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FE D E R A L R ESER VE BANK O F N EW YO RK Fiscal Agent of the United States [ Circular No. 8 8 0 2 " ! April 17, 1980 J AMENDMENTS TO IRANIAN ASSETS CONTROL REGULATIONS T o A l l B a n k in g I n s titu tio n s in th e S e c o n d F e d e r a l R e s e r v e D i s t r i c t : Enclosed are new amendments to the Iranian Assets Control Regulations issued by the Office of Foreign Assets Control of the United States Treasury Department. Additional Prohibitions on Dealings w ith Iran The first set of amendments, effective April 7, 1980, imposes new controls on financial trans actions involving Iran, Iranian governmental entities, and persons in Iran. These new controls, which are contained in new Sections 535.206, 535.422, and 535.423, concern: (1) Prohibitions against banks making available “any new deposit facilities” or allowing substantial increases in existing non-dollar deposits. (2) Prohibitions on extending terms of payment more favorable than customarily used in international commercial transactions. (3) A requirement that all rights of creditors against Iran, Iranian governmental entities, or persons in Iran be exercised in a businesslike manner whenever payments on existing credits or loans are not made in a timely manner. The above prohibitions and requirement apply to all United States banks and to their foreign branches and subsidiaries. Also included in the first set of-amendments are prohibitions against the following types of trade, shipping, and service transactions with Iran: (1) The sale, supply, or other transfer of any items, commodities or products (except food, medicine, or supplies intended strictly for medical purposes, and donations of clothing) directly or indirectly, regardless of origin, 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 an enterprise carried on in Iran. (2) The shipment by any United States registered, owned, or controlled vehicle, or carriage by land across the United States, of any of the above items, commodities, or products. (3) The shipment of such items from the United States on vessels or aircraft of Iranian registry. (4) The engaging, by any person subject to the jurisdiction of the United States, in any service con tract in support of industrial projects in Iran (except pre-effective-date contracts or those concerned with med ical services). The above trade, shipping, and service prohibitions apply to all persons subject to the jurisdic tion of the United States wherever located, except nonbanking foreign subsidiaries of United States firms. These prohibitions are in addition to the sanctions previously imposed under Section 535.201. ( over) Census of Blocked Iranian Assets The second set of amendments imposes reporting requirements with respect to blocked Iran ian assets and claims by United States nationals against Iran. Reports must be filed on Form TFR-615 on or before May 15, 1980 with respect to any blocked Iranian assets held between November 14, 1979 and March 31, 1980 by any person subject to the jurisdiction of the United States. Reports must be filed on Form TFR-616 on or before May 15, 1980 with respect to claims by United States nationals against Iran or Iranian entities that arose before April 15, 1980. A copy of Form TFR-615 and of Form TFR-616, and instructions for their use, are also en closed for member banks. Additional copies may be obtained from our Foreign Department (Tel. No. 212-791-8933). Inquiries regarding the amendments should be directed to Ernest T. Patrikis, Deputy Gen eral Counsel (Tel. No. 212-791-5022), Don N. Ringsmuth, Assistant General Counsel (Tel. No. 212-791-5007), or John Hopkins Heires, Adviser, Foreign Function (Tel. No. 212-791-6816). Inquiries regarding Forms TFR-615 and TFR-616 should be directed to Mr. Loren Dohm of the Office of Foreign Assets Control, Department of the Treasury (Tel. No. 202-376-0923). A nthony M. S o l o m o n , President. 24408 Federal Register / Vol. 45, No. 70 / Wednesday, April 9,1980 / Rules and Regulations DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 535 Iranian Assets Control Regulations; Census of Blocked Iranian Assets and Claims Against Iran and Iranian Entitles AGENCY: Control. a c t io n : Office of Foreign Assets Final rule. SUMMARY: The Office of Foreign Assets Control is amending the Iranian Assets Control Regulations by the addition of § § 535.615 and 535.616 providing respectively for a census of blocked Iranian assets and a census of claims against Iran and Iranian entities. The purpose of the amendment 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 jurisdiction of the United States between November 1 4 ,1 9 7 9 and March 31, I960; and (2) under § 535.616 with respect to claims by U.S. nationals against Iran and Iranian entities. The need for § 535.615 is to obtain information on blocked assets, on a one time basis, for planning purposes 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 entities in order to further the purposes of Executive Order No. 12170 and the Regulations. EFFECTIVE DATE: A p ril 9, 1980. FOR FURTHER INFORMATION CONTACT: D e n n is M. O ’C on n ell, C h ie f C o u n sel, O ffic e o f F oreign A s s e ts C ontrol, D ep a rtm en t o f th e T reasu ry, W a sh in g to n , D.C. 20220, (202) 376-0236. SUPPLEMENTARY INFORMATION: S a m p le s o f Form s T F R -615 a n d T F R -616 w ith in str u c tio n s a p p ea r in an a p p e n d ix to th is a m en d m en t. C o p ie s o f the form s w ith rep ortin g in stru ctio n s are b ein g d istr ib u te d through the F ed era l R e se r v e S y ste m to a ll m em b er b a n k s. O th er p e r so n s req u ired to report or o th e r w is e in te r e ste d in o b ta in in g c o p ie s o f th e form s a n d in stru ctio n s m a y d o s o b y a p p ly in g to th e n e a r e st F ed era l R e se r v e B ank or to th e O ffic e o f F oreign A s s e ts C ontrol, D ep a rtm en t o f th e T reasu ry, W a sh in g to n D.C. 20220. Form s are to b e c o m p le te d in trip lica te a n d tw o c o p ie s are to b e retu rn ed in a s e t to eith e r U n it 615 or U n it 616, a s ap p rop riate, O ffic e o f F oreign A s s e t s C ontrol, D ep artm en t o f th e T reasu ry, W a sh in g to n , D.C. 20220 b y M a y 1 5 ,1 9 8 0 . O b s e r v a n c e o f th e filn g d e a d lin e is e x tr e m e ly im portant. R ep ortin g u n d er th e s e s e c tio n s is m an d atory, a n d n o e x te n s io n s o f th e filin g d e a d lin e w ill b e g r a n te d T h e su b m iss io n o f a Form T F R -616 report o n a cla im a g a in s t Iran or an Iran ian e n tity d o e s n o t c o n stitu te th e filin g w ith th e U n ite d S ta te s G o v ern m en t o f a form al cla im for c o m p e n sa tio n . N o d e c is io n h a s y e t b e e n r e a c h e d on w h e th e r a form al c la im s a d ju d ic a tio n program w ill b e e sta b lis h e d . It sh o u ld b e n o ted , h o w e v e r , th at failu re to file c o m p le te in form ation w ith r e sp e c t to c la im s in a tim e ly fa s h io n n o t o n ly w o u ld c o n stitu te failu re to c o m p ly w ith th e R eg u la tio n s, bu t w o u ld a ls o p r e c lu d e th e in c lu sio n o f th e in form ation in U .S. G o v ern m en t p lan n in g. S u ch a failu re m a y th erefore b e p reju d icia l to th e in te r e sts o f th e cla im a n t a n d o th er U .S . c la im a n ts. E sp o u sa l o f c la im s o f U .S . n a tio n a ls a g a in st a foreign g o v ern m en t is in the d is c r e tio n o f th e S e c r e ta r y o f S ta te. S in c e th is a m e n d m e n t in v o lv e s a foreign a ffa irs fu n ctio n , th e p r o v is io n s o f th e A d m in istr a tiv e P roced u re A ct, 5 U .S.C . 