View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

F ederal r e ser v e ba n k o f Dallas
DALLAS, TEXAS

75222

C ircular No. 80-79
April 22, 1980

IRANIAN ASSETS CONTROL
TO ALL MEMBER BANKS IN THE
ELEVENTH FEDERAL RESERVE DISTRICT:
The Office of Foreign Assets Control, Department of the Treasury,
is conducting a census of Iranian Assets and a separate census of claims against
Iran by U. S. companies and individuals.
The Treasury is conducting this census pursuant to 31 CFR Sections
535.615 and 535.616. The reporting requirements apply to all persons who held
any property in which Iran or an Iranian entity had any interest between
November 14, 1979 and March 31, 1980, or who had a claim against the
government of Iran or one of its entities which arose before April 15, 1980.
The Treasury has requested the Federal Reserve System's assistance
in disseminating the census forms and instructions to member banks and to
interested members of the public, although all questions about the forms should
be directed to the Treasury Department. Booklets containing instructions and
forms for each census are enclosed.
Reports under the assets census should be sent to the Treasury by
May 15, 1980, from all persons who held any property in which Iran or an Iranian
entity had any interest between November 14, 1979 and March 31, 1980. Reports
are also required by th at date from any person who had a claim against the
government of Iran which arose before April 15, 1980.
Any questions relating to the census should be referred to the Office
of Foreign Assets Control, Treasury Department, Washington, D.C. 20220
(Telephone 202-376-0968).
Also enclosed are amendments effective April 7, 1980 to the
Treasury Department's Iranian Assets Control Regulations.
Sincerely yours,
Robert H. Boykin
First Vice President
Enclosures

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)

CENSUS OF
BLOCKED IRANIAN
ASSETS

O ffice of Foreign Assets Control
D epartm ent of the Treasury
W ashington, D.C. 2 0 2 2 0

CENSUS OF BLOCKED IR A N IA N ASSETS
INSTRUCTIONS FOR REPORTING ON FORM TFR-615
The Office of Foreign Assets Control, Department of the Treasury, under section 535.615 of the
Iranian Assets Control Regulations (31 CFR Part 535), is conducting a census of all blocked Iranian assets.
Reporting under the census is mandatory. Reports on Form TFR-615 are hereby required to be filed
on or before May 15, 1980, in the manner prescribed herein, by any holder of blocked Iranian assets who is
a person subject to the jurisdiction of the United States. The reporting requirement applies to any person
subject to the jurisdiction of the United States who had in his possession or control, between 8:10 a.m.,
e.s.t., November 14,1979,and March 31,1980, any property in which the Government of Iran, its agencies,
instrumentalities or controlled entities, or the Central Bank of Iran had any direct or indirect interest of
any kind whatsoever. The information to be reported is needed by the United States Government for
planning purposes and to monitor compliance with the Regulations.
Each question on the form must be answered and all the specific information called for must be
given. When there is nothing to report under any question, or if information is lacking, state "No," "None,"
or "Unknown," as the case may be. If the space provided on the form for answers should prove inadequate,
the answer may be made or continued on a blank sheet of paper securely attached to the form. No person
is excused from furnishing any information he reasonably should have furnished.
DEADLINE:

May 15, 1980.

No extensions will be granted.

This form is to be completed in triplicate and two copies are to be returned in a set to Unit 615,
Office of Foreign Assets Control, Washington, D.C. 20220 by the May 15,1980 deadline.
Observance of the filing deadline is extremely important.
FOR FURTHER INFORMATION CONTACT:

Unit 615, (202) 376-0968 or 376-0969.

PART I —
GENERAL INSTRUCTIONS
A.

REPORTING REQUIREMENTS

TFR-615 for itself and any such foreign firm(s). The
parent firm must certify any report for an owned or
controled firm in Part F.

1. Who must report.
a. Any person subject to the jurisdiction of the United
States (or his successor) who on November 14, 1979, or
any subsequent date up to and including March 31,
1980, had in his custody, control or possession, directly
or indirectly, in trust or otherwise, property in which
there was, as of such date, any direct or indirect interest
of the Government of Iran, its instrumentalities or con­
trolled entities, or the Central Bank of Iran, with respect
to any such property, whether or not such property con­
tinued to be held by that person on March 31, 1980. If
a U.S. parent company or any foreign firm(s) which it
owns or controls are subject to the reporting require­
ments, the U.S. parent company must submit Form

b. All business or nonbusiness entities in the United
States in which an Iranian entity held any financial
interest on November 14, 1979, or on any subsequent
date up to and including March 31,1980.
c. In general, the following persons subject to the
jurisdiction of the United States who held, between
8:10 a.m., e.s.t., November 14, 1979, and March 31,
1980, property in which Iran or an Iranian entity had
any interest, will have reporting obligations:
(1)
All banks within the United States, including
U.S. subsidiaries, branches and agencies of foreign banks
(i)

report may be filed on behalf of a holder by an attorney,
agent or other person. However, the pertinent informa­
tion regarding the person holding the property must be
included in Part E. No person is excused from filing
Form TFR-615 by reason of the fact that another per­
son has submitted a report with regard to the same
property, unless he has actual knowledge that the other
person has filed a report with respect to the property
as full and complete as that which such person would
otherwise be required to file.

Part I-General Instructions.-Continued
A. Reporting Requirements—Continued
1.
Who must report.—
Continued
which held deposits or other property;
(2) Foreign subsidiaries, branches and agencies
of U.S. banks which held deposits or other property;
(3) Foreign branches and agencies of U.S. sub­
sidiaries of foreign banks which held deposits or other
property;
(4) All banks, brokers, dealers or other custo­
dians (including their foreign branches and subsidiaries)
which held securities or other property;

4.

Copies of Form TFR-615 with reporting instructions
have been distributed through the Federal Reserve Sys­
tem to all member banks. Other persons required to re­
port or otherwise interested in obtaining copies of Form
TFR-615 and the reporting instructions may do so by
applying to the Office of Foreign Assets Control, Unit
615, Department of the Treasury, Washington, D.C.
20220, or to the nearest Federal Reserve bank.

(5) Nonbanking business enterprises and other
entities subject to the jurisdiction of the United States,
including the foreign branches and subsidiaries of such
enterprises and entities, which had commercial or fi­
nancial liabilities to Iranian entities or which had in their
possession or control other property in which Iranian
entities have any interest; and
(6) All U.S. persons not otherwise defined who
act as agents for any Iranian entity with property in the
United States, including U.S. Government agencies
which are custodians of property of an Iranian entity.

2.

5.

Filing Form TFR-615.

Reports on Form TFR-615 shall be prepared in
triplicate. On or before May 15, 1980, two copies shall
be sent in a set to Unit 615, Office of Foreign Assets
Control, Department of the Treasury, Washington, D.C.
20220. Retain a copy for your records.

What must be reported.

a. Property subject to the jurisdiction of the United
States or in the possession of or control of persons sub­
ject to the jurisdiction of the United States, in which
Iran or an Iranian entity had any interest of any nature
whatsoever between 8:10 a.m., e.s.t., November 14,
1979, and March 31, 1980. A separate Form TFR-615

6.

Certification.

Every report filed on Form TFR-615 must be certi­
fied in Part F of the form. Failure to complete the certi­
fication shall render the report ineffective, and the sub­
mission of such a report shall not constitute compliance
with the reporting requirements of section 535.615 of
the Regulations.

m u st be filed with respect to each blocked account
held b y the holder.
b.

Obtaining Form TFR-615.

The following property should n o t be reported:

7.

(1) Property of an individual Iranian national or
of an Iranian company not owned or controlled by the
Government of Iran.

Confidentiality of reports.

Reports filed on Form TFR-615 are regarded as
privileged and confidential.

(2) Patents, trademarks, copyrights and inven­
tions, but this exemption shall not constitute a waiver
of any reporting requirement with respect to royalties
due and unpaid.

8.

Penalties.

Reporting on Form TFR-615 is mandatory under
section 535.615 of the Iranian Assets Control Regula­
tions for persons who are subject to the reporting re­
quirements. In this regard, section 206 of the Inter­
national Emergency Economic Powers Act provides
as follows:

3.

Primary responsibility for reporting.
Primary responsibility for reporting any property
rests on the actual holder of the property with the
following exceptions:
primary responsibility for re­
porting any asset held by a foreign firm owned or con­
trolled by a person subject to the jurisdiction of the
United States is on the U.S. parent, and primary respon­
sibility for reporting any trust is on the trustee. A

Penalties
Sec. 206. (a) A civil penalty of not
to exceed $10,000 may be imposed on any
person who violates any license, order, or
regulation issued under this title.
(ii)

(b) Whoever willfully violates any li­
cense, order, or regulation issued under this
title shall, upon conviction, be fined not
more than $50,000, or, if a natural person,
may be imprisoned for not more than ten
years, or both; and any officer, director, or
agent of any corporation who knowingly
participates in such violation may be pun­
ished by a like fine, imprisonment, or
both.
B.

business entity;
(b)

Any profits or income derived from shares of

stock;
(c) Any bonds, debentures, notes or other
funded obligations of any business or nonbusiness
entity;
(d) Any other outstanding securities of any busi­
ness or nonbusiness entity; or
(e) Any other right or claim with respect to any
trust or similar organization.

DEFINITIONS

5.

Iran; Iranian entity.
(a)

The term "Iran" and "Iranian entity" includes:

The definitions below shall be used for the pur­
pose of reporting on Form TFR-615. Any reference to
"the Regulations" in these instructions or in Form TFR615 shall refer to the Iranian Assets Control Regulations
(31 CFR Part 535), and any term not defined in these
instructions shall have the meaning ascribed to it in the
Regulations.

(1) The State and the Government of Iran as
well as any political subdivision, agency or instrumental­
ity thereof or any territory, dependency, colony, pro­
tectorate, mandate, dominion, possession or place sub­
ject to the jurisdiction thereof;

1.

Iran);

(2)

Person.

(3) Any partnership, association, corporation
or other organization substantially owned or controlled
by any of the foregoing;

An individual, partnership, association, corpora­
tion or other organization.
2. Person subject to the jurisdiction of the United
States.

(4) Any person to the extent that such person is
or has been, or to the extent that there is reasonable
cause to believe that such person is or has been, since the
effective date, acting or purporting to act, directly or in­
directly, on behalf of any of the foregoing;

The term "person subject to the jurisdiction of
the United States" includes:
(a) Any person wheresoever located who is a
citizen or resident of the United States;
(b)
States;

Any person actually within the

The Central Bank of Iran (Bank Markazi

(5) Any territory which on or since the effective
date is controlled or occupied by the military, naval or
police forces or other authority of Iran; and

United

(6) Any other person or organization determined
by the Secretary of the Treasury to be included within
paragraph (a) hereof.

(c) Any corporation organized under the laws
of the United States or of any state, territory, pos­
session ordistrict of the United States; and

(b) A person specified in paragraph (a)(3) of this
section shall not be deemed to fall within the definition
of Iran solely by reason of being located in, organized
under the laws of, or having its principal place of busi­
ness in, Iran.

(d)
Any partnership, association, corporation
or other organization wheresoever organized or doing
business
which is owned or controlled by persons
specified in (a), (b), or (c) above.
3.

»

Successor.
A person who succeeds to the ownership or custody
of blocked property by operation of law, such as a
trustee in bankruptcy, administrator, etc., or by change
in organization, such as by merger, dissolution or ac­
quisition.
4.

6.

The terms "property" or "property interests"
shall, for purposes of reporting on Form TFR-615,
include, but not be limited to, money, checks, drafts,
bullion, bank deposits, savings accounts, any debts,
indebtedness obligations, notes, debentures, stocks,
bonds, coupons, any other financial securities, bankers'
acceptances, mortgages, pledges, liens or other rights in
the nature of security, warehouse receipts, bills of lad­
ing, trust receipts, bills of sale, any other evidence of
title, ownership or indebtedness, powers of attorney.

Financial interest.

Any right or claim to ownership or control, or parti­
cipation in ownership or control, or other financial
interest as follows:
(a)

Property; property interests.

Any shares of stock of any business or non­
(ill)

Examples o f p ro p e rty types

Part I—General Instructions.—
Continued
B. Definitions.—
Continued
6. Property; property interests. -Continued

Letters o f c re d it............................................... Available am ount.
Royalties, gas and o i l ..................................... C apitalized value.
Securities............................................................ M arket or estim ated
value.

goods, wares, merchandise, chattels, stocks on hand,
ships, goods on ships, real estate mortgages, deeds of
trust, vendors' sales agreements, land contracts, real
estate and any interest therein, leaseholds, ground rents,
options, negotiable instruments, letters of credit, trade
acceptances, royalties, book accounts, accounts pay­
able, judgments, patents, trademarks, copyrights, con­
tracts or licenses affecting or involving patents, trade­
marks or copyrights, insurance policies, safe deposit
boxes and their contents, annuities, pooling agreements,
contracts of any nature whatsoever, and any other
property, real, personal or mixed, tangible or intangible,
or interest or interests therein, present, future or con­
tingent.
7.

All amounts reported should be given in dollars to the
nearest dollar.
2.

3.

Market or estimated values.

Where market or estimated value is required, enter the
market price at the close of business on March 31,1980,
or, if such price is not available, the estimated value on
that date. In estimating value, the last sale price or bid,
if reasonably close to March 31, 1980, may be used as
a basis.

Interest.

4.
VALUATION PRINCIPLES

Value expressed in foreign currency.

Property valued in a foreign currency, or which is to
be paid or liquidated in a foreign currency, shall be
valued in dollars if dollar market value exists for such
property itself. If dollar market value does not exist,
the foreign currency value thereof shall be converted in­
to dollar value in accordance with the latest rate next
before March 31, 1980, as generally quoted by foreign
exchange dealers or other recognized sources of informa­
tion. In no case shall a value expressed in a foreign
currency be entered in the report, but the fact that
property was originally valued in a foreign currency
should be indicated in Part C.

1. Where valuation is called for, the following table
may be used as a guide.
Examples o f p ro p e rty types

Valuation date.

Values shall be given as of the close of business on
March 31, 1980.

Any interest of any nature whatsoever, direct or in­
direct.
C.

Principle

Principle

Checks, drafts, acceptances and notes . . Face or estimated
value.
C om m odities, including gold and other
m e ta ls ............................................................ M arket value.
Currency and c o i n ........................................ Face value.
Debts, claims and d e m a n d s ........................Face dr estimated
value.
Deposits and cash balances........................... Balance o f the ac­
count.
Foreign exchange f u t u r e s ........................... D ifference between

5.

m arket price of
currency and

Property, of indeterminable value.

In reporting property of indeterminable value, enter
"IN " in the space opposite the appropriate property
type and describe the property briefly in Part C. When
both property of determinable value and property of
indeterminable value are to be reported under any one
property type, only the determinable value should be
reported. However, in response to Part C, both kinds
of property should be described and the property of
indeterminable value should be so described.

price specified
in contract.
Franchises and co n ce ssio n s........................M arket o r estim ated
value.
Goods, merchandise and other personal
p ro p e rty ......................................................... M a rket or estimated
value.
Land, buildings and mortgages on real
e s t a t e .............................................................M a rke t or estimated
value.

iv

«

PART II—
SPECIFIC INSTRUCTIONS
Part A.

Lines 5.-6.

INFORMATION CONCERNING IRANIAN
EN TITY WHOSE PROPERTY IS REPORTED.

Include equity and debt securities of all types, includ­
ing government securities, regardless of maturity. Do
not report securities on these lines if the Iranian entity
holds a 10 percent or greater interest in the equity
securities of the issuer; in that case, the Iranian entity's
holdings should be reported in line 7.

If more than one Iranian entity has an interest in
property required to be reported, a separate report shall
be made with respect to each such entity. The value of
the property reported in Part B of Form TFR-615 shall
be an amount equivalent to the pro rata share to which
the entity would be entitled. Each such report shall be
identified as a multiple report by entering in the box
marked "Multiple Report" on page one of Form TFR615 the total number of reports submitted with respect
to this property. The other entities with an interest in
this property shall be identified in line 6. of Part A.
Multiple reports should be filed together as a set.

Line 7.
"Direct investment" means a 10 percent or greater
interest in the equity of a U.S. business. Where the
Iranian entity's interest is represented by marketable
securities, report market value of all holdings, including
debt securities, in line 7. Where the Iranian entity's
interest is not represented by marketable securities,
report sum of the U.S. company's debt obligations to
the Iranian entity and the Iranian entity's share of the
equity of the business (as represented by the book value
of the business). Identify in Part C the U.S. firm and
percentage of Iranian ownership.

Line A4
Enter in boxes at right the ownership interests, ex­
pressed as percentages, in joint ventures, consortia,
corporations and other organizations, of (1) Iranian
entities, (2) U.S. nationals, and (3) other persons.
Part B.

SCHEDULE OF PROPERTY
TO BE REPORTED.

REQUIRED

Line 9.a.
Report market value of goods owned by Iranian
entities and intended for export to Iran.

IMPORTANT: Be sure that the same property is
not reported on more than one line.

Line 9.b.

Report the amount held on the effective date, 8:10
a.m., e.s.t., November 14, 1979, in column (1) and the
amount held on March 31, 1980, in column (2). If
property was acquired after the effective date, report
in column (1) the amount as of date of acquisition
and explain in line 14.

Report the value of other Iranian property in the
possession or control of a person subject to the juris­
diction of the United States; for example: an Iranian
vessel under charter; aircraft, machinery or equipment in
the United States for servicing; or furniture and office
equipment of the U.S. branch of an Iranian entity.

IMPORTANT: Be certain to report in column (1)
of Part B the full amount of any property held regardless
of any subsequent debit to the account or other licensed
transfer after the date of acquisition (see part B, line 14).
Be certain to report in column (2) the full amount of
any property held on March 31, 1980, notwithstanding
any set-off or other claim asserted against the property
(see Part D).

Line 10.
Report the outstanding amounts of commercial letters
of credit issued by U.S. banks in favor of the Iranian
entity.
Line 11.

Line 1.a.
Report the outstanding amounts of commercial letters
of credit confirmed by U.S. banks in favor of the Iranian
entity.

I nclude certificates of deposit.
Line 3.
This category generally includes commercial paper,
negotiable instruments and other obligations held for
the account of an Iranian entity not reportable in other
specific lines. Obligations of the holder would generally
not be reported in line 3. but in lines 1., 4., 5. and 6.

Line 12.
Report the amount available under any standby letter
of credit issued by a U.S. bank in favor of the Iranian
entity on line 12.a. If the account party has estab­
lished an account pursuant to Treasury license under
section 535.568 of the Regulations, report the amount
of this account on line 12.b.

Line 4.
This does not include deposits (line 1.) or debt securi­
ties (lines 5.-6.).
(v)

Part C.

Part E.

ADD ITIO N AL INFORMATION CONCERN­
ING PROPERTY ITEMS.

PERSON H O L D IN G PROPERTY.

Report the holder's name and address in lines 1. and

Line 1.

2.

Briefly describe the property the value of which has
been set forth in Part B. Breakdowns into specific
property items and detailed descriptions are unneces­
sary. Property may be described in some general but
reasonable manner. Tangible property should be more
thoroughly described than financial items, which are
more self-explanatory. Enter in the "Type" column
the appropriate line number from Part B indicating the
type of property.

If the holder is an individual, report social security
number in box at right.

PartD.

Each U.S. parent company should submit a list of all
foreign firms for which reports are or will be submitted
on a separate sheet filed with its first report for itself or
any such firm, as follows:

If holder is a business firm, report the holder's EIN
in block at right, unless the holder is a foreign firm
owned or controlled by a person subject to the juris­
diction of the United States. In that case, assign a oneletter code to each owned or controlled foreign firm and
report U.S. parent company's EIN and foreign firm's
code letter in blocks marked EIN and FFC (foreign
firm code), respectively.

ADVERSE CLAIMS.

Line 1. (a. through e.)
Report on as many lines as apply. If a line applies
but amount is indeterminate, write " IN " in space pro­
vided. Report only claims that are specific to the asset
reported, such as a lien or set-off. Do not report other
claims that the holder may have against the Iranian
entity for which the property is reported or against
other Iranian entities. Use Form TFR-616 for this pur­
pose.

