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FEDERAL RESERVE BANK
O F NEW YORK
Fiscal Agent of the United States
T Circular No. 9 0 7 9 1
L
May 26, 1981
J
AMENDMENTS TO IRANIAN ASSETS CONTROL REGULATIONS
Effective May 11, 1981
To A ll Banking Institutions in the Second Federal Reserz’e District:
Printed on the following pages are amendments to the Iranian Assets
Control Regulations issued by the Office of Foreign Assets Control of
the United States Treasury Department.
The amendments include provisions that exempt property subject
to pre-freeze attachments or injunctions from transfer required by the
regulations, make clear that the regulations nullify existing attachments
and bar future attachments on standby letters of credit and similar
obligations, clarify the status of contested and contingent liabilities
and property interests of Iran under the regulations, and extend
specific licenses authorizing the operation of blocked accounts until
May 31, 1981.
The amendments also include a provision that requires that persons
having knowledge about the property of certain close relatives of the
former Shah of Iran complete and file reports on Form TFR-619. A
limited number of report forms may be obtained from John Sullivan,
Foreign Assets Control Specialist (Tel. No. 212-791-8933).
Inquiries regarding the new amendments should be directed to Daniel
M. Rossner, Attorney, Legal Department (Tel. No. 212-791-5040).
A n t h o n y M. S olomon ,
President.
Federal Register / Vol. 46, No. 92 / Wednesday, May 13, 1981 / Rules and Regulations
DEPARTMENT OF THE TREASURY
Office of Foreign Assets Control
31 CFR Part 535
Iranian Assets Control Regulations;
Clarification and Corrections
Office of Foreign Assets
Control, Treasury.
ACTION: Final rule.
AGENCY:
S u m m a r y : The Office of Foreign Assets
Control is amending the Iranian Assets
Control Regulations. The purposes of the
amendments are to make the substance
of paragraph (c) of section 535.214, as
published in the Federal Register on
February 26,1981, apply equally to
§§ 535.213, 535.214 and 535.215; to
amend §§ 535.218 and 535.504 by adding
an extension of certain licenses and
clarifying provisions; to amend
§ § 535.218 and 535.504 to nullify existing
attachments and bar future attachments
on standby letters of credit, performance
bonds and similar obligations; and to
correct a typographical error in item 25
of the amendments to the Regulations
which appeared in the Federal Register
on February 26,1981.
The need for paragraph (c) in
§§ 535.213 and 535.214 and a similar
new paragraph (b) for § 535.215 is to
exempt property or properties from the
transfer requirements if they are subject
to a pre-freeze attachment, injunction or
other like proceeding or process. The
need for the amendments of §§ 535.218
and 535.504 is to make clear that these
sections apply to specified types of
property and to nullify existing
attachments and prohibit future
attachments on standby letters of credit,
performance bonds and similar
obligations. The effects of the
amendments are that the meaning of the
sections is clarified, new controls are
imposed, an extension of certain
licenses for the operation of blocked
accounts is given and certain errors in
the text of the Regulations are corrected.
EFFECTIVE DATE: May 11, 1981.
FOR FURTHER INFORMATION CONTACT:
Raymond W. Konan, Chief Counsel,
Office of Foreign Assets Control,
Department of the Treasury,
Washington, D.C. 20220, Tel. (202) 3760236.
SUPPLEMENTARY in f o r m a t io n : Since the
Regulations involve a foreign affairs
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.
Similarly, because the amendment is
issued with respect to a foreign affairs
function of the United States, it is not
subject to Executive Order 12291 of
February 17,1981, dealing with federal
regulations.
31 CFR Part 535 is amended as
follows:
1. With an identical paragraph (c),
§§ 535.213 and 535.214 are revised to
read as follows:
§ 535.213 Direction involving property
held by offices of banks in the United
States in which Iran or an Iranian entity has
an interest.
