[Federal Register Volume 76, Number 201 (Tuesday, October 18, 2011)]
[Notices]
[Pages 64427-64428]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-26882]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Designation of One Entity Pursuant to Executive Order 13224 of 
September 23, 2001, ``Blocking Property and Prohibiting Transactions 
With Persons Who Commit, Threaten To Commit, or Support Terrorism''

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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

SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing the name of one entity whose property and 
interests in property are blocked pursuant to Executive Order 13224 of 
September 23, 2001, ``Blocking Property and Prohibiting Transactions 
With Persons Who Commit, Threaten To Commit, or Support Terrorism.''

DATES: The designation by the Director of OFAC of the entity in this 
notice, pursuant to Executive Order 13224, is effective on October 12, 
2011.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION: 

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (http://www.treas.gov/ofac) or via 
facsimile through a 24-hour fax-on-demand service, tel.: 202/622-0077.

Background

    On September 23, 2001, the President issued Executive Order 13224 
(the ``Order'') pursuant to the International Emergency Economic Powers 
Act, 50 U.S.C. 1701-1706, and the United Nations Participation Act of 
1945, 22 U.S.C. 287c. In the Order, the President declared a national 
emergency to address grave acts of terrorism and threats of terrorism 
committed by foreign terrorists, including the September 11, 2001 
terrorist attacks in New York, Pennsylvania, and at the Pentagon. The 
Order imposes economic sanctions on persons who have committed, pose a 
significant risk of committing, or support acts of terrorism. The 
President identified in the Annex to the Order, as amended by Executive 
Order 13268 of July 2, 2002, 13 individuals and 16 entities as subject 
to the economic sanctions. The Order was further amended by Executive 
Order

[[Page 64428]]

13284 of January 23, 2003, to reflect the creation of the Department of 
Homeland Security.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in or hereafter come within 
the United States or the possession or control of United States 
persons, of: (1) Foreign persons listed in the Annex to the Order; (2) 
foreign persons determined by the Secretary of State, in consultation 
with the Secretary of the Treasury, the Secretary of the Department of 
Homeland Security and the Attorney General, to have committed, or to 
pose a significant risk of committing, acts of terrorism that threaten 
the security of U.S. nationals or the national security, foreign 
policy, or economy of the United States; (3) persons determined by the 
Director of OFAC, in consultation with the Departments of State, 
Homeland Security and Justice, to be owned or controlled by, or to act 
for or on behalf of those persons listed in the Annex to the Order or 
those persons determined to be subject to subsection 1(b), 1(c), or 
1(d)(i) of the Order; and (4) except as provided in section 5 of the 
Order and after such consultation, if any, with foreign authorities as 
the Secretary of State, in consultation with the Secretary of the 
Treasury, the Secretary of the Department of Homeland Security and the 
Attorney General, deems appropriate in the exercise of his discretion, 
persons determined by the Director of OFAC, in consultation with the 
Departments of State, Homeland Security and Justice, to assist in, 
sponsor, or provide financial, material, or technological support for, 
or financial or other services to or in support of, such acts of 
terrorism or those persons listed in the Annex to the Order or 
determined to be subject to the Order or to be otherwise associated 
with those persons listed in the Annex to the Order or those persons 
determined to be subject to subsection 1(b), 1(c), or 1(d)(i) of the 
Order.
    On October 12, 2011, the Director of OFAC, in consultation with the 
Departments of State, Homeland Security, Justice and other relevant 
agencies, designated, pursuant to one or more of the criteria set forth 
in subsections 1(b), 1(c) or 1(d) of the Order, one entity whose 
property and interests in property are blocked pursuant to Executive 
Order 13224.
    The listing for this entity on OFAC's list of Specially Designated 
Nationals and Blocked Persons appear as follows:

Entities

    1. MAHAN AIR (a.k.a. MAHAN AIR CO.), Mahan Air Tower, 21st Floor, 
Azadeghan Street, Karaj Highway, P.O. Box 14515-411, Tehran, Tehran, 
Iran; Mahan Air Tower, Azadegan St., Karaj Highway, P.O. Box 411-14515, 
Tehran, Tehran 1481655761, Iran; No. 21, Mahan Air Tower, Azadegan 
Street, Jenah Expressway, Beginning of Sheykh Fazlollah Exp. Way, First 
of Karaj High Way, Tehran, Tehran 1481655761, Iran; [SDGT]

    Dated: October 12, 2011.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2011-26882 Filed 10-17-11; 8:45 am]
BILLING CODE 4810-AL-P