Holder
XY Z
XYZ
XYZ
XY Z

Bank (parent)
Bank, London subsidiary
Bank, Paris branch
Bank, Brussels branch

PartF.

Report amount of property subject to writs of
attachment. Do not submit detailed information or
material on attachment suits, such as court orders or
other documents.

E IN Code
123-45-6789
123-45-6789
123-45-6789
123-45-6789

FFC Code
A
B
C

CERTIFICATION.

Be certain not to omit the required certification in
Part F.

REPORT NOT V A L ID W ITHOUT CERTIFICATION

(vi)

I
(OMB Clearance N o t Required)

Form TFR-615

CENSUS OF BLOCKED IR A N IA N ASSETS
Office of Foreign Assets Control
Unit 615
Department of the Treasury
Washington, D.C. 20220

Multiple Report

DEADLINE:

[~T~l

M

This form is to be completed and returned to the above address by May 15, 1980.

Form TFR-615 is to be used by all persons required to file reports pursuant to section 535.615 of Title 31 of
the Code of Federal Regulations. BEFORE PREPARING THIS REPORT READ THE INSTRUCTIONS CARE­
FULLY. All information reported will be regarded as privileged and confidential. For assistance, call (202)
376-0968 or 376-0969.

To the Secretary of the Treasury:
The undersigned, pursuant to section 535.615 of Title 31 of the Code of Federal Regulations, hereby makes
the following report:

Part A —
INFORMATION CONCERNING IRANIAN EN TITY WHOSE PROPERTY IS REPORTED (See instructions
for Part A.)

Name.
Any variant name.
2.

Add ress________
IStreet)

Iran

□

I

U.S.A.D u
Other □

(C ity)

0

(check one)
(State o r foreign c o u n try )

3.

Place of incorporation or principal place of business.................................................................

3.

Iran □
U.S.A.□
Other D

I
U
O

(check one)

4.

4.

Ownership interests in entity..

%

J I
Iran
L
] %U
U.S.A. C
Other I 1 I jI %0
(enter %)

Page 1

I
Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
5.

Type of entity:
a.

Iranian Government or any agency or instrumentality thereof, excluding
diplomatic and consular missions........................................................................

□

I

b.

Iranian diplomatic and consular m ission...........................................................

□

D

c.

Iranian Central Bank (Bank Markazi Ir a n ) .........................................................

□

M

d.

Iranian commercial b a n k .....................................................................................

□

B

e.

Other Iranian corporation

..................................................................................

□

C

f.

Consortium or joint v en tu re...............................................................................

□

J

g.

Unincorporated association ...............................................................................

□

U

□

0

h.

6.
Joint interests: List other Iranian entities with an interest in property reported (applies only to multiple re­
ports (box M on page 1)) ___________________ .__________________________________________________________

Continue with Part B on next page.

Page 2

1

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part B-SCHEDULE OF PROPERTY REQUIRED TO BE REPORTED (See instructions for individual lines.)
(E nter value in whole dollars)

(I)
O riginal
Am ount

Type

1.

Deposits
a. Time

(2)
Am ount
3 /3 1 /8 0

............................................................................................................................................................................

D em an d .............................................................................

........................................ ........................................

2
.

Bullion, currency and c o in ......................................................

........................................ ........................................

3.

Notes, checks, drafts, acceptances, commercial paper, etc. .

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

4.

D eb ts .........................................................................................

........................................ ........................................

5.

Financial securities payable in dollars....................................

........................................ ........................................

6.

Financial securities payable in other currencies.....................

........................................ ........................................

7.

Direct investment in U.S. businesses......................................

........................................ ........................................

8.

Real estate ...............................................................................

........................................ .........................................

9.

Personal property
a. Goods consigned to Ira n ...................................................

........................................ ........................................

b.

........................................ ........................................

b.

O th e r..................................................................................

10.

Commercial letters of credit issued by U.S. banks............... ..........................................................................................

11.

Commercial letters of credit confirmed by U.S. banks . . . .

12.

Standby letters of credit

____________________ ____________________

a.
b.
13.

Amount of credit.............................................................................................................. ........................................
Amount of section 535.568 account

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

Miscellaneous.............................................................................

........................................ .........................................

TOTAL (1. through 1 3 . ) ---------------------------------------------------------------------14. If amount in column ( ) differs from amount in column (1) for any line above, explain increase or decrease by
2
checking the appropriate box:
a. General license 535.508 ................................................................................................................................. EH A
b. General license 535.531 .................................................................................................................................

I~1 B

c.

D

General license 535.532 .................................................................................................................................

^

d. General license 535.566 .................................................................................................................................

D ^

e.

General license 535.902 .................................................................................................................................

CH E

f.

Specific license (give license number)______________________________________________________ CD F

g.

Other (explain)________________________________________________________________________ _

Page 3

dl U

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part C—
ADD ITIO N AL DESCRIPTION OF PROPERTY ITEMS
Type

B rief Description o f P roperty

Part D -A D VERSE CLAIMS AGAINST PROPERTY REPORTED
Type

A m ount

a.

A

h

Lien

.......................................................

L

c,

Set-off .....................................................

S

d

Disputed liability

.................................

D

e.

2.

Attachment..............................................

Title dispute............................................

T

Indicate at right the citizenship of the adverse claim ant................................. ............................

Iran □

'

U.S.A.

□

u

Other

□

o

(check one)

3.

Is the holder an adverse claimant?......................................................................................................

Yes

Q Y

No

□

N

(check one)
Page 4

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part E-PERSON HOLDING PROPERTY (see instructions)
EIN/SSN

1.

Name_________________________________________________________

2.

Address________________________________________________________

I I I I I I I TT~I

FFCD

(Street)
(C ity)
(State o r foreign co u n try)

3.
4.

Type of holder

D

If owned or controlled firm is located in Iran, check b o x ......................................

I

(check one)

Bank ...............................................................................................................................................................

□

B

Broker or securities d e a le r...........................................................................................................................

0

S

Oil company or oilfield services c om pan y.................................................................................................

[~~| Q

Defense-related industry ..............................................................................................................................

Q D

Construction company

................................................................................................................................

Q C

Other business f ir m ........................................................................................................................................

[] T

Individual.......................................................................................................................................................

Q

U.S. Government agen cy...........................................................................................................................

CD G

Other (explain)________________________________________________________________________ _

Q U

|

(Submit list of owned or controlled foreign firms per instructions)
Part F—
CERTIFICATION (see instructions)
I,_______________________________________________________________________________ , certify that I am
(Type o r p r in t name)

the.
(State relationship o f signatory to holder, e.g., treasurer, h older ( if an individual))

of the______________________________________________________________________________________ _________ ,
(Name o f holder)

that I am authorized to make this certification, and that, to the best of my knowledge and belief, the statements set
forth in this report, including any papers attached hereto or filed herewith, are true and accurate, and that all
material facts in connection with said report have been set forth herein.
(Date)

(Signature)

Address ------

(Street)

(C ity

(State)

Person to contact regarding this report:
(name)

(telephone number)
Page 5

(over)

Census of Blocked Iranian Assets.—(Form TFR-615)—Continued
PENALTIES:

Attention is directed to 18 U.S.C. section 1001, which provides:

"Whoever, in any matter within the jurisdiction of any department or agency of the
United States, knowingly and willfully falsifies, conceals or covers up by any trick, scheme, or
device a material fact, or makes any false, fictitious or fraudulent statements or representa­
tions, or makes or issues any false writing or document knowing the same to contain any false,
fictitious or fraudulent statement or entry, shall be fined not more than $10,000 or imprison­
ed not more than five years, or both."
Attention is also directed to 50 U.S.C. section 1705 which provides:
"(a) A civil penalty of not to exceed $10,000 may be imposed on any person who
violates any license, order, or regulation issued under this title.
(b) Whoever willfully violates any license, order, or regulation issued under this title
shall, upon conviction, be fined not more than $50,000, or, if a natural person, may be im­
prisoned for not more than ten years, or both, and any officer, director, or agent of any cor­
poration who knowingly participates in such violation may be punished by a like fine, im­
prisonment, or both."

Page 6

(OMB Clearance N o t Required)

Form TFR-615

CENSUS OF BLOCKED IRANIAN ASSETS
Office of Foreign Assets Control
Unit 615
Department of the Treasury
Washington, D.C. 20220

Multiple Report r (' )

DEADLINE:

M

This form is to be completed and returned to the above address by May 15, 1980.

Form TFR-615 is to be used by all persons required to file reports pursuant to section 535.615 of Title 31 of
the Code of Federal Regulations. BEFORE PREPARING THIS REPORT READ THE INSTRUCTIONS CARE­
FULLY. All information reported will be regarded as privileged and confidential. For assistance, call (202)
376-0968 or 376-0969.

To the Secretary of the Treasury:
The undersigned, pursuant to section 535.615 of Title 31 of the Code of Federal Regulations, hereby makes
the following report:

Part A —INFORMATION CONCERNING IRANIAN EN TITY WHOSE PROPERTY IS REPORTED (See instructions
for Part A.)

Name.
Any variant name.

2

Iran 0 I
U .S .A O U
Other □
0

Add ress________
(Street)
(C ity)

(check one)
(State o r foreign co u n try)

3.

Place of incorporation or principal place of business.................................................................

3.

Iran CD I
U.S.A □ U
Other □ 0
(check one)

4.

4.

Ownership interests in entity.

Iran
U.S.A.
Other

D %l
TT %U
%0
(enter %)

Page 1

Census of Blocked Iranian Assets.-(Form TFR-615)—
Continued
5.

Type of entity:
a.

Iranian Government or any agency or instrumentality thereof, excluding
diplomatic and consular missions........................................................................

CD

I

b.

Iranian diplomatic and consular m ission............................................................

CD

D

c.

Iranian Central Bank (Bank Markazi Ir a n ) ..........................................................

CD

M

d.

Iranian commercial b a n k ......................................................................................

Q

B

e.

Other Iranian corporation

CD

C

f.

Consortium or joint v en tu re ................................................................................

Q

J

g.

Unincorporated association .................................................................................

Q

U

h.

O th e r.......................................................................................................................

CD

0

...................................................................................

6.
Joint interests: List other Iranian entities with an interest in property reported (applies only to multiple re­
ports (box M on page 1 ) ) _______________________________________________________________________________

Continue with Part B on next page.

Page 2

Census of Blocked Iranian Asiets.-(Form TFR-615)—
Continued
Part B-SCHEDULE OF PROPERTY REQUIRED TO BE REPORTED (See instructions for individual lines.)
(E nter value in whole dollars)

( 1)
Type

1.

Deposits
a. Time
b.

O riginal
Am ount

(2)
Am ount
3 /3 1 /8 0

.................................................................................. .........................................................................................

D em an d ......................................................................................................................................................................

2.

Bullion, currency and c o in ...............................................................................................................................................

3.

Notes, checks, drafts, acceptances, commercial paper, etc. ----------------------------------------------------------------------------

4.

D ebts..........................................................................................

........................................ ........................................

5.

Financial securities payable in dollars....................................

........................................ ........................................

6.

Financial securities payable in other currencies.....................

........................................ ........................................

7.

Direct investment in U.S. businesses......................................

........................................ ........................................

8.

Real estate ...............................................................................

9.

Personal property
a. Goods consigned to I ran...................................................

........................................ ........................................

b.

........................................ ........................................

O th e r..................................................................................

-

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

10.

Commercial letters of credit issued by U.S. banks............... .........................................................................................

11.

Commercial letters of credit confirmed by U.S. banks . . . .

12.

Standby letters of credit
a.
b.

13.

Amount of credit................................................................
Amount of section 535.568 a

c

c

o

u

n

Miscellaneous.............................................................................

_____________________ _____________________

........................................ ........................................
t ---------------------------------------------------------------------........................................ .........................................

TOTAL (1. through 1 3 . ) ---------------------------------------------------------------------14. If amount in column (2) differs from amount in column (1) for any line above, explain increase or decrease by
checking the appropriate box:
a. General license 535.508 ................................................................................................................................. D A
b. General license 535.531 .................................................................................................................................

Q

B

c.

General license 535.532 .................................................................................................................................

O C

d. General license 535.566 .................................................................................................................................

Q D

e.

General license 535.902 .................................................................................................................................

D

f.

Specific license (give license number)------------------------------------------------------------------------------- -

D F

g.

Other (explain)_______________________________ _________________________________________ _

0

E

U

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part C—
ADD ITIO N AL DESCRIPTION OF PROPERTY ITEMS
Type

B rief Description o f Property

Part D -A D VERSE CLAIMS AGAINST PROPERTY REPORTED
Type

Am ount

a.

A

h,

Lien

.............................................................

L

c

Set-off ...........................................................

S

rl

Disputed liability

D

e.

2.

Attachment.....................................................

Title dispute..................................................

........................................

T

Indicate at right the citizenship of the adverse claim ant................................. ............................

Iran Q

1

U.S.A.

□

U

Other

□

0

fcheck on*)

3.

Yes

D

Y

No

Is the holder an adverse claimant?......................................... .. ..........................................................

□

N

fcheck one)
Page 4

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part E—
PERSON HOLDING PROPERTY (see instructions)
1

2.

FIN/RRN

N am p

ffc

Address

1i iirrrrn
D

(Street)
(C ity)
(State o r foreign co u n try)

3.

If owned or controlled firm is located in Iran, check box . . . .

4.

Type of holder

□

i

(check one)
...

Oil company or oilfield services com pany.................................

.. .

B

□

Broker or securities d e a le r...........................................................

D

S

n o
D

•••

□

c

•••

Q T

■

□

1

□
Other (explain)

d

G

n u

(Submit list of owned or controlled foreign firms per instructions)
Part F—
CERTIFICATION (see instructions)
1
,

, certify that 1 am
(Type o r p r in t name)

the
(State relationship o f signatory to holder, e.g., treasurer, h older ( if an in dividual))

of the
(Name o f holder)

that I am authorized to make this certification, and that, to the best of my knowledge and belief, the statements set
forth in this report, including any papers attached hereto or filed herewith, are true and accurate, and that all
material facts in connection with said report have been set forth herein.
(Signature)

(Date)

Address ------

(Street)

(C ity

(State)

Person to contact regarding this report
(name)

(telephone number)
Page 5

(over)

Census of Blocked Iranian Assets.—(Form TFR-615)-Continued
PENALTIES:

Attention is directed to 18 U.S.C. section 1001, which provides:

"Whoever, in any matter within the jurisdiction of any department or agency of the
United States, knowingly and willfully falsifies, conceals or covers up by any trick, scheme, or
device a material fact, or makes any false, fictitious or fraudulent statements or representa­
tions, or makes or issues any false writing or document knowing the same to contain any false,
fictitious or fraudulent statement or entry, shall be fined not more than $10,000 or imprison­
ed not more than five years, or both."
Attention is also directed to 50 U.S.C. section 1705 which provides:
"(a) A civil penalty of not to exceed $10,000 may be imposed onany
violates any license, order, or regulation issued under this title.

person who

(b) Whoever willfully violates any license, order, or regulationissuedunder this title
shall, upon conviction, be fined not more than $50,000, or, if a natural person, may be im­
prisoned for not more than ten years, or both, and any officer, director, or agent of any cor­
poration who knowingly participates in such violation may be punished by a like fine, im­
prisonment, or both."

Page 6

(OMB Clearance N o t Required)

Form TFR-615

CENSUS OF BLOCKED IR A N IA N ASSETS
Office of Foreign Assets Control
Unit 615
Department of the Treasury
Washington, D.C. 20220

Multiple Report I I I

DEADLINE:

M

This form is to be completed and returned to the above address by May 15, 1980.

Form TFR-615 is to be used by all persons required to file reports pursuant to section 535.615 of Title 31 of
the Code of Federal Regulations. BEFORE PREPARING THIS REPORT READ THE INSTRUCTIONS CARE­
FULLY. All information reported will be regarded as privileged and confidential. For assistance, call (202)
376-0968 or 376-0969.

To the Secretary of the Treasury:
The undersigned, pursuant to section 535.615 of Title 31 of the Code of Federal Regulations, hereby makes
the following report:

Part A —
INFORMATION CONCERNING IRANIAN EN TITY WHOSE PROPERTY IS REPORTED (See instructions
for Part A.)

1.

Name.
Any variant name.

2.

Add ress________

2.
(Street)
(C ity)

Iran Q I
U.S.A.□
U
Other □ O
(check one)

(State o r foreign co u n try )

3.

Place of incorporation or principal place of business.................................................................

3.

Iran Q I
U .S .A .D U
Other □ O
(check one)

4.

Ownership interests in entity...............................................................................................

iran
1111 ^ 1
u .s.a. r m
%U
Other I I I I % O
(enter %)

Page 1

Census of Blocked Iranian Assets.—(Form TFR-615)—Continued
5.

Type of entity:
a.

Iranian Government or any agency or instrumentality thereof, excluding
diplomatic and consular missions........................................................................

Q

I

b.

Iranian diplomatic and consular m ission............................................................

Q

D

c.

Iranian Central Bank (Bank Markazi Ir a n ) .........................................................

O

M

d.

Iranian commercial b a n k ......................................................................................

□

B

e.

Other Iranian corporation ...................................................................................

D

C

f.

Consortium or joint ven ture................................................................................

□

J

g.

Unincorporated association

................................................................................

Q

U

h.

O th e r.......................................................................................................................

Q

0

6.
Joint interests: List other Iranian entities with an interest in property reported (applies only to multiple re­
ports (box M on page 1))

Continue with Part B on next page.

Page 2

Cenius of Blocked Iranian Assets.—(Form TFR-615)—Continued
Part B—
SCHEDULE OF PROPERTY REQUIRED TO BE REPORTED (See instructions for individual lines.)
(Enter value in whole dollars)
(1)
Type

1.

Deposits
a. Time
b.

O riginal
Am ount

(2)
Am ount
3 /3 1 /8 0

............................................................................................................................................................................

D em a n d ......................................................................................................................................................................

2
.

Bullion, currency and c o in ...............................................................................................................................................

3.

Notes, checks, drafts, acceptances, commercial paper, etc. .

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

4.

D ebts..........................................................................................

.......... - -------------------------

5.

Financial securities payable in dollars....................................

........................................ ........................................

6.

Financial securities payable in other currencies....................

........................................ ........................................

7.

Direct investment in U.S. businesses......................................

........................................ ........................................

8.

Real estate ............................................................................... ................................................................................................

9.

Personal property
a. Goods consigned to I ran...................................................

........................................ ........................................

b.

........................................ ........................................

O th e r..................................................................................

10.

Commercial letters of credit issued by U.S. banks............... ..........................................................................................

11.

Commercial letters of credit confirmed by U.S. banks . . . .

12.

Standby letters of credit

____________________

____________________

a.

........................................ ........................................

b.
13.

Amount of credit.............................................................
Amount of section 535.568 account

____________________ ____________________

Miscellaneous.............................................................................

........................................ .........................................

TOTAL (1. through 1 3 . ) _________________________________________
14. If amount in column ( ) differs from amount in column (1) for any line above, explain increase or decrease by
2
checking the appropriate box:
a. General license 535.508 ................................................................................................................................. CD A
b. General license 535.531 .................................................................................................................................

CD B

c.

General license 535.532 .................................................................................................................................

CD C

d. General license 535.566 .................................................................................................................................

CD D

e.

General license 535.902 .................................................................................................................................

CD E

f.

Specific license (give license number).____ _________________________________________________ CD

g.

Other (explain)________________________________________ ________________________________ CD U

Page 3

F

Census of Blocked Iranian Assets.-(Form TFR-615)—
Continued
Part C -A D D IT IO N A L DESCRIPTION OF PROPERTY ITEMS
Type

B rief D escription o f P roperty

Part D -A D VERSE CLAIMS AGAINST PROPERTY REPORTED
Type

Am ount

a.

A

b.

Lien

.......................................................

L

c.

Set-off .....................................................

s

d.

Disputed liability

.................................

D

e.

2.

Attachment..............................................

Title dispute............................................

T

Indicate at right the citizenship of the adverse claim ant................................. ............................

Iran □

'

U.S.A.

□

u

Other

□

0

(check one)

3.

Is the holder an adverse claimant?......................................................................................................

Yes

□

Y

No

O n
(check one)

Page 4

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part E-PERSON HOLDING PROPERTY (see instructions)
1.