(a) Any branch or office of a bank,
which branch or office is located within
the United States and is, on the effective
date of this section, either (1) in
possession of funds or securities legally
or beneficially owned by the
Government of Iran or its agencies,
instrumentalities or controlled entities,
or (2) carrying on its books deposits
standing to the credit of or beneficially
owned by such government or its
agencies, instrumentalities or controlled
entities, is licensed, authorized, directed
and compelled to transfer such funds,
securities and deposits, held on january
19,1981, including interest from
November 14,1979, at commercially
reasonable rates, to the Federal Reserve
Bank of New York, as fiscal agent of the
U.S., to be held or transferred as
directed by the Secretary of the
Treasury.
(b) Transfers of funds, securities or
deposits under paragraph (a) of this
section shall be in accordance with the
provisions of § 535.221 of this part.
(c) Any funds, securities or deposits
subject to a valid attachment, injunction
or other like proceeding or process not
affected by 5 535.218 need not be
transferred as otherwise required by this
section.
$ 535.214 Direction Involving other
financial assets in which Iran or an Iranian
entity has an interest held by any person
subject to the jurisdiction of the United
States.
(a)
Any person subject to the
jurisdiction of the United States which is
not a banking institution and is on
January 19,1981, in possession or
control of funds or securities of Iran or
its agencies, instrumentalities or
controlled entities is licensed,
authorized, directed and compelled to
transfer such funds or securities to the
Federal Reserve Bank of New York, as
fiscal agent of the U.S. to be held or
transferred as directed by the Secretary
of the Treasury. However, such funds
and securities need not be transferred
until any disputes (not relating to any
attachment, injunction or similar order)
as to the entitlement of Iran and its
entities to them are resolved.
(b) Transfers of funds, securities or
deposits under paragraph (a) of this
section shall be in accordance with the
provisions of § 535.221 of this part.
(c) Any funds, securities or deposits
subject to a valid attachment, injunction
or other like proceeding or process not
affected by § 535.218 need not be
transferred as otherwise required by this
section.
2. Section 535.215 is amended by
designating the existing paragraph as (a)
and by adding paragraph (b) to read as
follows:
§ 535.215 Direction Involving other
properties in which Iran or an Iranian entity
has an interest held by any person subject
to the Jurisdiction of the United States.
*
**
§
*
A
*
(b)
Any properties subject to a valid
attachment, injunction or other like
proceeding or process not affected by
§ 535.218 need not be transferred as
otherwise required by this section.
3. Section 535.218 is amended by the
revision of the section title and of
paragraph (e) and the addition of new
paragraphs (f) and (g) to read as follows:
§ 535.218 Prohibitions and nullifications
with respect to property described in
§§ 535.211, 535.212, 535.213, 535.214 and
535.215 and standby letters of cred it
*
*
*
*
*
(e) Paragraph (a) of this section does
not revoke or withdraw specific licenses
authorizing the operation of blocked
accounts which were issued prior to
January 19,1981, and which do not
relate to litigation. Such licenses shall
be deemed to be revoked as of May 31,
1981, unless extended by general or
specific license issued subsequent to
February 26,1981.
(f) The provisions of paragraphs (a),
(b) and (c) of this section shall apply to
contested and contingent liabilities and
property interests of the Government of
Iran, its agencies, instrumentalities or
controlled entities, including debts.
(g) All existing attachments on
standby letters of credit, performance
bonds and similar obligations and on
substitute blocked accounts established
under 8 535.568 relating t%standby
letters of credit, performance bonds and
similar obligations are nullified and all
future attachments on them are
hereafter prohibited. All rights, powers
and privileges relating to such
attachments are nullified and all
persons hereafter are barred from
asserting or exercising any rights,
Federal Register / Vol. 46, No. 92 / Wednesday, May 13, 1981 / Rules and Regulations
powers or privileges derived therefrom.
4. Section 535.504 is amended by
relettering existing paragraph (c) as (d);
and by adding new paragraphs (c) and
(e) to read as follows:
§ 535.504 Certain judicial proceedings
with respect to property of Iran or Iranian
entities.
*
*
*
*
*
(c)
For purposes of this section,
contested and contingent liabilities and
property interests of the Government of
Iran, its agencies, instrumentalities, or
controlled entities, including debts, shall
be deemed to be subject to § 535.215.
*
*
*
*
*
(e) Judicial proceedings to obtain
attachments on standby letters of credit,
performance bonds or similar
obligations and on substitute blocked
accounts established under $ 535.568
relating to standby letters of credit,
performance bonds and similar
obligations are not authorized or
licensed.