553, requiring n o tic e o f p r o p o se d rulem ak in g, o p p o rtu n ity for p u b lic p a rticip a tio n a n d d e la y in e ffe c tiv e d a te are in a p p lic a b le . 31 CFR Part 535 is a m e n d e d a s fo llo w s: 1. S e c tio n 535.615 is a d d e d a s fo llo w s: § 535.615 Reports on Form TF R -6 1 5 . (a) Requirement for report. R ep orts on Form T F R -615 are h e r e b y req u ired to b e filed on or b e fo r e M a y 1 5 ,1 9 8 0 , in the m an n er p r e sc r ib e d h erein , w ith r e sp e c t to a ll p rop erty su b je c t to th e ju risd ictio n o f th e U n ite d S ta te s or in th e p o s s e s s io n or con trol o f a n y p e r so n su b je c t to the ju risd ictio n o f th e U n ite d S ta te s at a n y tim e b e tw e e n th e e ffe c tiv e d a te a n d M arch 3 1 ,1 9 8 0 , in w h ic h Iran or an Iranian e n tity h a s or h a s h a d a n y in terest. (1) Who must report. R ep orts on Form T F R -615 m u st b e file d b y e a c h o f the follo w in g : (i) A n y p e r so n su b ject to th e ju risd ictio n o f th e U n ite d S ta te s or h is s u c c e s so r , w h o on th e e ffe c tiv e d a te or a n y su b s e q u e n t d a te up to an d in clu d in g M arch 3 1 ,1 9 8 0 , h a d in h is c u sto d y , p o s s e s s io n or con trol, d ir e c tly or in d irectly , in trust or o th e r w ise , p rop erty in w h ic h th ere w a s a n y d irect or in d irect in te r e st o f Iran or a n y Iran ian e n tity , w h e th e r or n o t th e p rop erty c o n tin u e d to b e h e ld b y th at p e r so n on M arch 31, 1980; an d (ii) A n y b u s in e s s or n o n -b u s in e s s e n tity in th e U n ite d S ta te s in w h ic h Iran or a n Iran ian e n tity h e ld a n y fin a n c ia l in te r e st o n th e e ffe c tiv e d a te or on a n y su b s e q u e n t d a te. (2) Property not required to be reported. A report o n Form T F R -615 is n o t req u ired w ith r e sp e c t to: (i) P rop erty o f a p r iv a te Iran ian n ation al; a n d (ii) P a te n ts, c o p y rig h ts, trad em ark s a n d in v e n tio n s; Provided, however, T h a t a rep ort is req u ired w ith r e sp e c t to a n y r o y a ltie s d u e a n d u n p a id in c o n n e c tio n w ith su c h p rop erty. (b) Filing Form TFR-615. R ep orts on Form T F R -615 sh a ll b e p rep ared in trip lica te. O n or b e fo r e M a y 1 5 ,1 9 8 0 , tw o c o p ie s sh a ll b e se n t in a s e t to U n it 615, O ffic e o f F oreign A s s e t s C ontrol, D ep a rtm en t o f th e T reasu ry, W a sh in g to n , D .C . 20220. T h e third c o p y m u st b e r e ta in e d w ith th e rep orter’s reco rd s. (c) Certification. E very report o n Form T F R -615 sh a ll c o n ta in th e c e r tific a tio n req u ired in Part F o f th e Form . F ailu re to c o m p le te th e c e r tific a tio n sh a ll ren d er th e rep ort in e ffe c tiv e , a n d the s u b m iss io n o f su c h a rep ort sh a ll n o t c o n stitu te c o m p lia n c e w ith th is se c tio n . (d) Confidentiality of reports. R ep orts o n Form T F R -615 are reg a rd ed a s p riv ile g e d a n d c o n fid e n tia l. 2. S e c tio n 535.616 is a d d e d a s fo llo w s: § 535.616 Reports on Form TF R -6 1 6 . (a) Requirement for reports. R ep orts on Form T F R -616 are h e r e b y req u ired to b e file d o n or b e fo r e M a y 1 5 ,1 9 8 0 , in th e m an n er p r e sc r ib e d h erein , w ith r e sp e c t to c la im s for lo s s e s d u e to ex p ro p ria tio n , n a tio n a liz a tio n , or oth er tak in g o f p rop erty or b u s in e s s e s in Iran, in clu d in g a n y s p e c ia l m e a s u r e s su c h a s Iran ian e x c h a n g e c o n tr o ls d irected a g a in s t su ch p rop erty or b u sin e sse s ; c la im s for d e b t d e fa u lts, for d a m a g e s for b r e a c h o f c o n tr a c t or sim ila r d a m ages; an d p e r so n a l c la im s for s a la r ie s or for injury to p e r so n or prop erty. (b) Who must report. R ep orts on Form T F R -616 m u st b e filed b y e v e r y p e r so n su b je c t to th e ju risd ictio n o f th e U n ite d S ta te s w h ic h h a d a cla im a g a in st Iran or an Iranian e n tity w h ic h a r o se b e fo r e A p ril 1 5 ,1 9 8 0 . N o report is to b e su b m itted b y a U .S . b ra n ch o f a foreign firm n o t o w n e d or c o n tr o lle d b y a p e r so n su b je c t to th e ju risd ictio n o f the U n ite d S ta te s or b y a n o n r e sid e n t a lie n . (c) Filing Form TFR-616. R ep orts on Form T F R -616 sh a ll b e p rep a red in trip licate. O n or b e fo r e M a y 1 5 ,1 9 8 0 , tw o c o p ie s sh a ll b e se n t in a s e t to U n it 616, O ffic e o f F oreign A s s e t s C ontrol, D ep a rtm en t o f th e T reasu ry, W a sh in g to n , D.C. 20220. T h e third co p y ( over) Federal Register / Vol. 45, No. 70 / Wednesday, April 9, 1980 / Rules and Regulations must be retained with the reporter’s record. (d) Certification. Every report on Form TFR-616 shall contain the certification required on Part E of the Form., Failure to complete the certification shall render the report ineffective, and the submission of such a report shall not constitute compliance with this section. (e) Confidentiality of reports. Reports on Form TFR-616 are regarded as privileged and confidential. (Secs. 201-207, 91 Stat. 1626, 50 U.S.C. 17011706; E.O. No. 12170, 44 FR 65729) Dated: April 7,1980. Stanley L. Sommerfield, D ir e c to r . Approved: Richard ). Davis, A s s i s t a n t S e c r e ta r y . 