Name________________________________________________________ -

2.

EIN/SSN

Address________________________________________________________

I I I I I I I T T ~)

FFCD

(StreetI

(City)
(State o r foreign co u n try)

3.

If owned or controlled firm is located inIran, check b o x ......................................

4.

Type of holder
Bank

D

I

[]

b

(check one)

..........................................................................................................................................................................

Broker or securities d e a le r...........................................................................................................................

O S

Oil company or oilfield services c o m p a n y ........................................................................................................

EDO

Defense-related industry

.............................................................................................................................

ED D

................................................................................................................................

ED C

Other business f ir m ........................................................................................................................................

ED T

Individual.......................................................................................................................................................

Q

U.S. Government agen cy..............................................................................................................................

[~ | G
~

_
Other (explain)_________________________________________________ , ______________________

ED U

Construction company

|

(Submit list of owned or controlled foreign firms per instructions)
Part F—
CERTIFICATION (see instructions)
I , ____________________________________________________________________________________

, certify that I am

(Type o r p r in t name)

th e.
(State relationship o f signatory to holder, e.g., treasurer, holder ( if an individual))

o f the_____________________________________________________________________________________________________ _
(Name o f holder)

that I am authorized to make this certification, and that, to the best of my knowledge and belief, the statements set
forth in this report, including any papers attached hereto or filed herewith, are true and accurate, and that all
material facts in connection with said report have been set forth herein.
(Date)

(Signature)

Address ------

(Street)

(C ity

(State)

Person to contact regarding this report:

(name)

(telephone number)
Page 5

(over)

Census of Blocked Iranian Assets.—(Form TFR-615)—Continued
PENALTIES:

Attention is directed to 18 U.S.C. section 1001, which provides:

"Whoever, in any matter within the jurisdiction of any department or agency of the
United States, knowingly and willfully falsifies, conceals or covers up by any trick, scheme, or
device a material fact, or makes any false, fictitious or fraudulent statements or representa­
tions, or makes or issues any false writing or document knowing the same to contain any false,
fictitious or fraudulent statement or entry, shall be fined not more than $10,000 or imprison­
ed not more than five years, or both."
Attention is also directed to 50 U.S.C. section 1705 which provides:
"(a) A civil penalty of not to exceed $10,000 may be imposed on any person who
violates any license, order, or regulation issued under this title.
(b)
Whoever willfully violates any license, order, or regulation issued under this title
shall, upon conviction, be fined not more than $50,000, or, if a natural person, may be im­
prisoned for not more than ten years, or both, and any officer, director, or agent of any cor­
poration who knowingly participates in such violation may be punished by a like fine, im­
prisonment, or both."

Page 6

CENSUS OF BLOCKED IR A N IA N ASSETS
INSTRUCTIONS FOR REPORTING ON FORM TFR-615
The Office of Foreign Assets Control, Department of the Treasury, under section 535.615 of the
Iranian Assets Control Regulations (31 CFR Part 535), is conducting a census of all blocked Iranian assets.
Reporting under the census is mandatory. Reports on Form TFR-615 are hereby required to be filed
on or before May 15, 1980, in the manner prescribed herein, by any holder of blocked Iranian assets who is
a person subject to the jurisdiction of the United States. The reporting requirement applies to any person
subject to the jurisdiction of the United States who had in his possession or control, between 8:10 a.m.,
e.s.t., November 14,1979,and March 31,1980, any property in which the Government of Iran, its agencies,
instrumentalities or controlled entities, or the Central Bank of Iran had any direct or indirect interest of
any kind whatsoever. The information to be reported is needed by the United States Government for
planning purposes and to monitor compliance with the Regulations.
Each question on the form must be answered and all the specific information called for must be
given. When there is nothing to report under any question, or if information is lacking, state "No," "None,"
or "Unknown," as the case may be. If the space provided on the form for answers should prove inadequate,
the answer may be made or continued on a blank sheet of paper securely attached to the form. No person
is excused from furnishing any information he reasonably should have furnished.
DEADLINE:

May 15, 1980.

No extensions will be granted.

This form is to be completed in triplicate and two copies are to be returned in a set to Unit 615,
Office of Foreign Assets Control, Washington, D.C. 20220 by the May 15,1980 deadline.
Observance of the filing deadline is extremely important.
FOR FURTHER INFORMATION CONTACT:

Unit 615, (202) 376-0968 or 376-0969.

PART I —G ENERAL INSTRUCTIONS
A.

REPORTING REQUIREMENTS

TFR-615 for itself and any such foreign firm(s). The
parent firm must certify any report for an owned or
controled firm in Part F.

1. Who must report.
a. Any person subject to the jurisdiction of the United
States (or his successor) who on November 14, 1979, or
any subsequent date up to and including March 31,
1980, had in his custody, control or possession, directly
or indirectly, in trust or otherwise, property in which
there was, as of such date, any direct or indirect interest
of the Government of Iran, its instrumentalities or con­
trolled entities, or the Central Bank of Iran, with respect
to any such property, whether or not such property con­
tinued to be held by that person on March 31, 1980. If
a U.S. parent company or any foreign firm(s) which it
owns or controls are subject to the reporting require­
ments, the U.S. parent company must submit Form

b. All business or nonbusiness entities in the United
States in which an Iranian entity held any financial
interest on November 14, 1979, or on any subsequent
date up to and including March 31,1980.
c. In general, the following persons subject to the
jurisdiction of the United States who held, between
8:10 a.m., e.s.t., November 14, 1979, and March 31,
1980, property in which Iran or an Iranian entity had
any interest, will have reporting obligations:
(1)
All banks within the United States, including
U.S. subsidiaries, branches and agencies of foreign banks
(i)

report may be filed on behalf of a holder by an attorney,
agent or other person. However, the pertinent informa­
tion regarding the person holding the property must be
included in Part E. No person is excused from filing
Form TFR-615 by reason of the fact that another per­
son has submitted a report with regard to the same
property, unless he has actual knowledge that the other
person has filed a report with respect to the property
as full and complete as that which such person would
otherwise be required to file.

Part I-General Instructions.-Continued
A. Reporting Requirements—Continued
1.
Who must report.—
Continued
which held deposits or other property;
(2) Foreign subsidiaries, branches and agencies
of U.S. banks which held deposits or other property;
(3) Foreign branches and agencies of U.S. sub­
sidiaries of foreign banks which held deposits or other
property;
(4) All banks, brokers, dealers or other custo­
dians (including their foreign branches and subsidiaries)
which held securities or other property;

4.

Copies of Form TFR-615 with reporting instructions
have been distributed through the Federal Reserve Sys­
tem to all member banks. Other persons required to re­
port or otherwise interested in obtaining copies of Form
TFR-615 and the reporting instructions may do so by
applying to the Office of Foreign Assets Control, Unit
615, Department of the Treasury, Washington, D.C.
20220, or to the nearest Federal Reserve bank.

(5) Nonbanking business enterprises and other
entities subject to the jurisdiction of the United States,
including the foreign branches and subsidiaries of such
enterprises and entities, which had commercial or fi­
nancial liabilities to Iranian entities or which had in their
possession or control other property in which Iranian
entities have any interest; and
(6) All U.S. persons not otherwise defined who
act as agents for any Iranian entity with property in the
United States, including U.S. Government agencies
which are custodians of property of an Iranian entity.

2.

5.

Filing Form TFR-615.

Reports on Form TFR-615 shall be prepared in
triplicate. On or before May 15, 1980, two copies shall
be sent in a set to Unit 615, Office of Foreign Assets
Control, Department of the Treasury, Washington, D.C.
20220. Retain a copy for your records.

What must be reported.

a. Property subject to the jurisdiction of the United
States or in the possession of or control of persons sub­
ject to the jurisdiction of the United States, in which
Iran or an Iranian entity had any interest of any nature
whatsoever between 8:10 a.m., e.s.t., November 14,
1979, and March 31, 1980. A separate Form TFR-615
must be filed with respect to each blocked account
held by the holder.
b.

Obtaining Form TFR-615.

6.

Certification.

Every report filed on Form TFR-615 must be certi­
fied in Part F of the form. Failure to complete the certi­
fication shall render the report ineffective, and the sub­
mission of such a report shall not constitute compliance
with the reporting requirements of section 535.615 of
the Regulations.

The following property should not be reported:

7.

(1) Property of an individual Iranian national or
of an Iranian company not owned or controlled by the
Government of Iran.

Confidentiality of reports.

Reports filed on Form TFR-615 are regarded as
privileged and confidential.

(2) Patents, trademarks, copyrights and inven­
tions, but this exemption shall not constitute a waiver
of any reporting requirement with respect to royalties
due and unpaid.

8.

Penalties.

Reporting on Form TFR-615 is mandatory under
section 535.615 of the Iranian Assets Control Regula­
tions for persons who are subject to the reporting re­
quirements. In this regard, section 206 of the Inter­
national Emergency Economic Powers Act provides
as follows:

3.

Primary responsibility for reporting.
Primary responsibility for reporting any property
rests on the actual holder of the property with the
following exceptions:
primary responsibility for re­
porting any asset held by a foreign firm owned or con­
trolled by a person subject to the jurisdiction of the
United States is on the U.S. parent, and primary respon­
sibility for reporting any trust is on the trustee. A

Penalties
Sec. 206. (a) A civil penalty of not
to exceed $10,000 may be imposed on any
person who violates any license, order, or
regulation issued under this title.
(ii)

(b)
Whoever willfully violates any li­
cense, order, or regulation issued under this
title shall, upon conviction, be fined not
more than $50,000, or, if a natural person,
may be imprisoned for not more than ten
years, or both; and any officer, director, or
agent of any corporation who knowingly
participates in such violation may be pun­
ished by a like fine, imprisonment, or
both.
B.

business entity;
(b)

Any profits or income derived from shares of

stock;
(c) Any bonds, debentures, notes or other
funded obligations of any business or nonbusiness
entity;
(d) Any other outstanding securities of any busi­
ness or nonbusiness entity; or
(e) Any other right or claim with respect to any
trust or similar organization.

DEFINITIONS

5.

Iran; Iranian entity.
(a)

The term "Iran" and "Iranian entity" includes:

The definitions below shall be used for the pur­
pose of reporting on Form TFR-615. Any reference to
"the Regulations" in these instructions or in Form TFR615 shall refer to the Iranian Assets Control Regulations
(31 CFR Part 535), and any term not defined in these
instructions shall have the meaning ascribed to it in the
Regulations.

(1) The State and the Government of Iran as
well as any political subdivision, agency or instrumental­
ity thereof or any territory, dependency, colony, pro­
tectorate, mandate, dominion, possession or place sub­
ject to the jurisdiction thereof;

1.

Iran);

(2)

Person.

(3) Any partnership, association, corporation
or other organization substantially owned or controlled
by any of the foregoing;

An individual, partnership, association, corpora­
tion or other organization.
2. Person subject to the jurisdiction of the United
States.

(4) Any person to the extent that such person is
or has been, or to the extent that there is reasonable
cause to believe that such person is or has been, since the
effective date, acting or purporting to act, directly or in­
directly, on behalf of any of the foregoing;

The term "person subject to the jurisdiction of
the United States" includes:
(a) Any person wheresoever located who is a
citizen or resident of the United States;
(b)
States;

Any person actually within the

The Central Bank of Iran (Bank Markazi

(5) Any territory which on or since the effective
date is controlled or occupied by the military, naval or
police forces or other authority of Iran; and

United

(6) Any other person or organization determined
by the Secretary of the Treasury to be included within
paragraph (a) hereof.

(c) Any corporation organized under the laws
of the United States or of any state, territory, pos­
session ordistrict of the United States; and

(b) A person specified in paragraph (a)(3) of this
section shall not be deemed to fall within the definition
of Iran solely by reason of being located in, organized
under the laws of, or having its principal place of busi­
ness in, Iran.

(d)
Any partnership, association, corporation
or other organization wheresoever organized or doing
business
which is owned or controlled by persons
specified in (a), (b), or (c) above.
3.

»

Successor.
A person who succeeds to the ownership or custody
of blocked property by operation of law, such as a
trustee in bankruptcy, administrator, etc., or by change
in organization, such as by merger, dissolution or ac­
quisition.
4.

6.

The terms "property" or "property interests"
shall, for purposes of reporting on Form TFR-615,
include, but not be limited to, money, checks, drafts,
bullion, bank deposits, savings accounts, any debts,
indebtedness obligations, notes, debentures, stocks,
bonds, coupons, any other financial securities, bankers'
acceptances, mortgages, pledges, liens or other rights in
the nature of security, warehouse receipts, bills of lad­
ing, trust receipts, bills of sale, any other evidence of
title, ownership or indebtedness, powers of attorney.

Financial interest.

Any right or claim to ownership or control, or parti­
cipation in ownership or control, or other financial
interest as follows:
(a)

Property; property interests.

Any shares of stock of any business or non­
(ill)

Examples o f p ro p e rty types

Part I—General Instructions.—
Continued
B. Definitions.—
Continued
6. Property; property interests. -Continued

Letters o f c re d it............................................... Available am ount.
Royalties, gas and o i l ..................................... C apitalized value.
Securities............................................................ M arket or estim ated
value.

goods, wares, merchandise, chattels, stocks on hand,
ships, goods on ships, real estate mortgages, deeds of
trust, vendors' sales agreements, land contracts, real
estate and any interest therein, leaseholds, ground rents,
options, negotiable instruments, letters of credit, trade
acceptances, royalties, book accounts, accounts pay­
able, judgments, patents, trademarks, copyrights, con­
tracts or licenses affecting or involving patents, trade­
marks or copyrights, insurance policies, safe deposit
boxes and their contents, annuities, pooling agreements,
contracts of any nature whatsoever, and any other
property, real, personal or mixed, tangible or intangible,
or interest or interests therein, present, future or con­
tingent.
7.

All amounts reported should be given in dollars to the
nearest dollar.
2.

3.

Market or estimated values.

Where market or estimated value is required, enter the
market price at the close of business on March 31,1980,
or, if such price is not available, the estimated value on
that date. In estimating value, the last sale price or bid,
if reasonably close to March 31, 1980, may be used as
a basis.

Interest.

4.
VALUATION PRINCIPLES

Value expressed in foreign currency.

Property valued in a foreign currency, or which is to
be paid or liquidated in a foreign currency, shall be
valued in dollars if dollar market value exists for such
property itself. If dollar market value does not exist,
the foreign currency value thereof shall be converted in­
to dollar value in accordance with the latest rate next
before March 31, 1980, as generally quoted by foreign
exchange dealers or other recognized sources of informa­
tion. In no case shall a value expressed in a foreign
currency be entered in the report, but the fact that
property was originally valued in a foreign currency
should be indicated in Part C.

1. Where valuation is called for, the following table
may be used as a guide.
Examples o f p ro p e rty types

Valuation date.

Values shall be given as of the close of business on
March 31, 1980.

Any interest of any nature whatsoever, direct or in­
direct.
C.

Principle

Principle

Checks, drafts, acceptances and notes . . Face or estimated
value.
C om m odities, including gold and other
m e ta ls ............................................................ M arket value.
Currency and c o i n ........................................ Face value.
Debts, claims and d e m a n d s ........................Face dr estimated
value.
Deposits and cash balances........................... Balance o f the ac­
count.
Foreign exchange f u t u r e s ........................... D ifference between

5.

m arket price of
currency and

Property, of indeterminable value.

In reporting property of indeterminable value, enter
"IN " in the space opposite the appropriate property
type and describe the property briefly in Part C. When
both property of determinable value and property of
indeterminable value are to be reported under any one
property type, only the determinable value should be
reported. However, in response to Part C, both kinds
of property should be described and the property of
indeterminable value should be so described.

price specified
in contract.
Franchises and co n ce ssio n s........................M arket o r estim ated
value.
Goods, merchandise and other personal
p ro p e rty ......................................................... M a rket or estimated
value.
Land, buildings and mortgages on real
e s t a t e .............................................................M a rke t or estimated
value.

iv

«

PART II—
SPECIFIC INSTRUCTIONS
Part A.

Lines 5.-6.

INFORMATION CONCERNING IRANIAN
EN TITY WHOSE PROPERTY IS REPORTED.

Include equity and debt securities of all types, includ­
ing government securities, regardless of maturity. Do
not report securities on these lines if the Iranian entity
holds a 10 percent or greater interest in the equity
securities of the issuer; in that case, the Iranian entity's
holdings should be reported in line 7.

If more than one Iranian entity has an interest in
property required to be reported, a separate report shall
be made with respect to each such entity. The value of
the property reported in Part B of Form TFR-615 shall
be an amount equivalent to the pro rata share to which
the entity would be entitled. Each such report shall be
identified as a multiple report by entering in the box
marked "Multiple Report" on page one of Form TFR615 the total number of reports submitted with respect
to this property. The other entities with an interest in
this property shall be identified in line 6. of Part A.
Multiple reports should be filed together as a set.

Line 7.
"Direct investment" means a 10 percent or greater
interest in the equity of a U.S. business. Where the
Iranian entity's interest is represented by marketable
securities, report market value of all holdings, including
debt securities, in line 7. Where the Iranian entity's
interest is not represented by marketable securities,
report sum of the U.S. company's debt obligations to
the Iranian entity and the Iranian entity's share of the
equity of the business (as represented by the book value
of the business). Identify in Part C the U.S. firm and
percentage of Iranian ownership.

Line A4
Enter in boxes at right the ownership interests, ex­
pressed as percentages, in joint ventures, consortia,
corporations and other organizations, of (1) Iranian
entities, (2) U.S. nationals, and (3) other persons.
Part B.

SCHEDULE OF PROPERTY
TO BE REPORTED.

REQUIRED

Line 9.a.
Report market value of goods owned by Iranian
entities and intended for export to Iran.

IMPORTANT: Be sure that the same property is
not reported on more than one line.

Line 9.b.

Report the amount held on the effective date, 8:10
a.m., e.s.t., November 14, 1979, in column (1) and the
amount held on March 31, 1980, in column (2). If
property was acquired after the effective date, report
in column (1) the amount as of date of acquisition
and explain in line 14.

Report the value of other Iranian property in the
possession or control of a person subject to the juris­
diction of the United States; for example: an Iranian
vessel under charter; aircraft, machinery or equipment in
the United States for servicing; or furniture and office
equipment of the U.S. branch of an Iranian entity.

IMPORTANT: Be certain to report in column (1)
of Part B the full amount of any property held regardless
of any subsequent debit to the account or other licensed
transfer after the date of acquisition (see part B, line 14).
Be certain to report in column (2) the full amount of
any property held on March 31, 1980, notwithstanding
any set-off or other claim asserted against the property
(see Part D).

Line 10.
Report the outstanding amounts of commercial letters
of credit issued by U.S. banks in favor of the Iranian
entity.
Line 11.

Line 1.a.
Report the outstanding amounts of commercial letters
of credit confirmed by U.S. banks in favor of the Iranian
entity.

I nclude certificates of deposit.
Line 3.
This category generally includes commercial paper,
negotiable instruments and other obligations held for
the account of an Iranian entity not reportable in other
specific lines. Obligations of the holder would generally
not be reported in line 3. but in lines 1., 4., 5. and 6.

Line 12.
Report the amount available under any standby letter
of credit issued by a U.S. bank in favor of the Iranian
entity on line 12.a. If the account party has estab­
lished an account pursuant to Treasury license under
section 535.568 of the Regulations, report the amount
of this account on line 12.b.

Line 4.
This does not include deposits (line 1.) or debt securi­
ties (lines 5.-6.).
(v)

Part C.

Part E.

ADD ITIO N AL INFORMATION CONCERN­
ING PROPERTY ITEMS.

PERSON H O L D IN G PROPERTY.

Report the holder's name and address in lines 1. and

Line 1.

2.

Briefly describe the property the value of which has
been set forth in Part B. Breakdowns into specific
property items and detailed descriptions are unneces­
sary. Property may be described in some general but
reasonable manner. Tangible property should be more
thoroughly described than financial items, which are
more self-explanatory. Enter in the "Type" column
the appropriate line number from Part B indicating the
type of property.

If the holder is an individual, report social security
number in box at right.

PartD.