5. Amendment No. 25 of the
amendments to the Regulations
published at 46 FR14337 on February 26.
1981, is corrected by deleting $ 535.332
in the list of revoked sections. There has
never been a { 535.332.
(Sec. 201-207, 91 Stat. 1626, 50 U.S.C. 17011706; E.O. No. 12170, 44 FR 65729; E.O. No.
12205, 45 FR 24099: E.O. No. 12211, 45 FR
26605; E.O. No. 12276, 46 FR 7913: E.O. No.
12279, 46 FR 7919; E.O. No. 12280. 46 FR 7921;
E O. No. 12281, 46 FR 7923; E.O. No. 12282, 46
FR 7925; E.O. No. 12283, 46 FR 7927. and E.O.
No. 12294, 48 FR 14111.)
Dated: May 8,1981.
Dennis M. O’Connell,
Director.
Approved:
John P. Simpson,
Acting Assistant Secretary, Enforcement and
Operations.
(FR Doc. 81-14509 Filed 5-11-81; 3:40 pm|
B5LUNG CODE 4810-2S-M
31 CFR Part 535
(Iranian Assets Control Regulations;
(Reports on Close Relatives of Former
Shah of Iran Served as Defendants In
Litigation
a g e n c y : Office of Foreign Assets
Control, Treasury.
a c t io n : Final rule.
s u m m a r y : The Office of Foreign Assets
Control is amending § 535.217 of the
Iranian Assets Control Regulations and
is adding a new § 535.619. The purpose
of the amendment of $ 535.217 is to
identify Ashraf Pahlavi, sister of the
former Shah of Iran, as a person who
has been served as a defendant in
litigation in a court within the United
States brought by Iran seeking the return
of property alleged to belong to Iran.
The need for this amendment is to
identify Ashraf Pahlavi as a person
whose assets are subject to the blocking
provisions of Executive Order 12284 of
January 19,1981 and 5 535.217(a) of this
part. The purpose of new $ 535.619 is to
impose a requirement that all persons
having knowledge about the property of
persons named in $ 535.217(b) of this
part must complete and file reports on
Form TFR-619. Section 535.619 is needed
to fulfill the obligation of the United
States, pursuant to the agreements
between tne United States and Iran, to
report such information to the
Government of Iran.
EFFECTIVE DATE: May 11, 1981.
only to such estate or persons as to
which Iran has furnished proof of
service to the Office of Foreign Assets
Control and which the Office has
identified in paragraph (b) of this
section.
(b) Ashraf Pahlavi, sister of
Mohammad Reza Pahlavi, the former
Shah of Iran May 11,1981.
(c) The effective date of this section is
January 19,1981, except as otherwise
specified after the name of a person
identified in paragraph (b) of this
section.
2.
Section 535.619 is added to read as
follows:
S 535.619
Reports on Form TFR-619.
(a) Reporting requirements. Within 30
days after publication in the Federal
Register of the name of any person or
estate in § 535.217(b), the following
pers-jns who are subject to the
jurisdication of the United States shall
FOR FURTHER INFORMATION CONTACT:
file reports on Form TFR-619 with
Raymond W. Konan, Chief Counsel,
respect to their knowledge of the
Office of Foreign Assets Control,
property of such person or estate at any
Department of the Treasury,
time between November 3,1979 and the
Washington, D.C. 20220, Tel. (202) 376date designated after the name of any
0236.
person in § 535.217(b):
S u p p l e m e n t a r y in f o r m a t io n : Since the
(1) Any person whose name is
regulations involve a foreign affairs
published for inclusion in § 535.217(b);
function, the provisions of the
(2) Any person who has or had, from
Administrative Procedure Act, 5 U.S.C.
November 3,1979 to the date of
553, requiring notice of proposed
designation of the relevant person in
rulemaking, opportunity for public
§ 535.217(b), actual or constructive
participation and delay in effective date, possession or control, directly or
are inapplicable.
indirectly, in trust or otherwise, of
Similarly, because the amendment is
property in which there was any direct
issued with respect to a foreign affairs
or indirect interest of any person listed
function of the United States, it is not
in S 535.217(b) of the Regulations;
subject to Executive Order 12291 of
(3) Any business or non-business
February 17,1981, dealing with federal
entity in the United States in which any
regulations.
person listed in $ 535.217(b) of the
31 CFR Part 535 is amended as
Regulations held any financial interest
follow's:
at any time between November 3,1979
1.