24409 m\ a W ednesday April 9, 1980 Part VIII Department of the Treasury_________ Office of Foreign A ssets Control Imposing Additional Prohibitions on Dealings With Iran 24432 Federal Register / Vol. 45, No. 70 / Wednesday, April 9, 1980 / Rules and Regulations DEPARTMENT OF THE TREASURY Office of Foreign Assets Control 31 CFR Part 535 Iranian Assets Control Regulations; Additional Prohibitions Office of Foreign Assets Control, Treasury. AGENCY: ACTION: F in al rule. SUMMARY: T h e O ffic e o f F oreign A s s e ts C on trol is am en d in g the Iranian A s s e ts C on trol R e g u la tio n s. T he p u rp ose o f the a m e n d m e n t is to im p o se a d d itio n a l p ro h ib itio n s on d e a lin g s w ith Iran. T he n e e d for the a m e n d m e n t is to im p lem en t th e p r o v isio n s o f E x e c u tiv e O rder N o. 12205, sig n e d b y the P resid en t on A pril 7 ,1 9 8 0 . T he e ffe c t o f the a m e n d m e n t is that e x p o r ts to Iran, e x c e p t th o se in v o lv in g food , m e d ic in e , m e d ic a l su p p lie s, or d o n a tio n s o f cloth in g in te n d e d to b e u se d to r e lie v e hu m an suffering, are proh ib ited : re str ic tio n s are p la c e d on the sh ip m en t o f g o o d s to Iran; re str ic tio n s are p la c e d on n e w se r v ic e c o n tr a c ts w ith Iran; an d re str ic tio n s are p la c e d on v a r io u s fin a n c ia l tr a n sa c tio n s to w h ic h Iran is a party. EFFECTIVE DATE: A p ril 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, W a sh in g to n , D.C. 20220, T el. 2 0 2 /3 7 0 0236. SUPPLEMENTARY i n f o r m a t i o n : S in c e the re g u la tio n s in v o lv e a fo reig n affairs fu n ction , th e p r o v is io n s o f th e A d m in istr a tiv e P roced u re A ct, 5 U .S.C . 553, requiring n o tic e o f p r o p o se d rule m aking, op p ortu n ity for p u b lic p a r tic ip a tio n a n d d e la y in e ffe c tiv e d a te are in a p p lic a b le . T h e U n ite d N a tio n s S e c u r ity C ou n cil v o te d 1 2 -0 on D e c e m b e r 3 1 ,1 9 7 9 to im p o se e c o n o m ic s a n c tio n s on Iran if th e A m e r ic a n h o s ta g e s w e r e n o t freed b y January 7 ,1 9 8 0 . A r e so lu tio n m a n d a tin g e c o n o m ic sa n c tio n s w a s a c te d u p on b y th e S ecu rity C ou n cil o f th e U n ite d N a tio n s on January 1 3 ,1 9 8 0 an d w o u ld h a v e b e e n a d o p te d but for th e v e to c a s t b y th e S o v ie t U n ion . T h e r e so lu tio n c a lle d u p on all co u n tr ie s to: a. P rev en t the s a le or su p p ly b y their n a tio n a ls or from their territories, w h e th e r or n o t o rigin atin g in their territories, to or d e stin e d for Iranian g o v e r n m e n ta l e n titie s in Iran or a n y o th er p e r so n or b o d y in Iran, or to or d e s tin e d for a n y oth er p e r so n or b o d y for the p u r p o se s o f a n y en terp rise carried on in Iran, o f a ll item s, c o m m o d itie s or p rod u cts, e x c e p t food , m e d ic in e a n d su p p lie s in te n d e d strictly for m e d ic a l p u rp oses: b. P rev en t th e sh ip m en t b y v e s s e l, aircraft, r a ilw a y , or o th er la n d transport o f their reg istra tio n or o w n e d b y or un d er charter to their n a tio n a ls or the carriage w h e th e r or n o t in b o n d b y la n d tran sp ort fa c ilitie s a c r o ss their territories o f a n y o f th e item s, c o m m o d itie s, an d p ro d u cts c o v e r e d b y su b p aragrap h (a) w h ic h are c o n sig n e d to or d e stin e d for Iranian g o v ern m en ta l e n titie s or a n y p e r so n or b o d y in Iran, or to a n y en terp rise carried on in Iran; c. N o t m a k e a v a ila b le to the Iranian a u th o r itie s or to a n y p e r so n in Iran or to a n y en terp rise c o n tr o lle d b y an Iranian g o v e r n m e n ta l e n tity a n y n e w c red its or loan s: sh a ll not, w ith r e sp e c t to su ch p e r so n s or en te r p r ise s m a k e a v a ila b le a n y n e w d e p o sit fa c ilitie s or a llo w su b s ta n tia l in c r e a s e s in e x istin g n o n d o lla r d e p o sits or a llo w m ore fa v o r a b le term s o f p a y m e n t than c u sto m a r ily u se d in in tern a tio n a l co m m e r c ia l tra n sa ctio n s: a n d sh a ll act in a b u s in e s s lik e m a n n er in e x e r c isin g a n y rights w h e n p a y m e n ts d u e on e x is tin g c r ed its or lo a n s are n o t m a d e on tim e a n d sh a ll reqpire a n y p e r so n s or e n titie s w ith in th eir ju risd ictio n to do lik e w ise ; d. P rev en t th e sh ip m en t from their territories on v e s s e ls or aircraft reg iste r e d in Iran o f p ro d u cts an d c o m m o d itie s c o v e r e d b y su b p aragrap h (a) a b o v e; e. P rev en t their n a tio n a ls, or firm s lo c a te d in their territories, from e n g a g in g in se r v ic e co n tra cts, in su p p ort o f in d u stria l p ro jects in Iran, o th er th an th o s e c o n c e r n e d w ith m e d ic a l care; f. P rev en t their n a tio n a ls or a n y p e r so n or b o d y in th eir territories from en g a g in g in a n y a c tiv ity w h ic h e v a d e s or h a s th e p u rp o se o f e v a d in g a n y o f th e d e c is io n s s e t ou t in th is resolu tion : T h e U n ite d S ta te s n o w is im p lem en tin g the sa n c tio n s c o n te m p la te d b y th is re so lu tio n . T he P r e sid e n t on A p ril 7 ,1 9 8 0 , sig n e d E x e c u tiv e O rder 12205 p u rsu an t to the In tern a tio n a l E m erg en cy E co n o m ic P o w e r s A c t im p o sin g th e s e sa n c tio n s. T h e se reg u la tio n s are b e in g is s u e d a s a m e n d m e n ts to th e Iranian A s s e ts C on trol R e g u la tio n s to im p lem en t that order. In rea d in g th e s e reg u la tio n s, the fo llo w in g sh o u ld b e co n sid ered : 1. T h e p ro h ib itio n s in v o lv e d in th e s e s a n c tio n s are lis te d in § 535.206 and § 535.207 a n d are in a d d itio n to th e sa n c tio n s p r e v io u s ly im p o se d un d er § 535.201; 2. A ll p r o v is io n s in the form o f g en era l lic e n s e s , d e fin itio n s, in terp reta tio n s an d o th er p r o v is io n s p r e v io u s ly is s u e d und er th is part an d still in e ffe c t ap p ly, w h e r e rele v a n t, to th e s a n c tio n s c o n ta in e d in the re g u la tio n s b ein g p u b lish e d today: 3. E xp orts to Iran are n o w g o v e r n e d b y the p roh ib ition in § 535.207(a) an d r e la te d p r o v isio n s. It is e x p e c te d that o v e r s e a s su b s id ia r ie s o f U n ite d S ta te s p e r so n s w ill n o t m ak e ex p o rts p r o h ib ited b y th e se r eg u la tio n s. U .S. p aren t e n titie s m u st inform th e O ffice o f F oreign A s s e t s C ontrol ten d a y s b efo re a n y o f its su b s id ia r ie s p r o p o se s to m ak e a n y ex p o rt to Iran; an d 4. T h e p ro h ib itio n s c o n ta in e d in the re so lu tio n a c te d up on b y th e U .N . S ecu rity C ou n cil co n cern in g n e w lo a n s an d c red its are g o v e r n e d b y § 535.201, a s in terp reted b y § 535.419. 