Each U.S. parent company should submit a list of all
foreign firms for which reports are or will be submitted
on a separate sheet filed with its first report for itself or
any such firm, as follows:

If holder is a business firm, report the holder's EIN
in block at right, unless the holder is a foreign firm
owned or controlled by a person subject to the juris­
diction of the United States. In that case, assign a oneletter code to each owned or controlled foreign firm and
report U.S. parent company's EIN and foreign firm's
code letter in blocks marked EIN and FFC (foreign
firm code), respectively.

ADVERSE CLAIMS.

Line 1. (a. through e.)
Report on as many lines as apply. If a line applies
but amount is indeterminate, write " IN " in space pro­
vided. Report only claims that are specific to the asset
reported, such as a lien or set-off. Do not report other
claims that the holder may have against the Iranian
entity for which the property is reported or against
other Iranian entities. Use Form TFR-616 for this pur­
pose.

Holder
XY Z
XYZ
XYZ
XY Z

Bank (parent)
Bank, London subsidiary
Bank, Paris branch
Bank, Brussels branch

PartF.

Report amount of property subject to writs of
attachment. Do not submit detailed information or
material on attachment suits, such as court orders or
other documents.

E IN Code
123-45-6789
123-45-6789
123-45-6789
123-45-6789

FFC Code
A
B
C

CERTIFICATION.

Be certain not to omit the required certification in
Part F.

REPORT NOT V A L ID W ITHOUT CERTIFICATION

(vi)

I
(OMB Clearance N o t Required)

Form TFR-615

CENSUS OF BLOCKED IR A N IA N ASSETS
Office of Foreign Assets Control
Unit 615
Department of the Treasury
Washington, D.C. 20220

Multiple Report

DEADLINE:

[~T~l

M

This form is to be completed and returned to the above address by May 15, 1980.

Form TFR-615 is to be used by all persons required to file reports pursuant to section 535.615 of Title 31 of
the Code of Federal Regulations. BEFORE PREPARING THIS REPORT READ THE INSTRUCTIONS CARE­
FULLY. All information reported will be regarded as privileged and confidential. For assistance, call (202)
376-0968 or 376-0969.

To the Secretary of the Treasury:
The undersigned, pursuant to section 535.615 of Title 31 of the Code of Federal Regulations, hereby makes
the following report:

Part A —
INFORMATION CONCERNING IRANIAN EN TITY WHOSE PROPERTY IS REPORTED (See instructions
for Part A.)

Name.
Any variant name.
2.

Add ress________
(Street)

Iran

□

I

U.S.A.D u
Other □

(C ity)

0

(check one)
(State o r foreign c o u n try )

3.

Place of incorporation or principal place of business.................................................................

3.

Iran □
U.S.A.□
Other D

I
U
O

(check one)

4.

4.

Ownership interests in entity..

%

J I
Iran
L
] %U
U.S.A. C
Other I 1 I jI %0
(enter %)

Page 1

I
Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
5.

Type of entity:
a.

Iranian Government or any agency or instrumentality thereof, excluding
diplomatic and consular missions........................................................................

□

I

b.

Iranian diplomatic and consular m ission...........................................................

□

D

c.

Iranian Central Bank (Bank Markazi Ir a n ) .........................................................

□

M

d.

Iranian commercial b a n k .....................................................................................

□

B

e.

Other Iranian corporation

..................................................................................

□

C

f.

Consortium or joint v en tu re...............................................................................

□

J

g.

Unincorporated association ...............................................................................

□

U

□

0

h.

6.
Joint interests: List other Iranian entities with an interest in property reported (applies only to multiple re­
ports (box M on page 1)) ___________________ .__________________________________________________________

Continue with Part B on next page.

Page 2

1

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part B-SCHEDULE OF PROPERTY REQUIRED TO BE REPORTED (See instructions for individual lines.)
(E nter value in whole dollars)

( 1)
Type

1.

Deposits
a. Time

O riginal
Am ount

(2)
Am ount
3 /3 1 /8 0

............................................................................................................................................................................

D em an d .............................................................................

........................................ ........................................

2
.

Bullion, currency and c o in ......................................................

........................................ ........................................

3.

Notes, checks, drafts, acceptances, commercial paper, etc. .

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

4.

D eb ts .........................................................................................

........................................ ........................................

5.

Financial securities payable in dollars....................................

........................................ ........................................

6.

Financial securities payable in other currencies.....................

........................................ ........................................

7.

Direct investment in U.S. businesses......................................

........................................ ........................................

8.

Real estate ...............................................................................

........................................ .........................................

9.

Personal property
a. Goods consigned to Ira n ...................................................

........................................ ........................................

b.

........................................ ........................................

b.

O th e r..................................................................................

10.

Commercial letters of credit issued by U.S. banks............... ..........................................................................................

11.

Commercial letters of credit confirmed by U.S. banks . . . .

12.

Standby letters of credit

____________________ ____________________

a.
b.
13.

Amount of credit.............................................................................................................. ........................................
Amount of section 535.568 account

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

Miscellaneous.............................................................................

........................................ .........................................

TOTAL (1. through 1 3 . ) ---------------------------------------------------------------------14. If amount in column ( ) differs from amount in column (1) for any line above, explain increase or decrease by
2
checking the appropriate box:
a. General license 535.508 ................................................................................................................................. EH A
b. General license 535.531 .................................................................................................................................

I~1 B

c.

General license 535.532 .................................................................................................................................

EH ^

d. General license 535.566 .................................................................................................................................

E D
H

e.

General license 535.902 .................................................................................................................................

EH E

f.

Specific license (give license number)______________________________________________________ EH

g.

Other (explain)________________________________________________________________________ _

Page 3

F

EH U

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part C—
ADD ITIO N AL DESCRIPTION OF PROPERTY ITEMS
Type

B rief Description o f P roperty

Part D -A D VERSE CLAIMS AGAINST PROPERTY REPORTED
Type

A m ount

a.

A

h

Lien

.......................................................

L

c,

Set-off .....................................................

S

d

Disputed liability

.................................

D

e.

2.

Attachment..............................................

Title dispute............................................

T

Indicate at right the citizenship of the adverse claim ant................................. ............................

Iran □

'

U.S.A.

□

u

Other

□

o

(check one)

3.

Is the holder an adverse claimant?......................................................................................................

Yes

Q Y

No

□

N

(check one)
Page 4

Census of Blocked Iranian Assets.—(Form TFR-615)—
Continued
Part E-PERSON HOLDING PROPERTY (see instructions)
EIN/SSN

1.

Name_________________________________________________________

2.

Address________________________________________________________

I I I I I I I TT~I

FFCED

(Street)
(City)
(State or foreign country)

3.
4.

Type of holder

D

If owned or controlled firm is located in Iran, check b o x ......................................

I

(check one)

Bank ...............................................................................................................................................................

□

Broker or securities d e a le r...........................................................................................................................

CD S

Oil company or oilfield services c om pan y.................................................................................................

[~~| Q

Defense-related industry ..............................................................................................................................

Q

D

Construction company

CD

C

................................................................................................................................

B

Other business f ir m ........................................................................................................................................

[] T

Individual.......................................................................................................................................................

CD

|

U.S. Government ag en cy...........................................................................................................................

CD

G

Other (explain)________________________________________________________________________ _

CD U

(Submit list of owned or controlled foreign firms per instructions)
Part F—
CERTIFICATION (see instructions)
I,____________________________________________________________________________________

, certify that I am

(Type o r p r in t name)

th e.
(State relationship o f signatory to holder, e.g., treasurer, h older ( if an individual))

of the____________________________________________________________________________________________ __________,
(Name o f holder)

that I am authorized to make this certification, and that, to the best of my knowledge and belief, the statements set
forth in this report, including any papers attached hereto or filed herewith, are true and accurate, and that all
material facts in connection with said report have been set forth herein.
(Date)

(Signature)

Address ------

(Street)

(C ity

(State)

Person to contact regarding this report:

(name)

(telephone number)
Page 5

(over)

Census of Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued
P E N A LTIE S :

A tte n tio n is directed to 18 U.S.C. section 1001, which provides:

"Whoever, in any m atter w ith in the jurisd iction o f any departm ent or agency o f the
U nited States, know ingly and w illfu lly falsifies, conceals or covers up by any tric k , scheme, or
device a material fact, or makes any false, fic titio u s o r fraudulent statements or representa­
tions, o r makes or issues any false w ritin g o r docum ent knowing the same to contain any false,
fic titio u s or fraudulent statement or en try, shall be fined n ot more than $10,000 o r im prison­
ed not more than five years, or b o th ."
A tte n tio n is also directed to 50 U.S.C. section 1705 w hich provides:
"(a) A civil penalty o f n o t to exceed $10,000 may be imposed on any person who
violates any license, order, o r regulation issued under this title .
(b)
Whoever w illfu lly violates any license, order, or regulation issued under this title
shall, upon conviction, be fined n ot more than $50,000, or, if a natural person, may be im ­
prisoned fo r n ot more than ten years, o r both, and any officer, director, o r agent o f any co r­
poration who know ingly participates in such violation may be punished by a like fine, im­
prisonment, or b o th ."

Page 6

(OMB Clearance N o t Required)

Form TFR -615

CENSUS OF BLOCKED IR A N IA N ASSETS
Office of Foreign Assets Control
Unit 615
Department of the Treasury
Washington, D.C. 20220

M u ltip le Report

D E A D L IN E :

r (' )

M

T his fo rm is to be completed and returned to the above address by May 15, 1980.

Form TFR -615 is to be used by all persons required to file reports pursuant to section 535.615 o f T itle 31 o f
the Code o f Federal Regulations. BEFORE PREPARING T H IS REPORT R EA D THE INSTR U CTIO NS C A R E ­
F U L L Y . A ll inform a tion reported w ill be regarded as privileged and confidential. For assistance, call (202)
376-0968 or 376-0969.

To the Secretary o f the Treasury:
The undersigned, pursuant to section 535.615 o f T itle 31 o f the Code o f Federal Regulations, hereby makes
the fo llo w in g report:

Part A —IN F O R M A T IO N CONCERN IN G IR A N IA N E N T IT Y WHOSE PROPERTY IS REPORTED (See instructions
fo r Part A.)

Name.
A n y variant nam e.

2

Iran 0
U.S.A. □
Other □

A dd ress_________
(Street)
(C ity)

I
U
0

(check one)
(State o r foreign cou n try)

3.

Place o f incorporation or principal place o f business.....................................................................

3.

Iran
CD I
U.S.A □
U
O ther □
0
(check one)

4.

4.

Ownership interests in e n tity.

Iran
U.S.A.

D

TT

%0

Other
(enter %)
Page 1

%l

%U

Census of Blocked Iranian Assets.-(Form T F R -6 1 5 )—Continued
5.

T yp e o f e n tity :
a.

Iranian Government o r any agency o r instrum entality thereof, excluding

.
d ip lo m a tic and consular m is s io.n .s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

CD

b.

Iranian diplom atic and consular m is s io n ................................................................

CD

D

c.

Iranian Central Bank (Bank Markazi I r a n ) .............................................................

CD

M

d.

Iranian commercial b a n k ...........................................................................................

CD

B

e.

O ther Iranian corporation

CD

C

f.

Consortium or jo in t v e n tu r e ......................................................................................

□

J

g.

Unincorporated association

Q

U

h.

O t h e r ...............................................................................................................................

CD

0

.........................................................................................

......................................................................................

I

6.
J o in t interests: List other Iranian entities w ith an interest in property reported (applies on ly to m ultiple re­
ports (box M on page 1 ) ) ____________________________________________________________________________________

Continue w ith Part B on next page.

Page 2

Census of Blocked Iranian A siets.-(Form T F R -6 1 5 )—Continued
Part B -S C H E D U L E OF PROPERTY R E Q U IR E D TO BE REPORTED (See instructions fo r individual lines.)
(Enter value in whole dollars)

( 1)
Type
1.

Deposits
a. Tim e
b.

O riginal
Am ount

(2)
Am ount
3 /3 1 /8 0

........................................................................................................................................................................................

D e m a n d .................................................................................. ...............................................................................................

2.

B u llio n, currency and c o i n ..........................................................................................................................................................

3.

Notes, checks, drafts, acceptances, commercial paper, etc. --------------------------------------------------------------------------------

4.

D e b t s ................................................................................................

.......................................... ...........................................

5.

Financial securities payable in d o lla r s ......................................

........................................... ...........................................

6.

Financial securities payable in other currencies......................

.......................................... ...........................................

7.

D irect investment in U.S. businesses.........................................

........................................... ...........................................

8.

Real estate

9.

Personal property
a. Goods consigned to I r a n .......................................................

........................................... ...........................................

b.

........................................... ...........................................

.....................................................................................

O t h e r ........................................................................................

-

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

10.

Commercial letters o f credit issued by U.S. b a n k s .................................................................................................................

11.

Commercial letters o f credit confirmed by U.S. banks . . . .

12.

Standby letters o f credit
a.
b.

13.

A m o u n t o f c r e d it....................................................................
A m o u n t o f section 535.568 a

c

c

o

u

n

Miscellaneous..................................................................................

______________________ _______________________

........................................... ...........................................
t -------------------------------------------------------------------------........................................... ...........................................

T O T A L (1. through 1 3 . ) -------------------------------------------------------------------------14.

If am ount in colum n (2) differs fro m am ount in colum n (1) fo r any line above, explain increase or decrease by

checking the appropriate box:
a. General license 535.508 .................................................................................................................................

DA

b. General license 535.531 .................................................................................................................................

Q

B

c.

General license 535.532 .................................................................................................................................

O C

d. General license 535.566 .................................................................................................................................

Q D

e.

General license 535.902 .................................................................................................................................

D

f.

Specific license (give license number)------------------------------------------------------------------------------- -

D F

g.

Other (explain)_______________________________ _________________________________________ _

0

E

U

Census of Blocked Iranian Assets.—(Form T FR -615)—
Continued
Part C—A D D IT IO N A L DESCRIPTION OF PROPERTY ITEMS
Type

Brief Description of Property

Part D -A D V E R S E C LA IM S A G A IN S T PROPERTY REPORTED

Type

Am ount

a.

A tta c h m e n t........................................................

A

h,

Lien

.................................................................

L

c

S et-off ...............................................................

S

rl

Disputed lia b ility

..........................................

D

e.

T itle d is p u te ......................................................

T

Indicate at right the citizenship o f the adverse c la im a n t .................................... ..............................

0

1

U.S.A.

□

U

O ther

2.

Iran

□

0

fcheck on*)

3.

Yes

D

Y

No

Is the holder an adverse claimant?............................................ .. ..............................................................

□

N

fcheck one)
Page 4

Census of Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued
Part E—PERSON H O L D IN G PROPERTY (see instructions)
1

2.

FIN/RRN

N am p

ffc

Address

1

i

i i rrrrn

D

(Street)
(C ity)
(State o r foreign c o u n try)

3.

I f owned o r controlled firm is located in Iran, check box . . . .

4.

Type o f holder

□

i

(check one)
...

D
□

Broker o r securities d e a l e r ...............................................................
Oil company or o ilfie ld services c o m p a n y ....................................

•

B
S

no
D d

c

•••

□

•••

Q T

■

□

1

□

G

n u

O ther (explain)
(Subm it list o f owned or controlled foreign firm s per instructions)
Part F — E R T IF IC A T IO N (see instructions)
C
1
,

, ce rtify th a t 1 am
(Type o r p r in t name)

the
(State relationship o f signatory to holder, e.g., treasurer, holder ( if an individual))

o f the
(Name o f holder)

th a t I am authorized to make this ce rtifica tio n , and th a t, to the best o f m y knowledge and belief, the statements set
fo rth in this report, including any papers attached hereto or filed herewith, are true and accurate, and th a t all
material facts in connection w ith said report have been set fo rth herein.
(Signature)

(Date)

Address ------

(Street)

(C ity

(State)

Person to contact regarding th is report

(name)

(te le p h o n e n u m b e r)
Page 5

(over)

Census of Blocked Iranian Assets.—(Form TF R -615)-C o n tinu ed
P E N A L T IE S :

A tte n tio n is directed to 18 U.S.C. section 1001, w hich provides:
"Whoever, in any m atter w ith in the jurisd ictio n o f any department or agency o f the

U nited States, kn ow ing ly and w illfu lly falsifies, conceals or covers up by any tric k , scheme, or
device a material fact, o r makes any false, fic titio u s o r fraudulent statements or representa­
tions, o r makes or issues any false w ritin g o r docum ent know ing the same to contain any false,
fic titio u s or fraudulent statement or en try, shall be fined n o t more than $10,000 o r im prison­
ed n o t more than five years, or b o th ."
A tte n tio n is also directed to 50 U.S.C. section 1705 w hich provides:
"(a) A civil penalty o f n ot to exceed $10,000 may be imposed on any
violates any license, order, or regulation issued under this title .

person who

(b) Whoever w illfu lly violates any license, order, or regulation issuedunder this
title
shall, upon con victio n, be fined n ot more than $50,000, o r, if a natural person, may be im­
prisoned fo r n ot more than ten years, o r both, and any office r, director, o r agent o f any cor­
po ration w ho kno w ing ly participates in such violatio n may be punished by a like fine, im ­
prisonm ent, or b o th ."

Page 6

(OMB Clearance N o t Required)

Form TFR -615

CENSUS OF BLOCKED IR A N IA N ASSETS
Office of Foreign Assets Control
Unit 615
Department of the Treasury
Washington, D.C. 20220

M u ltip le Report

D E A D L IN E :

I I I

M

This fo rm is to be completed and returned to the above address by May 15, 1980.

Form TFR -615 is to be used by all persons required to file reports pursuant to section 535.615 o f T itle 31 o f
the Code o f Federal Regulations. BEFORE PREPARING TH IS REPORT R EA D THE IN STR U CTIO NS C A R E ­
F U L L Y . A ll inform a tion reported w ill be regarded as privileged and confidential. F o r assistance, call (202)
376-0968 o r 376-0969.

T o the Secretary o f the Treasury:
The undersigned, pursuant to section 535.615 o f T itle 31 o f the Code o f Federal Regulations, hereby makes
the fo llo w in g report:

Part A —IN F O R M A T IO N CONCERN IN G IR A N IA N E N T IT Y WHOSE PROPERTY IS REPORTED (See instructions
fo r Part A.)

1.

Nam e.
A n y variant name.

2.

2.

A dd ress_________
(Street)
(City)

Iran Q
U .S.A.□
Other □

I
U
O

(check one)
(State o r foreign c o u n try)

3.

Place o f incorporation or principal place o f business.....................................................................

3.

Iran Q I
U .S .A .D U
O ther □
O
(check one)

4.

Ownership interests in e n tity ......................................................................................................

iran
1111 ^ 1
u .s .a .
%U
O ther I I I I % O

rm

(enter %)
Page 1

Census of Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued
5.

T ype o f e n tity :
a.

Iranian Government or any agency o r instrum entality thereof, excluding
d ip lo m a tic and consular m iss io n s.............................................................................

□

b.

Iranian d iplom atic and consular m is s io n ................................................................

Q

D

c.

Iranian Central Bank (Bank Markazi I r a n ) .............................................................

O

M

d.

Iranian commercial b a n k ...........................................................................................

□

B

e.

O ther Iranian corporation

Q

C

f.

Consortium or jo in t v e n tu r e ......................................................................................

□

J

g.

Unincorporated association

......................................................................................

Q

U

h.

O t h e r ...............................................................................................................................

Q

0

........................................................................................

I

6.
J o in t interests: List other Iranian entities w ith an interest in property reported (applies o n ly to m u ltip le re­
ports (box M on page 1))

Continue w ith Part B on next page.

Page 2

Cenius of Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued
Part B—SCHEDULE OF PROPERTY R E Q U IR E D TO BE REPORTED (See instructions fo r individual lines.)
(Enter value in whole dollars)
(1)
Type

1.

Deposits
a. Tim e
b.

(2)

O riginal
Am ount

Am ount
3 /3 1 /8 0

....................................................................................... ................................................................................................

D e m a n d .................................................................................. ...............................................................................................

2.

B ullion, currency and c o i n ......................................................... ................................................................................................

3.

Notes, checks, drafts, acceptances, commercial paper, etc. .

4.

D e b t s ................................................................................................

........... - --------------------------

5.

Financial securities payable in d o lla r s ......................................

........................................... ...........................................

6.

Financial securities payable in other currencies......................

