[Federal Register Volume 71, Number 145 (Friday, July 28, 2006)]
[Notices]
[Pages 42806-42807]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-12096]


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DEPARTMENT OF COMMERCE

International Trade Administration


Export Trade Certificate of Review

ACTION: Notice of Revocation of Export Trade Certificate of Review; 
Application No. 92-00012.

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SUMMARY: The Secretary of Commerce issued an Export Trade Certificate 
of Review to Balmac International Inc. on December 29, 1992. 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 Balmac International 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 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 December 29, 1992 to Balmac International Inc.
    A Certificate Holder is required by law to submit to the Secretary 
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 April 8, 2004, the Secretary of Commerce sent to Balmac 
International Inc. a letter containing Annual Report questions stating 
that its annual report was due on May 31, 2004. A reminder was sent on 
November 8, 2005 with a due date of December 23, 2005. The Secretary 
has received no written response from

[[Page 42807]]

Balmac International Inc. to any of these letters. On March 24, 2006, 
and in accordance with Section 325.10(c)(1) of the Regulations, (15 CFR 
325.10(c)(1)), the Secretary of Commerce sent a letter by Certified 
Mail to notify Balmac International Inc. that the Secretary was 
formally initiating the process to revoke its Certificate for failure 
to file an annual report. The Secretary received notification that the 
letter was received by Balmac International Inc. on April 3, 2006. 
Pursuant to Section 325.10(c)(2) of the Regulations (15 CFR 
325.10(c)(2)), the Secretary considers the failure of Balmac 
International Inc., to respond to be an admission of the statements 
contained in the notification letter. The Secretary has determined to 
revoke the Certificate issued to Balmac International Inc. for its 
failure to file an annual report. The Secretary has sent a letter, 
dated July 21, 2006, to notify the Balmac International Inc. of its 
final determination.
    The Revocation is effective thirty (30) days from the date of 
publication of this notice (325.10((copyright)))(4) of the Regulations, 
15 CFR 325.10((copyright)))). Any person aggrieved by this decision may 
appeal to an appropriate U.S. District Court within 30 days from the 
date of publication of this notice in the Federal Register ``(325.11 of 
the Regulations, 15 CFR 325.11).''

    Dated: July 19, 2006.
Jeffrey Anspacher,
Director, Export Trading Company Affairs.
[FR Doc. E6-12096 Filed 7-27-06; 8:45 am]
BILLING CODE 3510-DR-P