31 CFR, Part 535 is a m e n d e d a s fo llo w s: 1. S e c tio n 535.201 is r e v is e d to read a s fo llo w s: § 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 otherwise dealt in except as authorized. 2. S e c tio n 535.203 is a m e n d e d b y the a d d itio n o f p aragraph (f), a s fo llo w s: § 535.203 Effect of transfers violating the provisions of this part. * * * * * (f) For th e p u rp ose o f th is s e c tio n the term "property" in c lu d e s gold , silv er, b u llio n , cu rren cy, co in , cred it, se c u r itie s (a s that term is d e fin e d in s e c tio n 2(1) o f th e S e c u r itie s A c t o f 1933, a s am en d ed ), b ills o f e x c h a n g e , n o te s , drafts, a c c e p ta n c e s , ch e c k s, letters o f credit, b o o k cred its, d e b ts, cla im s, co n tra cts, n e g o tia b le d o c u m e n ts o f title, m o rtg a g es, lie n s, a n n u itie s, in su r a n c e p o lic ie s , o p tio n s an d futures in c o m m o d itie s, an d e v id e n c e s o f a n y o f th e foregoin g. T h e term “p rop erty” sh a ll not, e x c e p t to the e x te n t in d ic a te d , b e d e e m e d to in c lu d e c h a tte ls or real prop erty. 3. S e c tio n 535.206 is a d d e d a s fo llo w s: § 535.206 Financial Transactions. (a) Except as authorized by means of regulations, rulings, instructions, 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. Federal Register / Vol. 45, No. 70 / Wednesday, April 9, 1980 / Rules and Regulations (2) Allow more favorable terms of payment than customarily used in international commercial transactions. (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 prospective transaction with Iran contained in paragraph (a) of this section ten days before any subsidiary enters into such a transaction. 4. S e c tio n 535.207 is a d d e d a s fo llo w s: § 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 consigned 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 commodities 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, e x c e p t a n y su ch c o n tr a c ts en te r e d in to prior to the e ffe c tiv e d a te or c o n c e r n e d w ith the p r o v isio n o f m e d ic a l s e r v ic e s . (b) T h e p ro h ib itio n s c o n ta in e d in p aragraph (a] o f th is s e c tio n sh a ll n o t a p p ly to tr a n sa c tio n s b y a n y p e r so n su b je c t to the ju risd ictio n o f th e U n ite d S ta te s w h ic h is a n o n -b a n k in g a s s o c ia tio n , corp o ra tio n or o th er o rg a n iza tio n o rg a n ized a n d d oin g b u s in e s s u n d er the la w s o f a n y foreign cou n try. T h e U .S. p aren t o f a n y su ch p erso n m u st report to the O ffic e o f F oreign A s s e ts C on trol a n y tr a n sa c tio n w ith Iran c o n ta in e d in p aragrap h (a) o f th is s e c tio n te n d a y s b e fo r e a n y su b sid ia r y en ters in to su ch a tra n sa ctio n . 5. S e c tio n 535.208 is a d d e d a s fo llo w s: § 535.208 Evasions; effective date. (a) A n y tr a n sa c tio n for the p u rp o se of, or w h ic h h a s th e e ffe c t of, e v a d in g or a v o id in g a n y o f th e p r o h ib itio n s se t forth in th is su b p art is h e r e b y p ro h ib ited . (b] T h e term “e ffe c tiv e d a te ” m e a n s, w ith r e sp e c t to tr a n s a c tio n s p ro h ib ited in § 535.201, 8:10 a.m . e a ste r n sta n d a r d tim e, N o v e m b e r 1 4 ,1 9 7 9 , a n d w ith r e sp e c t to th e tr a n s a c tio n s p r o h ib ite d in §§ 535.206 a n d 535.207, 4:19 p.m . e a ste r n sta n d a r d tim e, A p ril 7 ,1 9 8 0 . 6. S u bpart C is a m e n d e d b y th e a d d itio n o f §§ 535.308 a n d 535.331 a s fo llo w s: Subpart C—General Definitions * * § 535.308 * * * Person. T h e term “p e r so n ” m e a n s an in d iv id u a l, p artn ersh ip , a ss o c ia tio n , corp o ra tio n or o th er o rg a n iza tio n , * * * * * § 535.402 Effect of am endm ent of sections of this part o r of other orders, etc. A n y a m e n d m e n t, m o d ific a tio n , or r e v o c a tio n o f a n y s e c tio n o f th is part or o f a n y order, reg u la tio n , ruling, in stru ctio n , or lic e n s e is s u e d b y or u n d er the d ir e c tio n o f th e S e c r e ta r y o f th e T rea su ry p u rsu an t to s e c tio n 203 o f the In tern a tio n a l E m erg en cy E c o n o m ic P o w e r s A c t sh a ll n ot, u n le s s o th e r w is e s p e c ific a lly p ro v id ed , b e d e e m e d to a ffe c t a n y a c t d o n e or o m itte d to b e d o n e, or a n y su it or p r o c e e d in g h a d or c o m m e n c e d in a n y c iv il or crim in al c a s e , prior to su c h a m en d m en t, m o d ific a tio n , or r e v o c a tio n a n d a ll p e n a ltie s, forfeitu res, a n d lia b ilitie s u n d er a n y su c h order, reg u la tio n , ruling, in stru ctio n or lic e n s e sh a ll c o n tin u e a n d m a y b e e n fo r c e d a s if su c h am en d m en t, m o d ific a tio n , or r e v o c a tio n h a d n o t b e e n m a d e. § 535.403 Term ination and acquisition of an interest of Iran or an Iranian entity. (a) W h e n e v e r a tr a n s a c tio n lic e n s e d or a u th o rized b y or p u rsu an t to th is part r e su lts in th e tra n sfer o f p rop erty (in clu d in g a n y p rop erty in te r e st) a w a y from Iran or a n Iran ian en tity , su ch p rop erty sh a ll n o lo n g er b e d e e m e d to b e p rop erty in w h ic h Iran or an Iran ian e n tity h a s or h a s h a d an in terest, u n le s s th ere e x is ts in th e p rop erty a n o th e r su ch in te r e st the tran sfer o f w h ic h h a s n o t b e e n e ffe c te d p u rsu an t to lic e n s e or o th er au th o riza tio n . (b) U n le s s o th e r w is e sp e c ific a lly p r o v id e d in a lic e n s e or a u th o r iz a tio n c o n ta in e d in or is s u e d p u rsu a n t to th is part, if p rop erty (in clu d in g a n y p rop erty in terest) is tran sferred to Iran or an Iran ian in terest, su ch p rop erty sh a ll b e d e e m e d to b e p rop erty in w h ic h th ere e x is ts an in te r e st o f Iran or an Iran ian e n tity . § 535.419 § 535.331 Food. T h e term “fo o d ” a s u se d in § 535.207(a) sh a ll in c lu d e c o m m o d itie s d irectly c o n su m e d b y h u m a n s or b y a n im a ls w h e n su ch a n im a ls are p rim arily u se d a s a so u r c e o f fo o d . 