.......................................... ...........................................

7.

D irect investment in U.S. businesses.........................................

........................................... ...........................................

8.

Real estate

9.

Personal property

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

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

.....................................................................................................................................................................................

a.

Goods consigned to I r a n .......................................................

........................................... ...........................................

b.

O t h e r ........................................................................................

........................................... ...........................................

10.

Commercial letters o f credit issued by U.S. b a n k s .................................................................................................................

11.

Commercial letters o f credit confirmed by U.S. banks . . . .

12.

Standby letters o f credit

_______ ______________

_____________________

a.

........................................... ...........................................

b.
13.

A m o u n t o f c r e d it ..................................................................
A m o u n t o f section 535.568 account

_____________________

M iscellaneous..................................................................................

_____________________

........................................... ...........................................

T O T A L (1. through 1 3 . ) _________________________________________
14.

If am ount in colum n (2) d iffers fro m am ount in colum n (1) fo r any line above, explain increase or decrease by

checking the appropriate box:
a. General license 535.508 .........................................................................................................................................

CD

A

b.

General license 535.531 ..........................................................................................................................................

CD

B

c.

General license 535.532 .........................................................................................................................................

CD

C

d.

General license 535.566 ..........................................................................................................................................

CD

D

e.

General license 535.902 ..........................................................................................................................................

CD

E

f.

Specific license (give license number).____ ____________________________________________________

CD

g.

O ther (explain)_____________________________________________________________________________

CD U

Page 3

F

Census of Blocked Iranian Assets.-(Form TFR-615)—
Continued
Part C - A D D IT IO N A L DESCRIPTION OF PROPERTY ITEMS
Type

Brief Description o f Property

Part D -A D V E R S E C LA IM S A G A IN S T PROPERTY REPORTED
Type

Amount

a.

A

b.

Lien

..........................................................

L

c.

Set-off ........................................................

s

d.

Disputed lia b ility

...................................

D

e.

2.

A tta c h m e n t.................................................

T itle d is p u te ...............................................

T

Indicate at right the citizenship o f the adverse c la im a n t .................................... ..............................

Iran

□

'

U.S.A.

□

u

O ther

□

0

(check one)

3.

Is the holder an adverse claimant?.............................................................................................................

Yes

□

Y

No

O n
(check one)

Page 4

Census of Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued
Part E -P E R S O N H O L D IN G PRO PERTY (see instructions)
1.

N am e ____________________________________________________________ -

EIN/SSN

2.

Address____________________________________________________________
(StreetI

I I I I I I I TT~)

FFCED

(City)
(State or foreign country)
3.

I f owned o r co ntrolled firm is located

4.

Type o f holder
Bank

in Iran, check b o x .........................................

[3

I

(check one)

..........................................................................................................................................................................

[]

b

Broker o r securities d e a l e r ...................................................................................................................................

O S

Oil company o r o ilfie ld services c o m p a n y ........................................................................................................

ED O

Defense-related industry

ED D

Construction company

......................................................................................................................................
.........................................................................................................................................

ED

C

Other business f i r m .................................................................................................................................................

ED T

In d iv id u a l..................................................................................................................................................................

Q

U.S. Government a g e n c y ......................................................................................................................................

[~~| G

_
O ther (explain)_____________________________________________________, _______________________

ED

|

U

(S ubm it list o f owned o r controlled foreign firm s per instructions)
Part F —C E R T IF IC A T IO N (see instructions)
I , ____________________________________________________________________________________

, ce rtify th a t I am

(Type o r p r in t name)

th e .
(State relationship o f signatory to holder', e.g., treasurer, holder ( if an individual))

Of th e _____________________________________________________________________________________________________ _
(Name o f holder)

th a t I am authorized to make this ce rtifica tio n , and th a t, to the best o f m y knowledge and belief, the statements set
fo rth in this report, including any papers attached hereto or filed herewith, are true and accurate, and th a t all
material facts in connection w ith said rep ort have been set fo rth herein.
(Date)

(Signature)

Address ------

(Street)

(C ity

(State)

Person to contact regarding this report:

(name)

(te le p h o n e n u m b e r)
Page 5

(over)

Census o f Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued
P E N A LTIE S :

A tte n tio n is directed to 18 U.S.C. section 1001, w hich provides:
"Whoever, in any m atter w ith in the jurisd iction o f any departm ent or agency o f the

U nited States, know ingly and w illfu lly falsifies, conceals o r covers up by any tric k , scheme, or
device a material fact, or makes any false, fic titio u s o r frau du len t statements or representa­
tions, o r makes o r issues any false w ritin g o r docum ent knowing the same to contain any false,
fic titio u s or fraudulent statement or e ntry, shall be fined n o t more than $10,000 o r im prison­
ed n ot more than five years, or b o th ."
A tte n tio n is also directed to 50 U.S.C. section 1705 w hich provides:
"(a) A civil penalty o f no t to exceed $10,000 may be imposed on any person who
violates any license, order, o r regulation issued under this title .
(b) Whoever w illfu lly violates any license, order, or regulation issued under this title
shall, upon conviction, be fined n o t more than $50,000, or, if a natural person, may be im­
prisoned fo r n ot more than ten years, or both, and any officer, director, o r agent o f any cor­
poration w ho kn ow in gly participates in such viola tio n may be punished by a like fine, im­
prisonm ent, or b o th ."

Page 6

Title 31 - MONEY AND FINANCE:

Treasury

Chapter V - Foreign Assets Control
Department of the Treasury
Part 535 - Iranian Assets Control Regulations

AGENCY:

Office of Foreign Assets Control

ACTION:

Final Rule

SUMMARY: The Office of Foreign Assets Control is amending the Iranian Assets
Control Regulations. The purpose of the amendment is to impose additional
prohibitions on dealings with Iran. The need for the amendment is to imple­
ment the provisions of Executive Order No. 12205, signed by the President on
April 7, 1980. The effect of the amendment is that exports to Iran, except
those involving food, medicine, medical supplies, or donations of clothing
intended to be used to relieve human suffering, are prohibited; restrictions
are placed on the shipment of goods to Iran; restrictions are placed on new
service contracts with Iran; and restrictions are placed on various financial
transactions to which Iran is a party.
EFFECTIVE DATE:

April 7, 1980, 4:19 p.m., e.s.t.

FOR FURTHER INFORMATION CONTACT: Dennis M. O ’Connell, Chief Counsel, Office
of Foreign Assets Control, Department of the Treasury, Washington, D.C. 20220,
Tel. 202/376-0236.
SUPPLEMENTARY INFORMATION: Since the regulations involve a foreign affairs
function, the provisions of the Administrative Procedure Act, 5 U.S.C. 553,
requiring notice of proposed rule making, opportunity for public participation
and delay in effective date are inapplicable.
I
The United Nations Security Council voted 12-0 on December 31, 1979
to impose economic sanctions on Iran if the American hostages were not freed by
January 7, 1980. A resolution mandating economic sanctions was acted upon by
the Security Council of the United Nations on January 13, 1980 and would have
been adopted but for the veto cast by the Soviet Union.
The resolution called upon all countries to:
a.
Prevent the sale or supply by their nationals or from their
territories, whether or not originating in their territories, to or destined
for Iranian governmental entities in Iran or any other person or body in Iran,
or to or destined for any other person or body for the purposes of any enter­
prise carried on in Iran, of all items, commodities or products, except food,
medicine and supplies intended strictly for medical purposes;

. 2 -

b. Prevent the shipment by vessel, aircraft, railway, or other
land transport of their registration or owned by or under charter to their
nationals or the carriage whether or not in bond by land transport facilities
across their territories of any of the items, commodities, and products
covered by subparagraph (a) which are consigned to or destined for Iranian
governmental entities or any person or body in Iran, or to any enterprise
carried on in Iran;
c. Not make available to the Iranian authorities or to any person
in Iran or to any enterprise controlled by an Iranian governmental entity any
new credits or loans; shall not, with respect to such persons or enterprises
make available any new deposit facilities or allow substantial increases in
existing nondollar deposits or allow more favorable terms of payment than
customarily used in international commercial transactions; and shall act in
a businesslike manner in exercising any rights when payments due on existing
credits or loans are not made on time and shall require any persons or entities
within their jurisdiction to do likewise;
d. Prevent the shipment from their territories on vessels or air­
craft registered in Iran of products and commodities covered by subparagraph
(a) above;
e. Prevent their nationals, or firms located in their territories,
from engaging in service contracts, in support of industrial projects in Iran,
other than those concerned with medical care;
f. Prevent their nationals or any person or body in their territories
from engaging in any activity which evades or has the purpose of evading any
of the decisions set out in this resolution:
The United States now is implementing the sanctions contemplated by
this resolution. The President on April 7, 1980, signed Executive Order 12205
pursuant to the International Emergency Economic Powers Act imposing these
sanctions. These regulations are being issued as amendments to the Iranian
Assets Control Regulations to implement that order.
In reading these regulations, the following should be considered:
1. The prohibitions involved in these sanctions are listed in
§535.206 and §535.207 and are in addition to the sanctions previously imposed
under §535.201;
2. All provisions in the form of general licenses, definitions,
interpretations and other provisions previously issued under this part and
still in effect apply, where relevant, to the sanctions contained in the
regulations being published today;

- 3 -

3. Exports to Iran are now governed by the prohibition in §535.207(a)
and related provisions. It is expected that overseas subsidiaries of United
States persons will not make exports prohibited by these regulations. U. S.
parent entities must inform the Office of Foreign Assets Control ten days before
any of its subsidiaries proposes to make any export to Iran; and
4. The prohibitions contained in the resolution acted upon by the
U. N. Security Council concerning new loans and credits are governed by
§535.201, as interpreted by §535.419.
31 CFR, Part 535 is amended as follows:
1.

§535.201 is revised to read as follows:

§535.201 Transactions involving property in which Iran or Iranian
entities have an interest.
No property subject to the jurisdiction of the United States or which
is in the possession of or control of persons subject to the jurisdiction of
the United States in which on or after the effective date Iran has any interest
of any nature whatsoever may be transferred, paid, exported, withdrawn or other­
wise dealt in except as authorized.
2.

§535,203 is amended by the addition of paragraph (f), as follows:

§535.203
*

Effect of transfers violating the provisions of this part.
*

*

*

*

(f) For the purpose of this section the term "property" includes
gold, silver, bullion, currency, coin, credit, securities (as that term is
defined in section 2(1) of the Securities Act of 1933, as amended), bills of
exchange, notes, drafts, acceptances, checks, letters of credit, book credits,
debts, claims, contracts, negotiable documents of title, mortgages, liens,
annuities, insurance policies, options and futures in commodities, and evidences
of any of the foregoing. The term "property" shall not, except to the extent
indicated, be deemed to include chattels or real property.
3.

§535.206 is added as follows:

§535.206

Financial transactions.

(a)
Except as authorized by means of regulations, rulings, instruc­
tions, licenses or otherwise, no person subject to the jurisdiction of the United
States shall, directly or indirectly, in any transaction involving Iran, an
Iranian governmental entity, an enterprise controlled by Iran or an Iranian
governmental entity, or any person in Iran:
(1) Make available any new deposit facilities or allow substantial
increases in existing non-dollar deposits.
(2) Allow more favorable terms of payment than customarily used in
international commercial transactions.

- 4 -

(3) Fail to act in a business-like manner in exercising any rights
when payments due on existing credits or loans are not made in a timely manner,
provided the exercise of such rights is not otherwise prohibited by this part.
(b) The prohibitions contained in paragraph (a) of this section shall not
apply to transactions by any person subject to the jurisdiction of the United States
which is a non-banking association, corporation or other organization organized
and doing business under the laws of any foreign country. The U. S. parent of
any such person must report to the Office of Foreign Assets Control any prospec­
tive transaction with Iran contained in paragraph (a) of this section ten days before
any subsidiary enters into such a transaction.
4.

§535.207 is added as follows:

§535.207

Trade, shipping and service transactions.

(a) All of the following transactions are prohibited, except as
authorized by means of regulations, rulings, instructions, licenses or otherwise:
(1) The sale, supply or other transfer, by any person subject to the
jurisdiction of the United States, of any items, commodities or products, except
food, medicine or supplies intended strictly for medical purposes, and donations
of clothing intended to be used to relieve human suffering, from the United States,
or from any foreign country, whether or not originating in the United States,
either to or destined for Iran, an Iranian governmental entity in Iran, any other
person or body in Iran, or any other person or body for the purposes of any
enterprise carried on in Iran.
(2) The shipment by vessel, aircraft, railway or other land transport
of United States registration or owned by or under charter to a person subject
to the jurisdiction of the United States or the carriage (whether or not in bond)
by land transport facilities across the United States of any of the items,
commodities or products covered by paragraph (a) of this section which are con­
signed to or destined for Iran, an Iranian governmental entity, or any person or
body in Iran, or to any enterprise carried on in Iran.
(3) The shipment from the United States of items, products or commod­
ities covered by paragraph (a) of this section on vessels or aircraft registered in Iran.
(4) The engaging, by any person subject to the jurisdiction of the
United States, in any service contract in support of industrial projects in Iran,
except any such contracts entered into prior to the effective date or concerned
with the provision of medical services.
(b) The prohibitions contained in paragraph (a) of this section shall
not apply to transactions by any person subject to the jurisdiction of the United States
which is a non-banking association, corporation or other organization organized and doing
doing business under the laws of any foreign country. The U. S. parent of any
such person must report to the Office of Foreign Assets Control any transaction
with Iran contained in paragraph (a) of this section ten days before any subsidiary
enters into such a transaction.
.

- 5 -

5.

§535.208 is added as follows:

§535.208

Evasions; effective date.

(a) Any transaction for the purpose of, or which has the
effect of,
evadingor avoiding any of the prohibitions set forth in this subpart is hereby
prohibited.
(b) The term "effective date" means, with respect to transactions
prohibited in section 535.201, 8:10 a.m. eastern standard time, November 14,
1979, and with respect to the transactions prohibited in §§535.206 and 535.207
4:19 p.m. eastern standard time, April 7, 1980.
6.

Subpart C is amended by the addition

of §§535.308 and

535.331 as

follows:
Subpart C - General Definitions
*

*
§535.308

*

*

*

Person.

The term "person" means an individual, partnership, association,
corporation or other organization.
*

*
§535.331

*

*

*

Food.

The term "food" as used in §535.207(a) shall include commodities directly
consumed by humans or by animals when such animals are primarily used as a source
of food.
7. Subpart D is amended by the addition of §§535.401, 535.402, 535.403,
535.419(e), 535.421, 535.422, 535.423, 535.424 and 535.425, as follows:
Subpart D - Interpretations
§535.401

Reference to amended sections.

Reference to any section of this part or to any regulation, ruling,
order, instruction, direction or license issued pursuant to this part shall be
deemed to refer to the same as currently amended unless otherwise so specified.
§535.402
orders, etc.

Effect of amendment of sections of this part or of other

Any amendment, modification, or revocation of any section of this part
or of any order, regulation, ruling, instruction, or license issued by or under
the direction of the Secretary of the Treasury pursuant to section 203 of the

- 6 -

International Emergency Economic Powers Act shall not, unless otherwise
specifically provided, be deemed to affect any act done or omitted to be
done, or any suit or proceeding had or commenced in any civil or criminal
case, prior to such amendment, modification, or revocation and all penalties,
forfeitures, and liabilities under any such order, regulation, ruling, instruc­
tion or license shall continue and may be enforced as if such amendment, mod­
ification, or revocation had not been made.
§535.403
Iranian entity.

Termination and acquisition of an interest of Iran or an

(a) Whenever a transaction licensed or authorized by or pursuant to
this part results in the transfer of property (including any property interest)
away from Iran or an Iranian entity, such property shall no longer be
deemed
to be property in which Iran or an Iranian entity has or has had an interest,
unless there exists in the property another such interest the transfer of which
has not been effected pursuant to license or other authorization.
(b) Unless otherwise specifically provided in a license or authorization
contained in or issued pursuant to this part, if property (including any property
interest) is transferred to Iran or an Iranian interest,such property shall be
deemed to be property in which there
exists an interest of Iran or anIranian
entity.

§535.419
*

Extensions of credit to Iran.
*

*

*

*

(e) The prohibition in §535.201 does not apply to extensions or renewals
of credits to Iran or an Iranian entity by any person subject to the jurisdiction
of the United States which is a non-banking association, corporation or other
organization organized and doing business under the laws of any foreign country.
*

§535.421

*

*

*

*

Prior contractual commitments not a basis for licensing.

Specific licenses are not issued on the basis that an unlicensed firm
commitment or payment has been made in connection with a transaction prohibited
by this part. Contractual commitments to engage in transactions subject to the
prohibitions of this part should not be made, unless the contract specifically
states that the transaction is authorized by general license or that it is sub­
ject to the issuance of a specific license.
§535.422

New deposit facilities.

(a)
The prohibition contained in §535.206(a) includes the opening of
any new accounts as well as the acceptance of non-dollar deposits in any existing
accounts where the resulting balance would be substantially greater than that
existing on the effective date.

- 7 -

(b)
A balance is substantially greater if it is more than 107» greater
than theaverage daily balance during the six-month period prior to the effective
date of §535.206.
(c) An account is not a new account if it is established as a result
of a transfer authorized by §535.508 or otherwise licensed under this part.
§535.423

Customary international commercial terms.

(a)
§535.206(b) prohibits the sale to Iran, any Iranian entity or
any person in Iran of any consnodity on conditions markedly different from those
customarily offered by other sellers of that commodity in terms of price, method
of payment and time of payment.
(b) This section shall not be construed to authorize any transaction
which is otherwise prohibited by this part.
§535,424

Service contracts in support of industrial projects in Iran.

Specific licenses to enter into any service contract in support of any
enterprise in Iran will be considered on a case-by-case basis. No service contract
should be entered into without a specific license.
§535.425

Iranian enterprise.

For purposes of §535.206, the term "enterprise" means any business or
commercial activity or venture of any kind whatsoever, whether operated or organ­
ized as a corporation, partnership, joint venture, association, sole proprietor­
ship, or otherwise.

8.
Subpart E is amended by the revocation of §535.533, and the additio
of §§535.572 and 535.574, as follows:
Subpart E - Licenses
*

*

*

*

*

*

*

*

§535.533 [Revoked].
*
§535.572

*

Authorization of exports of certain types of goods to Iran.

All transactions not inconsistent with §535.419 and ordinarily incident
to the export to Iran of the following types of goods are hereby authorized:
(a)

Medicines and supplies intended strictly for medical purposes.

(b)

Food.

(c)

Donations of clothing intended to be used to relieve human suffering.

-8-

§535.574

Service contracts in support of telecommunications in Iran.

Specific licenses will be considered for transactions incident to
telecommunications with Iran.
§535.903 [Revoked]
9. Section 535.903 is revoked.

Dated:

7 April 1980_____________

(signed) Stanley L. Sommerfield
Stanley L. Sommerfield
Director

Approved:

[AUTHORITY:

(signed) Richard J. Davis
Richard J. Davis
Assistant Secretary
Secs. 201 - 207, 91 Stat. 1626, 50 U.S.C. 1701 - 1706; E. 0.

No. 12170, 44 FR 65729; E. 0. No. 12205, 45 FR 24099.]

OE N
T itle 31 - M N Y A D FINANCE:

TREA RY
SU

CHAPTER V - FOREIGN ASSETS CO TRO
N L
PART 535 - Iranian Assets Control Regulations
AGENCY:

OFFICE O FOREIGN ASSETS CO TRO
F
N L

ACTION:

Final Rule

SU M R :
M AY
The Office of Foreign Assets Control is amending the Iranian
Assets Control Regulations by the addition of § 535.615 and 535.616 pro­
viding respectively for a census of blocked Iranian assets and a census
of claims against Iran and Iranian e n t i t i e s . The purpose of the amend­
ment is to impose a requirement that reports be filed (1) under § 535.615
with respect to blocked Iranian assets held by any person subject to the
j u ris d ic tio n of the United States between November 14, 1979 and March 31,
1980; and (2) under § 535.616 with respect to claims by U.S. nationals
against Iran and Iranian e n t i t i e s . The need for § 535.615 is to obtain
information on blocked assets, on a one-time basis, for planning pur­
poses and to monitor compliance with the Regulations. The need for
§ 535.616 is to obtain information regarding claims of U.S. nationals
against Iran, on a one-time basis, for planning purposes. The effect
of the amendment will be to obtain complete and accurate information on
blocked Iranian assets and on claims of U.S. nationals against Iran and
Iranian e n t i t i e s in order to furth er the purposes of Executive Order No.
12170 and the Regulations.
EFFECTIVE DATE:

April 7, 1980.

