION: Notice of revocation of export trade certificate of review--
application No. 83-00030.

-----------------------------------------------------------------------

SUMMARY: The Secretary of Commerce issued an Export Trade Certificate 
of Review to Trans World Products Co., Inc. on February 8, 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 Trans World Products Co., 
Inc.

FOR FURTHER INFORMATION CONTACT: Jeffrey Anspacher, Director, 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

[[Page 27684]]

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 February 8, 1984 
to Trans World Products, Co., 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)). The Department of Commerce sent to Trans World Products 
Co., Inc., a letter containing annual report questions stating that its 
annual report was due on March 25, 2005. A reminder was sent on October 
21, 2005. The Department has received no written response from Trans 
World Products Co., Inc. to any of these letters. On March 17, 2006, 
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 Trans World Products Co., Inc., that the Department was 
formally initiating the process to revoke its Certificate for failure 
to file an annual report. Pursuant to Section 325.10(c)(2) of the 
Regulations (15 CFR 325.10(c)(2)), the Department considers the failure 
of Trans World Products Co., 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 Trans World Products 
Co., Inc. for its failure to file an annual report. The Department has 
sent a letter, dated May 5, 2006, to notify Trans World Products Co., 
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, in 
accordance with 15 CFR 325.10(c)(4) and 15 CFR 325.11.

     Dated: May 8, 2006.
Jeffrey Anspacher,
Director, Export Trading Company Affairs.
[FR Doc. E6-7285 Filed 5-11-06; 8:45 am]
BILLING CODE 3510-DR-P