7. S u b p art D is a m e n d e d by the a d d itio n o f §§ 535.401, 535.402, 535.403, 535.419(e), 535.421, 535.422, 535.423, 535.424 a n d 535.425, a s fo llo w s: 24433 * * * Extensions of credit to Iran. * * (e) T h e p ro h ib itio n in § 535.201 d o e s n o t a p p ly to e x te n s io n s or r e n e w a ls o f cr e d its to Iran or an Iran ian e n tity b y a n y p e r so n su b je c t to th e ju risd ictio n o f th e U n ite d S ta te s w h ic h is a n o n b a n k in g a ss o c ia tio n , c o rp o ra tio n or oth er o r g a n iz a tio n o rg a n ized a n d d o in g b u s in e s s u n d er th e la w s o f a n y foreign cou n try. * * * * * Subpart D—Interpretations § 535.401 sections. Reference to amended R e feren ce to a n y s e c tio n o f th is part or to an y regu lation , ruling, order, in stru ction , d irectio n or lic e n s e is s u e d p u rsu an t to this part sh a ll b e d e e m e d to refer to the sa m e a s cu rren tly a m e n d e d u n le s s o th e r w is e so sp e c ifie d . § 535.421 Prior contractual com m itm ents 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 Federal Register 24434 / Vol. 45, No. 70 / Wednesday, April 9, 1980 / Rules and Regulations sh o u ld n o t b e m a d e, u n le s s th e c o n tra ct s p e c ific a lly s ta te s th at th e tr a n sa c tio n is a u th o rized b y g e n e r a l lic e n s e or th at it is su b je c t to th e is s u a n c e o f a sp e c ific lic e n s e . § 535.422 New deposit facilities. (a) The prohibition contained in § 535.206(a) in c lu d e s the o p e n in g o f a n y n e w a c c o u n ts a s w e ll a s the a c c e p ta n c e o f n o n -d o lla r d e p o s its in a n y e x is tin g a c c o u n ts w h e r e th e resu ltin g b a la n c e w o u ld b e su b s ta n tia lly g reater th an that e x is tin g on th e e ffe c tiv e d a te. (b) A b a la n c e is s u b s ta n tia lly g reater if it is m ore th a n 10% g reater th an the a v e r a g e d a ily b a la n c e during the six m on th p e r io d prior to the e ffe c tiv e d a te o f § 535.206. (c) A n a c c o u n t is n o t a n e w a c c o u n t if it is e s ta b lis h e d a s a resu lt o f a tran sfer a u th o rized b y § 535.508 or o th e r w is e lic e n s e d u n d er th is part. § 535.423 Custom ary international com m ercial terms. (a) § 535.206(b) p ro h ib its the s a le to Iran, a n y Iran ian e n tity or a n y p e r so n in Iran o f a n y c o m m o d ity on c o n d itio n s m a rk ed ly d ifferen t from th o se c u sto m a r ily o ffered b y o th er s e lle r s o f th at c o m m o d ity in term s o f price, m e th o d o f p a y m e n t an d tim e o f p a y m en t. (b) T h is s e c tio n sh a ll n o t b e co n stru ed to a u th o rize a n y tr a n sa c tio n w h ic h is o th e r w is e p ro h ib ited b y th is 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 p u r p o se s o f § 535.206, th e term “en terp rise" m e a n s a n y b u s in e s s or c o m m e r c ia l a c tiv ity or v en tu re o f a n y k in d w h a tso e v e r , w h e th e r o p e r a te d or o rg a n ized a s a corp oration , p artn ersh ip , join t v en tu re, a s s o c ia tio n , s o le p rop rietorsh ip , or o th e r w is e . 8. S u b p art F, is a m e n d e d b y the r e v o c a tio n o f § 535.533, a n d th e a d d itio n o f § § 535.572 a n d 535.574, a s fo llo w s: Subpart E—Licenses * * §535.533 * * * * * * [R e voke d ] * * § 535.572 Authorization of exports of certain types of goods to Iran. A ll tr a n s a c tio n s n o t in c o n s is te n t w ith § 535.419 an d ord in a rily in c id e n t 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. § 535.574 Service contracts in support of telecom munications in Iran. Specific licenses will be considered for transactions incident to telecommunications with Iran. §535.903 9. [R evoked ] S e c tio n 535.903 is r ev o k ed . (Secs. 201-207, 91 Stat. 1626, 50 U.S.C. 17011706; E.O. No. 12170, 44 FR 65729; E.O. No. 12205, 45 FR 24099.) Dated: April 7,1980. Stanley L. Sommerfield, Director. Approved: Richard J. Davis, Assistant Secretary. [FR D oc. 80-10905 Filed 4 -7 -80 : 5:11 pm] BILLING CODE 4810 -2 5 -M (OMB Clearance N o t Required) Form T F R -6 1 5 CENSUS OF BLOCKED IRANIAN ASSETS Office of Foreign Assets Control Unit 615 Department of the Treasury Washington, D.C. 20220 M ultiple Report D E A D L IN E : I l M This form is to be completed and returned to the above address by May 15, 1980. Form T F R -6 1 5 is to be used by all persons required to file reports pursuant to section 5 3 5 .6 1 5 of T itle 31 of the Code of Federal Regulations. FULLY. A ll inform ation B E FO R E P R E P A R IN G T H IS R E P O R T R E A D T H E IN S T R U C T IO N S C A R E reported w ill be regarded as privileged and confidential. For assistance, call (202) 3 7 6 -0 9 6 8 or 3 7 6 -0 9 6 9 . To the Secretary o f the Treasury: The undersigned, pursuant to section 5 3 5 .6 1 5 o f T itle 31 of the Code o f Federal Regulations, hereby makes the following report: Part A —IN F O R M A T IO N C O N C E R N IN G IR A N IA N E N T IT Y W HO SE P R O P E R T Y IS R E P O R T E D (See instructions fo r Part A.) 1. N a m e ______________________________________ A n y variant n am e__________________________ 2. Add ress____________________________________ 2. (Street) Iran □ I U .S .A .n U O ther □ (City) O (check one) (State or foreign country) 3. Place o f incorporation or principal place of business 3. Iran d] I U .S .A .D U O ther □ O (check one) 4. 4. Ownership interests in en tity Iran u .s .a O ther I l l ~l % I . n m (enter %) Page 1 % U I I I I %O Census o f Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued 5. Typ e o f en tity: a. Iranian Governm ent or any agency or instrum entality thereof, excluding diplom atic and consular m issions................................................................................... I b. Iranian diplom 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 ................................................................................................. O B e. O ther Iranian corporation CH C f. Consortium or jo in t v e n t u r e ........................................................................................... □ J g. Unincorporated association Qj U h. 6. O O t h e r ........................................................................................................................................ □ 0 Joint interests: .............................................................................................. ........................................................................................... List other Iranian entities w ith an interest in property reported (applies only to m ultiple re ports (box M on page 1)) _________________________________________________________________________________________ Continue with Part B on next page. Census of Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued Part B—S C H E D U L E OF P R O P E R T Y R E Q U I R ED T O BE R E P O R T E D (See instructions fo r individual lines.) (Enter value in whole dollars) ( 1) Type 1. Original Am ount (2) Am ount 3 /3 1 /8 0 Deposits a. Tim e .............................................................................................. ....................................................................................................... b. D e m a n d ........................................................................................ .............................................. .............................................. 2. Bullion, 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. Direct investment in U.S. businesses............................................ .............................................. .............................................. 8. Real estate .............................................. ............................................... 9. ........................................................................................... --------------------------------------- Personal property a. Goods consigned to Ir a n ........................................................... .............................................. .............................................. b. O t h e r .............................................................................................. .............................................. ............................................... issued by U.S. b a n k s .................. .............................................. ............................................... 10. Commercial letters of credit 11. Commercial letters o f credit c o n f i r m e d by U.S. banks . . . . _______________________________________________ 12. S t a n d b y letters o f credit a. .............................................. b. 13. A m ou n t of c r e d it......................................................................... A m ou n t of section 5 3 5 .5 6 8 account _______________________ _______________________ Miscellaneous........................................................................................ T O T A L (1. through 13.) 14. ............................................... .............................................. ............................................... _______________________ _______________________ If am ount in column (2) differs from am ount in column (1) fo r any line above, explain increase or decrease by checking the appropriate box: a. General license 5 3 5 .5 0 8 ................................................................................................................................................... EH A b. General license 535.531 ................................................................................................................................................... EH B c. General license 5 3 5 .5 3 2 ................................................................................................................................................... |~~] C d. General license 5 3 5 .5 6 6 ................................................................................................................................................... EH e. General license 5 3 5 .9 0 2 ................................................................................................................................................... EE H f. Specific license (give license n um ber)-------------------------------------------------------------------------------------------------------- EH F g. O ther (explain)__________________________________________________________________________________ EU H Page 3 _ D Census o f Blocked Iranian A s se ts.-(F o rm T F R -6 1 5 )—Continued Part C —A D D IT IO N A L D E S C R IP T IO N OF P R O P E R T Y ITE M S Brief Description of Property Type Part D -A D V E R S E C L A IM S A G A IN S T P R O P E R T Y R E P O R T E D Am ount Type a. A b. Lien ...................................................................... L c. Set-off .................................................................... S d. Disputed liab 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 of the adverse claimant Iran □ I U .S.A . □ u O ther □ 0 (check one) 3. Yes D Y No Is the holder an adverse claim ant?...................................................................................................................... □ 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 P R O P E R T Y (see instructions) 1. N a m e _________________________________________________________________ E IN /S S N (Street) _ _ (State or foreign country) 3. 4. Typ e o f holder [II If owned or controlled firm is located in Iran, check b o x ............................................ Bank I (check one) ...................................................................................................................................................................................... □ B Broker or securities d e a l e r ............................................................................................................................................. Q S Oil company or oilfield services c o m p a n y ................................................................................................................ [U 0 Defense-related industry ................................................................................................................................................ dl D ................................................................................................................................................... [U C O ther business f i r m ............................................................................................................................................................ [H T In d iv id u a l............................................................................................................................................................................. □ | U.S. Governm ent a g e n c y ................................................................................................... d G O ther (explain) Q y Construction company _____________________________________________________________________________ (Subm it list o f owned or controlled foreign firm s per instructions) Part F —C E R T IF IC A T IO N (see instructions) I___________________________________________ , certify th at I am (Type or p rint name) the (State relationship o f signatory to holder, e.g., treasurer, holder (if an individual)) o f the (Name o f holder) th at I am authorized to make this certification, and th at, to the best o f my 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 at all material facts in connection w ith said report have been set forth herein. (Date) (Signature) Address (Street) (City (State) Person to contact regarding this report: (name) (telephone number) Page 5 (over) Census o f Blocked Iranian Assets.