FO FURTHER INFORM
R
ATION CONTACT: Dennis M O'Connell, Chief Counsel,
.
Office of Foreign Assets Control, Department of the Treasury, Washington,
D.C. 20220, (202) 376-0236.
SUPPLEM
ENTARY INFORM
ATION: Samples of Forms TFR-615 and TFR-616 with
instructions appear in an appendix to this amendment. Copies of the
forms with reporting instructions are being distributed through the
Federal Reserve System to all member banks. Other persons required to
report or otherwise interested in obtaining copies of the forms and in ­
structions may do so by applying to the nearest Federal Reserve bank
or to the Office of Foreign Assets Control, Department of the Treasury,
Washington, D.C. 20220.
Forms are to be completed in t r i p l i c a t e and two copies are to be
returned in a set to eith e r Unit 615 or Unit 616, as appropriate, Office
of Foreign Assets Control, Department of the Treasury, Washington, D.C.
20220 by M 15, 1980. Observance of the f i l i n g deadline is extremely
ay
important. Reporting under these sections is mandatory, and no extensions
of the f i l i n g deadline will be granted.

-2-

The submission of a Form TFR-616 report on a claim against Iran
or an Iranian e n t it y does not constitute the f i li n g with the United States
Government of a formal claim for compensation. N decision has yet been
o
reached on whether a formal claims adjudication program will be established.
I t should be noted, however, that fa i lu r e to f i l e complete information with
respect to claims in a timely fashion not only would constitute failu re
to comply with the Regulations, but would also preclude the inclusion of
the information in U.S. Government planning. Such a f a ilu r e may therefore
be prejudicial to the in te re s ts of the claimant and other U.S. claimants.
Espousal of claims of U.S. nationals against a foreign government is in
the discretion of the Secretary of State.
Since th is amendment involves a foreign a f f a i r s function, the
provisions of the Administrative Procedure Act, 5 U.S.C. 553, requiring
notice of proposed rulemaking, opportunity for public participation and
delay in effective date are inapplicable.
31 CFR Part 535 is amended as follows:
1.

§535.615 is added as follows:

§535.615 Reports on Form TFR-615.
(a)
Requirement for r e p o r t . Reports on Form TFR-615 are hereby
required to be fi le d on or before M 15, 1980, in the manner prescribed
ay
herein, with respect to all property subject to the j u ris d ic t io n of the
United States or in the possession or control of any person subject to
the ju r is d ic t io n of the United States a t any time between the effective
date and March 31, 1980, in which Iran or an Iranian e n tity has or has
had any i n te r e s t.
(1) W must r e p o r t .
ho
each of the following:

Reports on Form TFR-615 must be f i le d by

(1) Any person subject to the ju r is d ic t io n of the United States
or his successor, who on the eff ective date or any subsequent date up
to and including March 31, 1980, had in his custody, possession or con­
t r o l , directly or i n d ire c tly , in t r u s t or otherwise, property in
which
there was any direct or indirect i n t e r e s t of Iran or any Iranian e n t i t y ,
whether or not the property continued to be held by that person on
March 31, 1980; and
( i i ) Any business or non-business e n t it y in the United States
in which Iran or an Iranian e n tity held any financial i n t e r e s t on the
effective date or on any subsequent date.
(2) Property not required to be reported.
TFR-615 is not required with respect to:
(i)

Areport on Form

Property of a private Iranian national; and

-3-

(ii)
Patents, copyrights, trademarks and inventions; Provided,
however, th a t a report is required with respect to any royalties due and
unpaid in connection with such property.
(b) Filing Form TFR-615. Reports on Form TFR-615 shall be pre­
pared in t r i p l i c a t e . O or before M 15, 1980, two copies shall be
n
ay
sent in a set to Unit 615, Office of Foreign Assets Control, Department
of the Treasury, Washington, D.C. 20220. The third copy must be retained
with the r e p o r te r's records.
(c) C e r t i f i c a t i o n . Every report on Form TFR-615 shall contain
the c e r t i f i c a t i o n required in Part F of the Form. Failure to complete
the c e r t i f i c a t i o n shall render the report in effectiv e, and the submis­
sion of such a report shall not constitute compliance with this section.
(d) Confidentiality of re p o r ts . Reports on Form TFR-615 are
regarded as privileged and confidential.
2.

§535.616 is added as follows:

§535.616 Reports on Form TFR-616.
(a) Requirement for r e p o r ts . Reports on Form TFR-616 are hereby
required to be f ile d on or before M 15, 1980, in the manner prescribed
ay
herein, with respect to claims for losses due to expropriation, national­
izatio n , or other taking of property or businesses in Iran, including any
special measures such as Iranian exchange controls directed against such
property or businesses; claims for debt defaults, for damages for breach
of contract or similar damages; and personal claims for salaries or
for injury to person or property.
(b) W must r e p o r t . Reports on Form TFR-616 must be fi le d by
ho
every person subject to the ju r is d ic t io n of the United States which had a
claim against Iran or an Iranian e n tity which arose before April 15, 1980.
N report is to be submitted by a U.S. branch of a foreign firm not
o
owned or controlled by a person subject to the ju r is d ic t io n of the United
States or by a nonresident alien.
(c) Filing Form TFR-616. Reports on Form TFR-616 shall be pre­
pared in t r i p l i c a t e . O or before M 15, 1980, two copies shall be
n
ay
sent in a set to Unit 616, Office of Foreign Assets Control, Department
of the Treasury, Washington, D.C. 20220. The t h ird copy must be retained
with the re p o r te r's record.
(d) C e r t i f i c a t i o n . Every report on Form TFR-616 shall contain
the c e r t i f i c a t i o n required on Part E of the Form. Failure to complete
the c e r t i f i c a t i o n shall render the report in effectiv e, and the submis­
sion of such a report shall not constitute compliance with this section.

-4-

(e)
Confidentiality of re p o r ts .
regarded as privileged and confidential.
Dated:

Reports on Form TFR-616 are

07 APR 1980

(signed)

Stanley L. Sommerfield
Stanley L. Sommerfield
Director

Approved: (signed) Richard 0. Davis
Richard 0. Davis
Assistant Secretary
/AUTHORITY:

Secs. 201 - 207, 91 Stat. 1626, 50 U.S.C.

1701 - 1706;

E.0. M 12170, 44 FR 65729J
o.
APPENDIX

!_ Not

Filed:

for Publication in the Code of Federal Regulations. /

April 7, 1980

Published:

April 9, 1980

CENSUS OF
CLAIMS AGAINST
IRAN

O ffice of Foreign Assets Control
D epartm ent of the Treasury
W ashington, D.C. 2 0 2 2 0

CENSUS OF CLAIMS BY UNITED STATES PERSONS AGAINST IRAN
INSTRUCTIONS FOR REPORTING ON FORM TFR-616
The O ffice o f Foreign Assets C ontrol, Departm ent o f the Treasury, at the request o f the Department
o f State and under section 535.616 o f the Iranian Assets C ontrol Regulations (31 CFR Part 535), is con­
ducting a census o f info rm a tion relative to claims o f persons subject to the jurisd iction o f the United States
against the Government o f I ran, its agencies o r instrumentalities or controlled entities, and the Central Bank
o f Iran.
R eporting under the census is mandatory fo r persons w ho are subject to the reporting requirements.
Reports on Form TFR -616 are hereby required to be filed on or before May 15, 1980, in the manner pre­
scribed herein, by such persons subject to the jurisdiction o f the United States. The report must describe
any claim o f any such person against any Iranian e n tity which arose before A p ril 15, 1980. The report
must indicate fo r each claim (as provided in the specific instructions) whether the claim arose on or after
October 1, 1978, The report must also cover any loans outstanding to Iran or an Iranian e n tity , whether
or not a default has been declared.
Each question on the fo rm must be answered, and all the specific info rm a tion called fo r must be
given. When there is nothing to report under any question, o r if info rm atio n is lacking, state " N o ,"
“ N one," or "U n k n o w n ," as the case may be. If the space provided on the form fo r any answer should
prove inadequate, the answer may be made or continued on a blank sheet o f paper securely attached to
the form . No person is excused from furnishing any inform atio n he reasonably should have furnished.
The info rm atio n to be reported is needed by the United States Government fo r planning purposes.
However, the submission o f this report does n ot constitute the filin g w ith the United States Government o f
a form al claim fo r compensation. No decision has yet been reached on whether a form al claims adjudica­
tio n program w ill be established. However, failure to file complete inform atio n in a tim e ly fashion not
o n ly w ould constitute failure to com ply w ith the Regulations, it also w ould preclude the inclusion o f the
inform a tion in U.S. government planning and may therefore be prejudicial to the claim ant and other U.S.
claimants. Espousal o f claims o f U.S. nationals against a foreign government is in the discretion o f the
Secretary o f State.
D E A D L IN E :

May 15, 1980.

No extensions w ill be granted.

This fo rm is to be completed in trip lica te and tw o copies are to be returned in a set to U n it 616,
O ffice o f Foreign Assets C ontrol, Departm ent o f the Treasury, Washington, D.C. 20220 by the May 15,
1980 deadline.
Observance o f the filin g deadline is extrem ely im portant.
FOR FUR THER IN F O R M A T IO N C O N TA C T:

U n it 616, (202) 376-0968 or 376-0969.

PART I—G ENERAL INSTRUCTIONS
A.

REPORTING R EQ UIREM ENTS

w hich has a claim against the Government o f Iran or

1.

Who must report.

any o f its agencies or instrumentalities or controlled
entities, w hich arose before A p ril 15, 1980. Claims by
U.S. branches o f foreign firm s n ot owned or controlled
by persons subject to the jurisdictio n o f the United

A n y person subject to the jurisd iction o f the United
States, whether an individual or business enterprise.
(i)

Part I.—General Instructions.—Continued
A.
Reporting Requirements.—Continued
1. Who must report.—Continued

States, or by nonresident aliens, are n o t be be reported
on Form TFR -616.
If a U.S. parent company or any foreign firm (s) which
i t owns or controls is subject to the reporting require­
ments, the U.S. parent company must subm it one
Form T F R -616 covering its claims and those o f any such
foreign firm (s). (See specific instructions fo r Part C.)
2.

What must be reported.

a.
Business claims. U nited States business firm s and
individuals should report in Part B.1. losses due to ex­
propriation, nationalization or other taking o f property
or businesses in Iran including any special measures, such
as Iranian exchange controls, directed against such
property or businesses. Claims against Iranian entities fo r
other business losses, such as debt defaults, damages fo r
breach o f contract, and other damages, should also be
reported.
Example (1).

The London branch o f a United States

bank has a general loan outstanding to an Iranian e n tity
w hich is in default. The am ount o f the default is to be
reported in Part B, line 1.b.
Example (2).

em ploym ent w ith o u t cause and is forced to leave the
co un try w ith o u t a final salary payment and w ith o u t
being able to evacuate his household goods. The ind ivi­
dual must report his claims fo r salary and other benefits
and fo r breach o f contract in Part B, line 2.c. and may
have other reportable claims fo r expropriation (line 2.a.)
or other damages (line 2.e.).
3.

Primary responsibility for reporting.

Primary responsibility fo r reporting any claim rests on
the claim ant w ith the fo llo w in g exceptions: prim ary
responsibility fo r reporting any claim o f a foreign firm
owned or controlled by a person subject to the jurisdic­
tio n o f the U nited States is on the U.S. parent; prim ary
responsibility fo r reporting the claim o f any tru st is on
the trustee, and fo r any estate on the executor or
adm inistrator. A report may be filed on behalf o f a
claimant by an attorney, agent, bank, insurance compa­
ny or other person. However, the pertinent info rm atio n
regarding the person making the report must be included
in Part D. No person is excused fro m filin g Form TFR616 by reason o f the fact th a t another person has sub­
m itted a report w ith regard to the same claim unless he
has actual knowledge th a t the other person has filed a
report w ith respect to the claim as fu ll and complete as
th a t w hich such person w ould otherwise be required to
file.

A U nited States construction company

is operating in Iran under contract w ith a private Iranian
company. A n agency o f the Government o f Iran takes
over the operation o f the Iranian company and
terminates the U.S. firm 's contract. The U.S. company

4.

Obtaining Form T F R -6 1 6 .

is forced to w ithdraw its U.S. employees but leave its

Copies o f Form T F R -6 1 6 w ith reporting instructions
have been distributed through the Federal Reserve Sys­
tem to all member banks. Other persons required to re­
p o rt or otherwise interested in obtaining copies o f Form

equipment. The company must report its breach o f
contract claim in Part B, line l.g., and may have other
reportable claims fo r expropriation or other losses on
behalf o f the company or its U.S. employees.

T F R -6 1 6 may do so by applying to the O ffice of
Foreign Assets C on trol, U n it 616, Departm ent o f the
Treasury, Washington, D.C. 20220, or to the nearest
Federal Reserve bank.

Example (3). A United States company has a w h o llyowned subsidiary incorporated in Iran. A lthough the

5.

Filing Form T F R -6 1 6

ported in Part B, line 1 ,e.

Reports on Form T F R -6 1 6 shall be prepared in
trip lica te. On or before May 15, 1980, tw o copies shall
be sent in a set to U n it 616, O ffice o f Foreign Assets
C ontrol, Departm ent o f the Treasury, Washington, D.C.
20220. Retain one copy fo r y ou r records.

b.

6.

subsidiary has not been nationalized, the parent compa­
ny cannot repatriate earnings or capital because of
Iranian exchange control laws. The am ount o f dividends
or other capital restricted under such laws is to be re­

Personal claims. A n y citizen or permanent resident

Certification.

w ho has suffered losses due to expropriation or w ho has
claims fo r salaries or fo r inju ry to person or property
resulting fro m actions o f the Government o f Iran or any

Every report filed on Form T F R -616 must be certi­
fied in Part E o f the form . Failure to complete the certi­
fica tio n shall render the report ineffective, and the sub­

Iranian e n tity must report such claims in Part B.2.

mission o f such a report shall n o t constitute compliance
w ith the reporting requirements o f section 535.616 o f

Example.
A United States engineering consultant
under contract to an Iranian e n tity is dismissed fro m his

the Regulations.

7.

ness w hich is owned or controlled by persons specified
in (a), (b), or (C) above.

Confidentiality of reports.

Reports filed on Form T F R -6 1 6 are regarded as
privileged and confidential.
8.

3 Successor.
.

Penalties.

A person w ho has succeeded to a claim by operation
o f law, such as a trustee in bankruptcy, an executor or
adm inistrator, etc., o r by change in organization, such as
by merger, dissolution or acquisition.

Reporting on Form T F R -6 1 6 is mandatory under
section 535.616 o f the Iranian Assets C ontrol Regula­
tions. In this regard, section 206 o f the International
Emergency Economic Powers A c t provides as fo llo w s:

4.

Financial interest.

A n y right or claim to ownership or co n tro l, or par­
ticipa tio n in ownership or c on trol, or other financial

Penalties
Sec. 206. (a) A civil penalty o f n ot to
exceed $10,000 may be imposed on any per­
son w ho violates any license, order, or regu­
lation issued under this title .

interests as follow s:
(a)

A n y shares o f stock o f any business or nonbusi­

ness e n tity ;

(b)
Whoever w illfu lly violates any li­
cense, order, or regulation issued under this

(b) A n y p rofits or income derived fro m shares o f
stock;

title shall, upon conviction, be fined no t

(c) A n y bonds, debentures, notes or other funded
obligations o f any business or nonbusiness e n tity ;

more than $50,000, or, if a natural person,
may be imprisoned fo r no t more than ten
years, or both; and any o fficer, director, or
agent o f any corporation w ho know ingly
participates in such violation may be pun­
ished by a like fine, imprisonm ent, or both.

(d) A n y other outstanding securities o f any business
or nonbusiness e n tity ; or
(e) A n y other right or claim w ith respect to any
tru st or similar organization.

5 Iran; Iranian entity.
.
(a) The term " Ir a n " and "Ira nia n e n tity " includes:
B.

D E F IN IT IO N S

(1) The State and the Government o f Iran as well as
any political subdivision, agency or instrum entality
thereof or any te rrito ry , dependency, colony, protec­
torate, mandate, d om inio n, possession or place subject

The de finitions below shall be used fo r the purpose
of reporting on Form T F R -6 1 6 . A n y reference to "th e
Regulations" in these instructions or in Form T F R -6 1 6
shall refer to the Iranian Assets C ontrol Regulations
(31 CFR Part 535), and any term no t defined in these
instructions shall have the meaning ascribed to it in the
Regulations.

to the jurisdiction thereof;

()
2
()
3

The Central Bank o f Iran (Bank Markazi Iran);

A n y partnership, association, corporation or
other organization substantially owned or controlled by
any o f the foregoing;

1.

Person.

( ) A n y person to the extent th a t such person is, or
4
has been, or to the extent th a t there is reasonable cause
to believe th a t such person is, or has been, since the
effective date acting or purporting to act, directly or

An individual, partnership, association, corporation
or other organization.
2.

Persons subject to the jurisdiction of the United
States.

indirectly, on behalf of any o f the foregoing;

()
5

A n y te rrito ry which on or since the effective

The term "person subject to the jurisd iction o f the
United States" includes:

date is controlled or occupied by the m ilita ry , naval or

(a) A n y person wheresoever located w ho is a c iti­
zen or resident o f the U nited States;

(6) A n y other person or organization determined by
the Secretary o f the Treasury to be included w ith in

police forces or other a u th o rity o f Iran; and

paragraph (a) hereof.

(b) A n y person actually w ith in the U nited States;
(c) A n y corporation organized under the laws o f
the U nited States or o f any state, te rrito ry , possession
or d is tric t o f the United States; and
(d) A n y

partnership,

association,

corporation

(b) A person specified in paragraph (a)

()
3

o f this

section shall n o t be deemed to fall w ith in the d e fin itio n
o f Iran solely by reason o f being located in, organized
under the laws o f, or having its principal place o f busi­

or

ness in Iran.

other organization wheresoever organized or doing busi­
(iii)

I

Part I.—General Instructions.—Continued
B. D efinitions.—Continued

Examples o f p ro p e rty types

Principle

C u rre n cy and c o i n ........................................

6.

D eposits and cash balances...........................

Balance o f th e

F o re ig n exchange f u t u r e s ...........................

D iffe re n c e between
m a rk e t p rice o f

value.
a cco unt.

c u rre n c y and
p rice spe cifie d in
c o n tra c t.
G oods, m erchandise and o th e r personal
p r o p e r t y ......................................................

value.
e s ta te ............................................................

value.
R o ya ltie s, gas and o i l .....................................

C ap ita lize d value.
M a rk e t o r estim ated

S e curitie s............................................................

M a rk e t o r estim ated

value.
value.

A ll amounts reported should be given in dollars to
the nearest dollar.

1.

property, real, personal or mixed, tangible or intangible,
or interest or interests therein, present, future or con­
tingent.

Valuation date.
Date of loss.

2.

Interest.

M arket or estimated values.

Where market or estimated value is required, enter
the m arket price on the date o f loss, or, if such price is
not available, the estimated value on th a t date. In esti­
mating value, the last sale price or bid, if reasonably
close to the date o f loss, may be used as a basis.

A n y interest o f any nature whatsoever, direct or
indirect.
V A L U A T IO N PRINCIPLES

1. The fo llo w in g table may be used as a guide to valua­
tio n principles fo r various types o f pro pe rty:

3.

D ollar value.

Report claims in U.S. dollars to nearest dollar.
Convert foreign currency values at exchange rate pre­
vailing on date o f loss, as generally quoted by foreign
exchange dealers or other recognized sources of

Principle
Face o r estim ated
value.

C o m m o d itie s , in c lu d in g go ld and
o th e r m e ta ls ...............................................

A v a ila b le a m o u n t.

Franchises and c o n c e s s io n s ........................

trademarks or copyrights, insurance policies, safe deposit
boxes and th e ir contents, annuties, pooling agreements,
contracts o f any nature whatsoever, and any other

Checks, d ra fts , acceptances and notes . .

M a rk e t o r estim ated

L e tte rs o f c r e d it ...............................................

rents, options, negotiable instruments, letters o f credit,
trade acceptances, royalties, book accounts, accounts
payable, judgments, patents, trademarks or copyrights,
contracts or licences affecting or involving patents,

Examples o f p ro p e rty types

M a rk e t o r estim ated

La n d , b u ild in g s and mortgages on real

ships, goods on ships, real estate mortgages, deeds o f
trust, vendors' sales agreements, land contracts, real
estate and any interest therein, leaseholds, ground

C.

Face o r estim ated

P roperty; property interests.

The terms " p ro p e rty " or "p ro p e rty interests," fo r
purposes o f reporting claims on Form TFR -616, shall
include, bu t no t be lim ited to , money, checks, drafts,
b ullion, bank deposits, savings accounts, any debts,
indebtedness obligations, notes, debentures, stocks,
bonds, coupons, any other financial securities, bankers'
acceptances, mortgages, pledges, liens or other rights in
the nature o f security, warehouse receipts, bills o f
lading, tru st receipts, bills o f sale, any other evidence of
title , ownership or indebtedness, powers o f attorney,
goods, wares, merchandise, chattels, stocks on hand,

7.

Face value.

D ebts, cla im s and d e m a n d s ........................

inform ation.

M a rk e t value.

PART I I —
SPECIFIC INSTRUCTIONS
Part A .

by a person subject to the jurisdiction o f the United
States, enter the name, EIN code and other identifying
inform ation on the U.S. parent company.

IN F O R M A T IO N CONCERNING U.S.
C L A IM A N T .

If claim ant is an individual, report social security
number in box at right.

Line 4.

If claim ant is a business firm , report the claimant's
EIN in block at right.

Check box indicating the prim ary business o f the
claimant.

If the claim ant is a foreign firm owned or controlled
(iv)

I

insurance company, surety or similar person. Line 3.a.
refers to submission o f a claim to the Overseas Private
Investment C orporation or some other agency which
may have an obligation to indem nify the claim ant fo r
the loss. It does no t refer to a previous submission
to the Departm ent o f the Treasury or any other agency
o f info rm a tio n on claims against Iran o f the sort that
is required by this fo rm .

Lines 5.-7.
(The Treasury Department is concerned prim arily
w ith claims against Iran by persons subject to the
jurisdiction o f the United States.)

Line 8.
Id e n tify any other person having an interest in the
claim.

Part B.

1.

Part C.

S U M M A R Y OF C LA IM S R EQ U IR E D TO BE
REPORTED.

1.

General.

a.

Claims totals.

Each claim ant is to enter the total o f all its claims and
all the claims o f foreign firm s owned or controlled by

S ubm it a separate Part C on each claim.

b. For example, a separate Part C must be prepared
on each syndicated loan or other bank loan.

it in each category as well as an overall to tal. Part B is
fo r reporting the totals o f all claims by a given claimant.
More detailed info rm a tion on each separate claim is to
be reported in Part C.
2.

SCHEDULE FOR SEPARATE DESCRIPTION
OF C LA IM S .

c.

However, claims o f a given type or involving a

com m on set o f circumstances may be aggregated (e.g., a
single expropriation causing loss of several types of
p roperty).

Category.

d. Claims by a foreign firm owned or controlled by a
U.S. parent company should be reported by the U.S.
parent company on its Form T F R -6 1 6 . A separate
Part C should be included w ith the U.S. parent's Form
T F R -6 1 6 fo r each such claim.

Report the claim fo r the most appropriate or like ly
category by entering am ount fo r claim(s) o f th a t type in
block at right. Enter am ount in whole dollars. (Each
syndicated loan or other bank loan must also be re­
ported on a separate Part C. See instructions fo r
Part C.)

e.
Photocopies of Part C may be used fo r each addi­
tional claim to be reported.

Line 1.a.

Do n o t subm it docum entary evidence.

In the case o f syndicated loans where the United
States bank is a member or the paying agent, report total
principal amount(s) outstanding fo r the syndicate(s) in
the block at left and the reporter's share in the block
to the right. If a default has been declared on any
loan or loans, check "Y e s ." Indicate the to ta l am ount
o f default(s) fo r the syndicate(s) in the block at left
and the reporter's share o f the default(s) in the righthand colum n. (N O TE :
For each syndicated loan in ­
cluded in the am ount reported on line 1.a., prepare a

Line l.a.
Enter SSN or EIN Code fro m Part A . In the case o f
an owned or co ntrolled foreign firm , separate identifying
data on any such foreign firm is to be reported in Part C.
Assign a one-letter code to each such firm and report
foreign firm 's code letter in block marked FFC (foreign
firm code).
In ad dition, the U.S. parent company should submit
a list o f all foreign firm s fo r w hich Part C is being sub­
m itted on a separate sheet o f paper filed w ith its report

separate Part C. R eport the fo llo w in g info rm atio n in
Part C, line 7., regardless o f whether the loan is in de­
fa u lt:
(1) name o f the paying agent, (2) names o f

as follow s:

lenders, and (3) status o f payments.)

Claim ant

Lines l.b. and I.e.

X Y Z Com pany
X Y Z C o m p a n y , L o n d o n subsidiary

Report total am ount outstanding in the block at le ft

E IN Code

F FC Code

12 3-4 5-6 7 89
A

X Y Z C o m p a n y , Ira nian sub sid iary

B

X Y Z C o m p a n y , Paris branch

and the am ount due or in default in the right-hand
colum n.

C

Line 3.

Line 2.

The reporter must enter in lines 3.a. and b. any other
actual or potential compensation w hich the claim aint
may receive from a U.S. government agency or an

Describe claim and enter letter fo r type o f claim
(taken from rig h t margin o f relevant line in Part B) in
box in right-hand colum n.
(v)

Line 7.

Part 11.—Specific Instructions.—Continued
Part

C.

Schedule for Separate
Claims.—Continued

Description

of

Be certain to enter on line 7 fo r each syndicated
loan:

(1) name o f the paying agent,

lenders, and

(2) names o f

(3) status o f payments.

Line 4.
Part D.

Id e n tify the e n tity to the best o f the reporter's
knowledge.

ID E N T IT Y OF PERSON M A K IN G REPORT

A person reporting his own claim need no t f ill ou t
Part D other than to check the box opposite line 3.a.
designated "C la im a n t."

Line 4.c.
A n "agency or in s tru m e n ta lity " is a part o f the
Government o f Iran itself (e.g., Iranian Navy, Post
O ffice, etc.), as opposed to a commercial e n tity such as
Iran A ir or National Iranian O il Company.

P a rtE .

C E R T IF IC A T IO N

The reporting requirement o n ly applies to persons
subject to the jurisdiction o f the United States. Check
th a t claim ant is a person subject to the jurisdiction o f

Line 4.d.
Give a b rief statement o f basis fo r concluding th at
an e n tity is owned or controlled by the Government
o f Iran.

the U nited States in space provided. Be certain no t to
o m it the required ce rtifica tion in Part E.

REPORT N O T V A L ID W IT H O U T C E R T IF IC A T IO N

(vi)

(OMB Clearance N o t Required)

Form TFR -616

CENSUS OF CLAIMS BY U N IT E D STATES PERSONS AG AINST IRAN
Office of Foreign Assets Control
Unit 616
Department of the Treasury
Washington, D.C. 20220

D E A D L IN E :

This form is to be completed and returned to the above address by May 15, 1980.

IM P O R T A N T NO TE: The submission o f th is report does not constitute the filin g w ith the United States Govern­
ment o f a form al claim fo r compensation, nor does it guarantee th at the claim w ill be included in any fu tu re agree­
ment. However, failure to file complete info rm a tion in a tim e ly fashion no t o n ly w ould constitute failure to com ply
w ith the Regulations, it also w ould preclude the inclusion o f info rm a tio n in U.S. government planning and may
therefore be prejudicial to the claim ant and other U.S. claimants.
Form TF R -616 is to be used by all persons required to file reports pursuant to section 535.616 o f T itle 31 of
the Code o f Federal Regulations. BEFORE PREPARING THIS REPORT R EAD THE INSTR U CTIO NS C A R E ­
F U L L Y . A ll inform a tion reported w ill be regarded as privileged and confidential. For assistance, call (202) 376-0968
or 376-0969.

To the Secretary o f the Treasury:
The undersigned, pursuant to section 535.616 o f T itle 31 o f the Code o f Federal Regulations, hereby makes
the fo llo w in g report:

PART A —IN F O R M A T IO N C ONCERNING U.S. C L A IM A N T

EIN/SSN

1.

Name __ ________________________________________________________________________
(F irst)

(Middle)

(Last)

2.

A n y variant name (trade name, etc.) _______________________________________________

3.

Mailing address _______________________________
(Street)

(C ity)

(State o r foreign co untry)

Page 1

Census of Claims by United States Persons Against Iran.—(Form TFR-616)~Continued

4.

Type o f claimant (Check one o f the fo llo w in g ):

CH

B

D

0

......................................................................................................................

O

D

.........................................................................................................................

CH

C

Other b u s in e s s .........................................................................................................................................

Q

T

I n d iv id u a l.................................................................................................................................................

Cl

I

U.S. government agency.........................................................................................................................

CH

G

O ther ( e x p la in ) __________________________________________________________ ._ -_____ _
_

Q

U

Iran

[J

I

U.S.A.

□

U

Other

CD

0

Bank

..........................................................................................................................................................

Oil company

or o ilfie ld services c o m p a n y ....................................................................................

Defense-related industry
C onstruction company

5.

a.

b.
6.

I f claim ant is an individual, state na tion ality:

If "O th e r," specify n a t io n a lit y ____________________________________________________________________ _

If claim ant is a corporation or oth er legal e n tity :
a.

b.

State date and place o f in c o r p o r a tio n _______________________________________________________________

State percentage o f the outstanding capital stock o f all classes or o f other beneficial interest owned, d ire ctly
or ind ire ctly, by persons w ho were U.S. nationals on the date o f loss:

7.

Has there been any change in the n atio n a lity status o f claim ant since the date o f loss?
Yes □
No

I f "Y e s," explain

had any interest in the claim, indicate names and present addresses o f all such parties:

Page 2

Y
N

□

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
P AR T B—S U M M A R Y OF C LA IM S R EQ UIRED TO BE REPORTED.
instructions.
1.

Am ount

Syndicated loans
Total am ount __________________
Claimant's share

Yes

CH

No □
Total

SI

__________________

A n y default(s) declared?

b.

S2
Y

N

am ount ______________________ S3

Claimant's Share ______________________________

S4

O ther bank loans
Total am ount ______________________ B1

c.

See specific

Business Claims
Type

a.

Report value as o f date o f loss.

(Use schedule in Part C fo r reporting claims separately.)

A m o u n t due or in default ______________________ B2

Loans by nonbank companies
Total am ount ________________________ N1

A m o u n t due or in default -------------------------------------- N2

d.

R eceivables........................................................................................................................................................................ R

e.

Losses due to Iranian exchange c o n t r o ls ........................................................................... ......................................... F

f.

Oil company contract d a m a g e s .......................................................................................... ................................ — . 0

g.

Other contract dam ages......................................................................................................... ......................................... K

h.

Other damage c la im s .............................................................................................................. ......................................... D

i.

E xpropriation losses:
(1)
(2)

j.

Loss o f e q u ity, concessions, or going concern v a lu e ............................................ ......................................... E
Loss o f tangible a s s e ts ......................................................................................................................................... T

O t h e r ......................................................................................................................................... ......................................... U
Subtotal 1. -------------------------------- B1

2.

Personal Claims

a.

E xp ro priatio n lo s s e s .............................................................................................................. .......................................... X

b.

Exchange c o n tro ls .............................................................................................................................................................. F

c.

Salaries, receivables, insurance, oth er contractual c la im s ............................................... .......................................... R

d.

Personal inju ry, property damage and other to r t c la im s ...............................................—-------------------------------- I

e.

O t h e r ......................................................................................................................................... ..........................................U
S ubtotal 2. ___________________ B 2
T O T A L (Subtotals 1. plus 2.) ____________________ B 3
Page 3

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
3.

Summary o f actual or potential compensation

a.

Claim(s) filed w ith U.S. government a g e n c y ..................................................................... ......................................... G

b.

Insurance or other indem nity or b e n e f i t .................................................................................................................... I
Total (line 3. a. & b. o n ly ) : ___________________ T
Continue on next page w ith Part C.

Page 4

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PAR T C -S C H E D U L E FOR SEPARATE DESCRIPTION OF C LA IM S

(A ttach separate sheets o r additional copies o f Part C, as needed)
EIN/SSN I I I I I I I I I I
1.

a.

FFC □

Name o f claim ant _____________________________________________________________________________
(First)

b.

(Middle)

(Last)

Is claim fo r a foreign branch, subsidiary or office?
Yes

Y

No
- 2.

□
□

N

Code

_____________________________________________________________
3.

Type o f claim _______________________________________________________________ _ _ _

□

a.

A m o u n t o f loss on this claim __________________________________________________ _
(except syndicated loans)

b.

Syndicated l o a n .......................................................................

T o ta l a m o u n t------------------------------------

S1

Claimant's share------------------------------------

S2

A n y default(s) declared?................................................................................................

Yes

CH

Y

No

□

N

T otal amount ___________________________ S3
Claimant's share
4.

__________________________S4

Iranian e n tity against w hich claim is reported.
a.

Name •________________________________________________________________ _____________________
.
A n y variant name ----------------------------------------------------------------------------.--------- —----- ------------------------------ -

b.

A d d re s s ____________________________________________________________________________________ -

c.

Type o f e n tity.
1.
2.

Iranian government o r agency or instrum entality

3.

D
D

Government controlled e n t i t y .................................................................................

.............................................

M

d

Central Bank o f Iran (Bank Markazi I r a n ) ...........................................................

E

d.

5.

State basis fo r belief th at e n tity is owned or controlled by Government o f Iran:

a.

Date o f Loss _______________________________________________________________________________

b.

Did loss occur on or after October 1, 1 9 7 8 ? ...............................................................

Y

No
Page 5

Yes □

N

□

I

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
6.

Method o f valuation __________________________________________________________________________________
(Enter appropriate principle from Instructions, e.g., "m a rk e t value")

7.

Describe circumstances o f loss and measures w hich caused the loss, including description o f property o r nature
o f business which is the subject o f claim:

9.

Is contract governed by Iranian law?

..............................................................................................

Does contract specify Iranian f o r u m ? ..............................................................................................

Yes

CD

Y

No

8.

□

N

Yes d l Y
No

10.

□

N

Is documentary evidence o f loss available?
(Do not enclose d o cu m e n ts.).............................................................................................................

Yes EH Y
No

11.

a.

On the date o f loss, did you own this claim or any property on w hich

the claim

□

N

Yes

CH

Y

is

based? ...........................................................................................................................................

No

12.

If not, was owner a U.S. person on such d a t e ? .....................................................................

Has the claimant filed an attachment or other judicial p ro ceedings?.......................................

YGS

I l Y1

No

b.

□

□

N

Yes

CD

Y

No
13.

Has claim ant obtained a waiver o f sovereign im m u n ity ? .............................................................

14.

Does claimant hold any property (e.g., bank deposits)

againstwhich aremedy such

.........................................

Y

CD

N

D

Y

CD

N

CD

Yes
No

Page 6

N
0

Yes
No

Is claim liquidated (e.g., specific sum conceded by Iranian e ntity)?

□

as a

set-off can be asserted? ......................................................................................................................

15.

^

Yes
No

N

□

Y
N

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PART D —ID E N T IT Y OF PERSON PREPARING REPORT

1.

Name ____________________________________________

2.

A d d re s s __________________________________________
(Street)

(City)

(State or foreign country)

4.

Relationship to claimant
a.

C la im a n t........................................................................................................................................

CD C

b.

A g e n t ..............................................................................................................................................

CD A

c.

T ru s te e ..........................................................................................................................................

CD^

d.

B a n k e r ...........................................................................................................................................

CD

e.

Insurance C o m p a n y .....................................................................................................................

CD I

f.

O t h e r .............................................................................................................................................

CD 0

B

P AR T E -C E R T IF IC A T IO N

Claimant is a person subject to the jurisdiction o f the United S ta te s ...................................... Check
I

CD

__________________________________________________________________ ___________ ., c e rtify tha t I am the
( T y p e o r P rin t Name)

_____________________________________________________________________________________________________ o f the
(State relationship o f signatory to the person)

(Name o f claim ant)

th a t I am authorized to make this certifica tion , and that, to the best o f m y knowledge and belief, the statements
set fo rth in this report, including any papers attached hereto or filed herew ith, are true and accurate, and th at all
material facts in connection w ith said report have been set fo rth herein.

(Date)

(Signature)

Address __ ____________________________________ _
(Street)

(C ity)

(State)

Person to contact regarding this report:

(Name)

(T e le p h o n e n u m b e r)
Page 7

4

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
P E N A LTIE S:
A tte n tio n is directed to 18 U.S.C. section 1001, which provides:
"Whoever, in any m atter w ith in the jurisd ictio n o f any departm ent or agency o f the
United States, know ingly and w illfu lly falsifies, conceals or covers up by any tric k , scheme, or
device a material fact, or makes any false, fic titio u s o r fraudulent statements or representa­
tions, or makes or uses any false w ritin g o r docum ent knowing the same to contain any false,
fic titio u s or fraudulent statement o r entry, shall be fined n ot more than $10,000 or im ­
prisoned n ot more than five years, or b o th ."
A tte n tio n is also directed to 50 U.S.C. section 1705 w hich provides:
"(a) A civil penalty o f not to exceed $10,000 may be imposed on any person who
violates any license, order, or regulations issued under this title .
(b)
Whoever w illfu lly violates any license, order, o r regulation issued under this title
shall, upon conviction, be fined n o t more than $50,000, or, if a natural person, may be
imprisoned fo r n ot more than ten years, or bo th; and any o ffice r, director, or agent o f any
corporation w ho know ingly participates in such viola tion may be punished by a like fine,
im prisonm ent, or b o th ."

Page 8

(OMB Clearance N o t Required)

Form TFR -616

C E N S U S O F C L A IM S B Y U N I T E D S T A T E S P E R S O N S A G A IN S T IR A N
O ffice o f Foreign Assets C ontrol
U n it 6 1 6
D ep artm en t o f th e Treasury
Washington, D.C.

D E A D L IN E :

20220

This form is to be completed and returned to the above address by May 15, 1980.

IM P O R T A N T N OTE:

The submission o f th is report does no t constitute the filin g w ith the United States Govern­

ment o f a form al claim fo r compensation, nor does it guarantee th a t the claim w ill be included in any fu tu re agree­
ment. However, failure to file complete info rm a tion in a tim e ly fashion no t o n ly w ould constitute failure to comply
w ith the Regulations, it also w ould preclude the inclusion o f info rm a tio n in U.S. government planning and may
therefore be prejudicial to the claim ant and other U.S. claimants.
Form TF R -616 is to be used by all persons required to file reports pursuant to section 535.616 o f T itle 31 of
the Code o f Federal Regulations. BEFORE PREPARING THIS REPORT R EAD THE IN STR U CTIO NS C A R E ­
F U L L Y . A ll inform a tion reported w ill be regarded as privileged and confidential. For assistance, call (202) 376-0968
or 376-0969.

To the Secretary o f the Treasury:
The undersigned, pursuant to section 535.616 o f T itle 31 o f the Code o f Federal Regulations, hereby makes
the fo llo w in g report:

PART A —IN F O R M A T IO N CON CERN IN G U.S. C L A IM A N T

EIN/SSN

1.

I M

I I I I I I I

Name ______________________________________________________________________________________________
(F irst)

(Middle)

(Last)

2.

A n y variant name (trade name, e t c . ) ____________________________________________________________________

3.

Mailing address _______________________________
(Street)

(City)

(State o r foreign co untry)

Page 1

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued

4.

Type o f claimant (Check one o f the fo llo w in g ):
Bank

CD

Oil company

or o ilfie ld services c o m p a n y ......................................................................................

B

CD

..........................................................................................................................................................