—(Form T F R -6 1 5 )—Continued P E N A L T IE 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 jurisdiction of any departm ent or agency o f the United States, knowingly and w illfu lly 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 w riting or docum ent knowing the same to contain any false, fictitious or fraudulent statement or en try, shall be fined not more than $ 1 0 ,0 0 0 or imprison ed not more than five years, or b oth." A tte n tio n is also directed to 50 U.S.C. section 1705 which provides: "(a) A civil penalty o f not to exceed $ 1 0 ,0 0 0 may be imposed on any person who violates any license, order, or 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 not more than $ 5 0 ,0 0 0 , or, if a natural person, may be im prisoned for not more than ten years, or both, and any officer, director, or agent o f any cor poration who knowingly participates in such violation may be punished by a like fine, im prisonment, or b oth." Page 6 (OMB Clearance N ot Required) Form T F R -6 1 6 CENSUS OF CLAIMS BY UNITED STATES PERSONS AGAINST IRAN Office o f 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 N O T E : The submission o f this report does not constitute the filing w ith the United States Govern ment o f a form al claim for compensation, nor does it guarantee th at the claim will be included in any future agree ment. However, failure to file complete inform ation in a tim ely fashion not only would constitute failure to comply w ith the Regulations, it also would preclude the inclusion o f inform ation in U.S. government planning and may therefore be prejudicial to the claim ant and other U.S. claimants. Form T F R -6 1 6 is to be used by all persons required to file reports pursuant to section 5 3 5 .6 1 6 of T itle 31 of the Code of Federal Regulations. B E F O R E P R E P A R IN G T H IS R E P O R T R E A D T H E IN S T R U C T IO N S C A R E F U L L Y . A ll inform ation reported w ill be regarded as privileged and confidential. For assistance, call (202) 3 7 6 -0 9 6 8 or 3 7 6 -0 9 6 9 . T o the Secretary o f the Treasury: The undersigned, pursuant to section 5 3 5 .6 1 6 o f T itle 31 o f the Code of Federal Regulations, hereby makes the following report: P A R T A —IN F O R M A T IO N C O N C E R N IN G U.S. C L A IM A N T E IN /S S N 1. n Name (First) (Middle) 2. A n y variant name (trade name, etc.) 3 . Mailing address (Street) (City) (State or foreign country) Page 1 (Last) Census o f Claims by United States Persons Against Iran .—(Form T F R -6 1 6 )~ C o n tin u e d 4. T yp e o f claim ant (Check one of the follow ing): ............................................................................................................................... DB D0 DD .................................................................................................................................. CU C O ther b u s in es s................................................................................................................................................... DT In d iv id u a l............................................................................................................................................................ □ | U.S. government ag en c y................................................................................................................................. D G Bank ..................................................................................................................................................................... Oil company or oilfield services c o m p a n y ................................................................................................ Defense-related industry Construction company O ther ( e x p la in ) _______________________________________________________________________ Q 5. a. Q | □ U O ther 6. Iran U.S.A. b. If claim ant is an individual, state n ationality: U CU 0 If "O th e r,” specify n ationality ______________________________________________________________________ If claim ant is a corporation or other legal entity: 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, directly or indirectly, by persons who were U.S. nationals on the date o f loss: 7. Has there been any change in the nationality status o f claim ant since the date of loss? Yes □ Y No □ N If "Y es," explain 8. If any other person, firm , corporation or other en tity which, 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 Census o f Claims by United States Persons Against Iran .—(Form T F R -6 1 6 )—Continued P A R T B—S U M M A R Y O F C L A IM S R E Q U IR E D T O BE R E P O R T E D . instructions. 1. Am ount Syndicated loans Total am ount ___________________ Claimant's share S1 ___________________ A n y default(s) declared? S2 Total Yes CH Y No b. □ N am ount _______________________ S3 Claim ant's Share _______________________ ________ S4 O ther bank loans Total am ount _______________________ B1 c. See specific Business Claims Type a. Report value as o f date of 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 d efault ___________________ _ N2 d. R e c e iv a b le s ................................................................................................................................................................. 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 d am a g e s.......................................................................................................................................... K h. O ther damage c la im s ............................................................................................................................................... D i. Expropriation losses: (1) (2) j. Loss of eq u ity, concessions, or going concern v a l u 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. Expropriation lo s s e s ................................................................................................................................................ X b. Exchange co n tro ls...................................................................................................................................................... F c. Salaries, receivables, insurance,other contractual c la im s .............................................................................. R d. Personal injury, property damage andother to rt c la im s .............................................................................. I e. O t h e r ............................................................................................................................................................................. U Subtotal 2. _____________________ T O T A L (Subtotals 1. plus 2.) ____________________ Page 3 IM H H N B H I b2 B3 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 T otal (line 3. a. & b. o n ly ): ____________________ T Continue on next page w ith Part C. Page 4 Census o f Claims by United States Persons Against Iran .