0

Defense-related industry

CD

D

C onstruction company

.........................................................................................................................

CD

C

Other b u s in e s s .........................................................................................................................................

CD

T

I n d iv id u a l.................................................................................................................................................

CD

I

U.S. government agency.........................................................................................................................

CD

G

Other (explain) ____________________________________________________________________

CD

U

Iran

CD

I

U.S.A.

□

U

O ther

5.

.......................................................................................................................

CD

0

a.

b.
6.

I f claim ant is an individual, state n a tio n a lity:

If “ O th e r," specify na tionality _____________________________________________________________________

If claimant is a corporation or other legal e n tity :
a.

b.

State date and place o f incorporation _______________________________________________________________

State percentage o f the outstanding capital stock o f all classes o r o f other beneficial interest owned, d ire ctly
or indirectly, by persons w ho were U.S. nationals on the date o f loss:

7.

Has there been any change in the nationality status o f claimant since the date o f loss?
Yes □

Y

No

N

□

If "Y e s ," explain

8.

If any other person, firm , corporation or other e n tity w hich, either at present or since the date o f loss, has o r has
had any interest in the claim, indicate names and present addresses o f all such parties:

Page 2

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PAR T B -S U M M A R Y OF C LA IM S R EQ U IR E D TO BE REPORTED.
instructions.
1.

Amount

Syndicated loans
Total am ount __________________
Claimant's share

Yes
No □

Total

S1

__________________

A ny default(s) declared?

b.

d

S2
Y

N

am ount ______________________ S3

Claimant's Share ______________________________ S4

Other bank loans
Total am ount ______________________ B1

c.

See specific

Business Claims
Type

a.

R eport value as o f date o f loss.

(Use schedule in Part C fo r reporting claims separately.)

A m o u n t due or in default ______________________ B2

Loans by nonbank companies
Total am ount ________________________ N1

A m o u n t due or in default ------------------------------------- N2

d.

R eceivab les........................................................................................................................................................................ R

e.

Losses due to Iranian exchange c o n t r o ls ........................................................................... ......................................... F

f.

Oil company contract d a m a g e s ........................................................................................... ......................................... 0

g.

O ther contract dam ages......................................................................................................... ......................................... K

h.

O ther damage c la im s .............................................................................................................. ......................................... D

i.

E xpropriation losses:
(1)
(2)

j.

Loss o f equity, concessions, or going concern v a lu e ..................................................................................... E
Loss o f tangible a s s e ts ......................................................................................................................................... T

O t h e r ................................................................................................................................................................................... U
Subtotal 1. ___________________ B1

2.

Personal Claims

a.

E xpro priatio n lo s s e s .............................................................................................................. ....................................... — X

b.

Exchange c o n tro ls .............................................................................................................................................................. F

c.

Salaries, receivables, insurance, other contractual c la im s ............................................... .......................................... R

d.

Personal inju ry, property damage and other to r t c la im s ......................................................................................—

e.

O t h e r ......................................................................................................................................... .......................................... U

1

S ubtotal 2. ___________________ - B 2
T O T A L (Subtotals 1. plus 2.) -------------------------------- B 3
Page 3

Census of Claims by United States Persons Against lra n .-(F o rm T FR -616)-C ontinued
3.

Summary of actual or potential compensation

a.

Claim(s) filed w ith U.S. government a g e n c y ..................................................................... ......................................... G

b.

Insurance or other indem nity or b e n e f i t ........................................................................... ......................................... I
Total (line 3. a. & b. o n ly ) : ___________________ T
Continue on next page w ith Part C.

Page 4

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PART C -S C H E D U L E FOR SEPARATE DESCRIPTION OF C LA IM S

(A ttach separate sheets o r additional copies o f Part C, as needed)
E IN /S S N .......................I I I I
1.

a.

Name o f claim ant ______ ____ __ ______________________________________________ — _____ .________
(First)

b.

FFC □

(Middle)

(Last)

Is claim fo r a foreign branch, subsidiary or office?
Yes

Y

No
-2 .

□
□

N

3.

Type o f claim _____________________________________________________________________

Code

_____________________________________________________________

□

a.

A m o u n t o f loss on this claim ___________________________________________________
(except syndicated loans)

b.

Syndicated l o a n .......................................................................

Total a m o u n t------------------------------------

S1

Claimant's share------------------------------------

S2

Yes

CD

No

A n y default(s) declared?................................................................................................

□

Y
N

Total amount __________________________S3
Claimant's share __________________________S4
4.

Iranian e n tity against which claim is reported.
a.

Name ^__________________________________________________________ ______ ______________________
A ny variant name __________________________________________________________—
----------------------------

b.

Address _____________________________________ _______________________________________________

c.

Type o f en tity.
1.
2.

Iranian government or agency or instrum entality

3.

D M
CD I

Central Bank o f Iran (Bank Markazi Iran) ...........................................................

Government controlled e n t i t y .................................................................................

.............................................

CD

d.

5.

State basis fo r belief that e n tity is owned or controlled by Government o f Iran:

a.

Date o f L o s s _______________________________________________________________________________

b.

Page 5

Yes

CD

Y

No

Did loss occur on or after October 1, 1 9 7 8 ? ...............................................................

□

N

E

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
6.

Method o f valuation ___________________________________________________________________________________
(Enter appropriate p rinciple from Instructions, e.g., "m a rk e t value” )

7.

8.

Describe circumstances o f loss and measures w hich caused the loss, including description o f p roperty or nature
o f business which is the subject o f claim:

Is contract governed by Iranian law?

.............................................................................................

E Y
H

Yes
No

9.

Does contract specify Iranian f o r u m ? .............................................................................................

□

Yes

E Y
H

No
10.

□

N

N

Is documentary evidence o f loss available?

11.

a.

On the date o f loss, did you own this claim or any property on w hich
the claim is
based? ...........................................................................................................................................

Yes

E Y
H

No

(Do not enclose d o cu m e n ts.).............................................................................................................

□

Yes

E Y
H

No

□

N

N

12.

I f not, was owner a U.S. person on such d a t e ? .....................................................................

Has the claimant filed an attachment or other judicial p ro ce e d in g s? .......................................

Vpc

I I Y

No

b.

□

Yes

E Y
H

L 1 '
—

No
13.

Has claimant obtained a waiver o f sovereign im m u n ity ? .............................................................

Does claimant hold any property (e.g., bank deposits)against
set-off can be asserted?

......................................................................................................................

Is claim liquidated (e.g., specific sum conceded by Iranian e ntity)?

........................................

E Y
H

Yes
□

Yes
No

Page 6

□ N

which aremedy such as a

No
15.

N

E Y
H

Yes

No
14.

□

N

N
EH Y

□

N

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PAR T D—ID E N T IT Y OF PERSON PREPARING REPORT

1.

Name ____________________________________________

2.

A d d re s s __________________________________________
(Street)

(C ity)

(State o r foreign co untry)

4.

Relationship to claimant
a.

C la im a n t........................................................................................................................................

CD C

b.

A g e n t..............................................................................................................................................

CD A

c.

T ru s te e ..........................................................................................................................................

CD T

d.

B a n k e r ...........................................................................................................................................

CD

e.

Insurance C o m p a n y .....................................................................................................................

CD*

f.

O t h e r .............................................................................................................................................

CD O

B

P AR T E -C E R T IF IC A T IO N

Claimant is a person subject to the jurisdiction o f the United S ta te s ...................................... Check
I , ________________________________________________________________________________

CD

c e rtify th a t I am the

( T y p e o r P rin t Name)

_____________________________________________________________________________________________________ o f the
(State relationship o f signatory to the person)

(Name o f claimant)

th a t I am authorized to make this ce rtifica tio n , and that, to the best o f m y knowledge and belief, the statements
set fo rth in this report, including any papers attached hereto or filed herewith, are true and accurate, and th a t all
material facts in connection w ith said report have been set fo rth herein.

(Date)

(Signature)

A d d re ss____________________________________ _ _
(Street)

(City)

(State)

Person to contact regarding this report:

(Name)

(T e le p h o n e n u m b e r)
Page 7

Census of Claims by United States Persons Against Iran.—(Form T FR -616)-C ontinued
PEN A LTIE S:
A tte n tio n is directed to 18 U.S.C. section 1001, which provides:
"Whoever, in any m atter w ith in the jurisd ictio n o f any department o r agency o f the
United States, kn ow in gly and w illfu lly falsifies, conceals or covers up by any tric k , scheme, or
device a material fact, o r makes any false, fic titio u s or fraudulent statements or representa­
tions, o r makes or uses any false w ritin g o r docum ent knowing the same to contain any false,
fic titio u s or fraudulent statement o r entry, shall be fined n ot more than $10,000 or im­
prisoned n ot more than five years, or b o th ."
A tte n tio n is also directed to 50 U.S.C. section 1705 w hich provides:
"(a) A civil penalty o f n ot to exceed $10,000 may be imposed on any person w ho
violates any license, order, o r regulations issued under this title .
(b)
Whoever w illfu lly violates any license, order, o r regulation issued under this title
shall, upon conviction, be fined no t more than $50,000, or, if a natural person, may be
imprisoned fo r no t more than ten years, o r both; and any o ffice r, director, or agent o f any
corporation who know ingly participates in such violation may be punished by a like fine,
imprisonm ent, or b o th ."

Page 8

(OMB Clearance N o t Required)

Form TFR -616

CENSUS OF CLAIMS BY U N ITE D STATES PERSONS AG AINST IRAN
O ffice o f Foreign Assets C ontrol
U n it 6 1 6
D ep artm en t o f th e Treasury
Washington, D.C.

D E A D L IN E :

20220

This form is to be completed and returned to the above address by May 15, 1980.

IM P O R T A N T NO TE: The submission o f this report does no t constitute the filin g w ith the United States Govern­
ment o f a form al claim fo r compensation, nor does it guarantee th a t the claim w ill be included in any fu tu re agree­
ment. However, failure to file complete info rm atio n in a tim e ly fashion no t o n ly w ould constitute failure to com ply
w ith the Regulations, it also w ould preclude the inclusion o f info rm atio n in U.S. government planning and may
therefore be prejudicial to the claim ant and other U.S. claimants.
Form TF R -616 is to be used by all persons required to file reports pursuant to section 535.616 o f T itle 31 of
the Code o f Federal Regulations. BEFORE PREPARING THIS REPORT READ THE INSTR U CTIO NS C AR E ­
F U L L Y . A ll inform a tion reported w ill be regarded as privileged and confidential. For assistance, call (202) 376-0968
or 376-0969.

T o the Secretary o f the Treasury:
The undersigned, pursuant to section 535.616 o f T itle 31 o f the Code o f Federal Regulations, hereby makes
the fo llo w in g report:

PAR T A —IN F O R M A T IO N C ONCERNING U.S. C L A IM A N T

EIN/SSN

1.

I I I I I ! i 1 I J

Name ______________________________________________________________________________________________ _
(F irst)

(Middle)

(Last)

2.

A n y variant name (trade name, etc.) ____________________________________________________________________

3.

Mailing address _______________________________
(Street)

(City)

(State o r foreign co untry)

Page 1

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued

4.

Type o f claimant (Check one o f the fo llo w in g ):
Bank

CD

.........................................................................................................................................................

B

Oil company or o ilfie ld services c o m p a n y ........................................................................................

CD 0

Defense-related industry

......................................................................................................................

CD

D

.........................................................................................................................

CD

C

O ther b usin e ss .........................................................................................................................................

CD

T

I n d iv id u a l.................................................................................................................................................

CD

I

U.S. government a gency.........................................................................................................................

CD G

O ther (explain) ____________________________________________________________________

CD

C onstruction company

U

b.
6.

I f claim ant is an individual, state n a tio nality:

CD

I

□

U

Other

a.

Iran
U.S.A.

5.

CD 0

I f "O th e r,” specify na tionality _____________________________________________________________________

If claimant is a corporation or other legal e n tity :
a.

b.

State date and place o f incorporation _______________________________________________________________

State percentage o f the outstanding capital stock o f all classes or o f other beneficial interest owned, d ire ctly
o r indirectly, by persons w ho were U.S. nationals on the date o f loss: ____________________________________

7.

Has there been any change in the nationality status o f claimant since the date o f loss?
Yes □

Y

No

N

□

I f "Y e s ," explain __________________________________________________________________________________

8.

If any other person, firm , corporation or other e n tity w hich, either at present or since the date o f loss, has or has
had any interest in the claim, indicate names and present addresses o f all such parties:

Page 2

7

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
P ART B -S U M M A R Y OF C LA IM S R EQ U IR E D TO BE REPORTED.
instructions.
(Use schedule in Part C fo r reporting claims separately.)
1.

Am ount

Syndicated loans
Total am ount __________________
Claimant's share

Yes
No □

T otal

S1

__________________

A n y default(s) declared?

b.

D

S2
Y

N

am ount ______________________ S3

Claimant's Share ______________________________ S4

O ther bank loans
Total am ount ______________________ B1

c.

See specific

Business Claims
Type

a.

Report value as o f date o f loss.

A m o u n t due or in d efault ______________________ B2

Loans by nonbank companies
Total am ount ________________________ N1

A m o u n t due or in default ______________________

N2

d.

R eceiva ble s........................................................................................................................................................................ R

e.

Losses due to Iranian exchangec o n t r o ls ............................................................................ ......................................... F

f.

Oil company contract d a m a g e s ........................................................................................... ......................................... 0

g.

O ther contract dam ages.................................................................................................................................................. K

h.

O ther damage c la im s .............................................................................................................. ......................................... D

i.

E xpropriation losses:
(1)
(2)

j.

Loss o f equity, concessions, or going concern v a lu e ............................................. ......................................... E
Loss o f tangible a s s e ts ......................................................................................................................................... T

O t h e r ................................................................................................................................................................................. . U
Subtotal 1. ___________________ B1

2.

Personal Claims

a.

E xpropriation lo s s e s .............................................................................................................. ......................................... X

b.

Exchange c o n tro ls ................................................................................................................... .......................................... F

c.

Salaries, receivables, insurance, other contractual c la im s ............................................................................................ R

d.

Personal injury, property damage and other to r t c la im s .......................................................................................... I

e.

O t h e r ......................................................................................................................................... .................................... U
Subtotal 2. ___________________ B 2
T O T A L (Subtotals 1. plus 2.) ___________________ B 3
Page 3

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
3.

Summary of actual or potential compensation

a.

Claim(s) filed w ith U.S. government a g e n c y..................................................................... ......................................... G

b.

Insurance or other indem nity or b e n e f i t ........................................................................... ......................................... I
Total (line 3. a. & b. o n ly ) : ___________________ T
Continue on next page w ith Part C.

Page 4

A.

.

T

•
Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PART C -S C H E D U L E FOR SEPARATE DESCRIPTION OF CLAIM S

(A ttach separate sheets o r additional copies o f Part C, as needed)
EIN/SSN I I I I I I I I I I
1.

a.

Name o f claim ant _____________________________________________________________________________
(First)

b.

FFC □

(M iddle)

(Last)

Is claim fo r a foreign branch, subsidiary or office?
Yes

Y

No
-2 .

□
□

N

Code

_____________________________________________________________
3.

Type o f claim _____________________________________________________________________

□

a.

A m o u n t o f loss on this claim ___________________________________________________
(except syndicated loans)

b.

Syndicated l o a n .......................................................................

Total amount______________________ SI

«
*
Claimant's share_____________________
A n y default(s) declared?................................................................................................

Yes

dl

No

□

S2
Y
N

T otal am ount __________________________S3
Claimant's share __________________________S4
4.

Iranian e n tity against which claim is reported.
a.

Name ■_______________________________________________________________________________________
A n y variant name __________________________________________________ _________________________

b.

A d d re s s _____________________________________________________________________________________

c.

Type o f e n tity.
1.

Central Bank o f Iran (Bank Markazi Iran) ..........................................................

D M

2.

Iranian government or agency or instrum entality

□

3.

Government controlled e n t i t y ................................................................................

.............................................

I

EH E

d.

5.

State basis fo r belief that e n tity is owned o r controlled by Government o f Iran:

a.

Date o f L o s s ________________________________________________________________________________

b.

Did loss occur on or after October 1, 1 9 7 8 ? ...............................................................

Y

No
Page 5

Yes O

N

□

T

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
6.

Method o f valuation __________________________________________________________________________________
(Enter appropriate principle from Instructions, e.g., "m a rk e t value” )

7.

Describe circumstances o f loss and measures which caused the loss, including description o f property o r nature
o f business which is the subject o f claim:

9.

Is contract governed by Iranian law?

................................................................................................

Does contract specify Iranian f o r u m ? ................................................................................................

Yes

E Y
H

No

8.

□

Yes

E Y
H

No
10.

□

N

N

Is docum entary evidence o f loss available?

11.

a.

On the date o f loss, did you own this claim or any p roperty on w hich

the claim

Yes

E Y
H

No

(Do n ot enclose d o cu m e n ts.)...............................................................................................................

□

Yes

E Y
H

is

based? .............................................................................................................................................

No
b.

I f not, was owner a U.S. person on such d a t e ? ....................................................................

Has the claimant filed an attachment or other judicial p ro ceedings? ............ ...........................

Has claim ant obtained a waiver o f sovereign im m u n ity ? .............................................................

Does claimant hold any property (e.g., bank deposits)

against which aremedy such

□

N

E Y
H
□

N

........................................

E Y
H

Yes
□

Yes
No

Page 6

E Y
H

Yes

No
Is claim liquidated (e.g., specific sum conceded by Iranian entity)?

N

as a

set-off can be asserted? ......................................................................................................................

15.

□

Yes

No
14.

N

1
—1

No
13.

□

Y ec I 1 Y
No

12.

N

N
Q

□

Y
N

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PAR T D—ID E N T IT Y OF PERSON PREPARING REPORT

1.

Name ____________________________________________

2.

Address __________________________________________
(Street)

(City)

(State o r foreign c o untry)

4.

Relationship to claimant
a. C la im a n t..........................................................................................................................................

IJ C

b. A g e n t................................................................................................................................................

[~~| A

c. T ru s te e .............................................................................................................................................

[~~l T

d.

B a n k e r ...........................................................................................................................................

I IB

e. Insurance C o m p a n y ........................................................................................................................

Q l

f.

O t h e r ...............................................................................................................................................

D O

PAR T E -C E R T IF IC A T IO N

Claimant is a person subject to the jurisdiction o f the U nited S ta te s ...................................... Check Q
I __________________________________________________________________________________ _ c e rtify th a t I am the
( T y p e o r P rin t Name)

. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------- - o f the
(State relationship o f signatory to the person)

(Name o f claimant)

th a t I am authorized to make this ce rtifica tion , and that, to the best o f m y knowledge and belief, the statements
set fo rth in this report, including any papers attached hereto or filed herew ith, are true and accurate, and th a t all
material facts in connection w ith said report have been set fo rth herein.

(Date)

(Signature)

A d d re ss____________________________________
(Street)

(C ity)

(State)

Person to contact regarding this report:

(Name)

(T eleph one nu m b e r)
Page 7

Census of Claims by United States Persons Against Iran.—(Form T F R -6 1 6 )—Continued
PENALTIES:
A tte n tio n is directed to 18 U.S.C. section 1001, which provides:
"Whoever, in any m atter w ith in the jurisd ictio n o f any department o r agency o f the
U nited States, know ingly and w illfu lly falsifies, conceals or covers up by any tric k , scheme, or
device a material fact, o r makes any false, fic titio u s o r fraudulent statements or representa­
tions, o r makes or uses any false w ritin g or docum ent knowing the same to contain any false,
fic titio u s or fraudulent statement o r e ntry, shall be fined no t more than $10,000 or im ­
prisoned n ot more than five years, o r b o th ."
A tte n tio n is also directed to 50 U.S.C. section 1705 w hich provides:
"(a) A civil penalty o f n ot to exceed $10,000 may be imposed on any person who
violates any license, order, o r regulations issued under this title .
(b)
Whoever w illfu lly violates any license, order, o r regulation issued under this title
shall, upon conviction, be fined no t more than $50,000, or, if a natural person, may be
imprisoned fo r n ot more than ten years, or bo th; and any o ffice r, director, or agent o f any
corporation w ho know ingly participates in such violation may be punished by a like fine,
imprisonm ent, or b o th ."

Page 8


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102