—(Form T F R -6 1 6 )—Continued P A R T C -S C H E D U L E FO R S E P A R A T E D E S C R IP T IO N OF C L A IM S (Attach separate sheets or additional copies o f Part C, as needed) E IN /S S N 1. a. I I I I I I I I I I FFC Name of claim ant ----------------------------------------------------------------------------------------------------------------------------- —- ------(First) b. (Middle) (Last) Is claim fo r a foreign branch, subsidiary or office? Yes □ Y No 2. □ N T yp e of claim _________________________________________________________________________ Code __________________________________________________________________ 3. □ □ a. A m ou 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 A n y default(s) declared?....................................................................................................... Yes O Y No □ N Total am ount ___________________________ S3 Claimant's share ---------------------------------------------- S4 4. Iranian en tity against which claim is reported. a. Name ______________________ __________________________________________________________ — — ---------A n y variant name ------------------------------------------------------------------------ —— -------------------------------------------------------- b. Address ------------------------------------------------------------------------------------------------------------- — ---------------------------------------- c. T yp e of en tity. 1. 2. 5. a. b. Iranian government or agency or instrum entality 3. d. Central Bank o f Iran (Bank Markazi Iran) EH .............................................................. Governm ent controlled e n t i t y ..................................................................................... ............................................... M I I I D E State basis for belief that en tity is owned or controlled by Governm ent o f Iran: Date o f Loss _____________________________________________________________________________________ Did loss occur on or after October 1, 1 9 7 8 ? .................................................................... Y No Page 5 Yes O N □ Census o f Claims by United States Persons Against Iran .—(Form T F R -6 1 6 )—Continued 6. Method of valuation -----------------------------------------------------(Enter appropriate principle from Instructions, e.g., "market value") 7. Describe circumstances of loss and measures which caused the loss, including description of property or nature o f business which is the subject of claim : 8. Is contract governed by Iranian law? ....................................................................................... □ N Yes ED Y □ N Yes ED Y ED N Yes I l Y □ N Yes ED Y □ N Yes ED Y No □ N Yes ED Y No □ N Yes ED Y No On the date of loss, did you own this claim or any property on which the claim is based? ................................................................................................................................... If not, was owner a U.S. person on such d a te ? ................................................................ Has the claimant filed an attachment or other judicial proceedings?.................................... Has claimant obtained a waiver of sovereign im m u n ity ? ......................................................... □ N Does claimant hold any property (e.g., bank deposits) against which a remedy such as a set-off can be asserted? .............................................................................................................. 15. Y No 14. EH No a. b. 13. Yes No 12. N Is documentary evidence of loss available? (Do not enclose docum ents.)....................................................................................................... 11. □ No 10. Y No Does contract specify Iranian fo ru m ? ....................................................................................... ED No 9. Yes Is claim liquidated (e.g., specific sum conceded by Iranian entity)? Page 6 ..................................... Census of Claims by United States Persons Against Ir a n .-(F o rm T F R -6 1 6 )—Continued PART D—IDEN TITY OF PERSON PREPARING REPORT 1. Name _________________________________________ 2. Address -----------------------------------------------------------------(Street) (City) (State or foreign country) 4. Relationship to claimant a. C la im a n t................................................................................................................................ DC b. A g e n t............................................................................................................................................ CDA c. T ru s te e ......................................................................................................................................... □ T d. B a n k e r......................................................................................................................................... e. Insurance C om pany..................................................................................................................... f. O t h e r ..................................................................................................................................... CDB CD• CDO PART E -C E R TIFIC A TIO N CD Claimant is a person subject to the jurisdiction of the United States Check I _________________________________________________________________ _, certify that I am the (T y p e or Print Name) _____________ of the (State relationship o f signatory to the person) (Name o f claimant) 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 w ith said report have been set forth herein. (Date) (Signature) Address (Street) (City) (State) Person to contact regarding this report: (Name) (Telephone number) Page 7 Census o f Claims by United States Persons Against Iran .—(Form T F R -6 1 6 )—Continued PENALTIES: A ttention is directed to 18 U.S.C. section 1001, which provides: "Whoever, in any matter w ithin the jurisdiction of any department or agency of the United States, knowingly and w illfu lly 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 uses 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 im prisoned not more than five years, or both.” A ttention is also directed to 50 U.S.C. section 1705 which 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, or regulation issued under this title shall, upon conviction, be fined not more than $50,000, or, if a natural person, may be imprisoned fo r not more than ten years, or both; and any officer, director, or agent of any corporation who knowingly participates in such violation may be punished by a like fine, imprisonment, or both.” Page 8
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