Section 535.217 is amended by the and the date of designation of the
addition of a paragraph (b) and the
relevant person in § 535.217(b);
revision of paragraph (c). As amended,
(4) Any person having knowledge of
§ 535.217 reads:
property or assets of a person listed in
§ 535.217(b) of the Regulations, by
§ 535.217 Blocking o f property of the
reason of a business relationship with
form er Shah of Iran and of certain other
such property;
Iranian nationals.
(5) Any person having actual
(a) For the purpose of protecting the
knowledge of property of a person
rights of litigants in courts within the
named in 5 535.217(b) because of a
United States, all property and assets
personal relationship with the named
located in the United States in the
control of the estate of Mohammad Reza person; and
(6) Any ageny of the United States
Pahlavi, the former Shah of Iran, or any
close relative of the former Shah served Government which has in any of its
official financial books and records any
as a defendant in litigation in such
courts brought by Iran seeking the return information which serves to identify any
property or assets of a person listed in
of property alleged to belong to Iran, is
$ 535.217(b) of the Regulations.
blocked as to each such estate or
(b) What must be reported. Form
person, until all such litigation against
TFR-619 reports shall include the
such estate or person is finally
information specified in the form with
terminated. This provision shall apply
respect to any interest of any nature
MB
Federal Register / Vol. 46, No. 92 / Wednesday, May 13, 1981 / Rules and Regulations
whatsoever that a person named in
such information will be reported to the
§ 535.217(b} had in any property subject Government of Iran.
to the jurisdiction of the United States
Each question on the form must be
between November 3,1979, and the date answered and all the specific
of any designation of the relevant
information called for must be given.
person in $ 535.217(b). The term
When there is nothing to report under
“property” is defined in § 535.311 of this any question, or if information is
part.
lacking, state “No,” “None,” or
(c) Filing Form TFR-619. Reports on
“Unknown,” as the case may be. If the
Forms TFR-619 shall be prepared in
space provided on the form for answers
triplicate, two copies of which shall be
is not adequate, the answer may be
sent in a set to Unit 619, Office of
made or continued on a blank sheet of
Foreign Assets Control, Department of
paper securely attached to the form.
the Treasury, Washington, D.C. 20220.
Deadline: Reports are required to be
The third copy is to be retained for the
filed within 30 days of the publication in
reporter’s records.
§ 535.217(b) of the Regulations of the
(d) Certification. Every reporter is
name of the estate of the former Shah of
required to complete the certification
Iran or of any close relative of the
portion of Form TFR-619. Failure to
former Shah. No extensions will be
complete the certification shall render
granted.
the report ineffective and the
This form is to be completed in
submission shall not constitute
triplicate and two copies must be
compliance with this section.
returned in a set to Unit 619, Office of
(Authority: Sec. 201-207. 91 Stat. 1626. 50
Foreign Assets Control, Washington,
U.S.C. 1701-1706: E.O. No. 12170, 44 FR 65729:
D.C 20220 by the deadline.
E .0 .12211. 45 FR 26605; E.O. 12284, 46 FR
7929.)
Doted: May 8.1981.
Dennis M. O’Connell,
Director.
Approved:
John P. Simpson,
Acting Assistant Secretary, Enforcement and
Operations.
Note.—Form TFR-619 will not appear in
the Code of Federal Regulations.
Census of Property of Persons Served as
Defendants in Litigation Brought by Iran
Seeking Return of Property Alleged to
Belong to Iran; Instructions for
Reporting on Form TFR-619
Introduction .
The Office of Foreign Assets Control,
Department of the Treasury, under
§ 535.619 of the Iranian Assets Control
Regulations, 31 CFR Part 535 (“the
Regulations"), is conducting a census on
Form TFR-619 of all property and assets
in the United States of persons served
as defendants in litigation in courts
within the United States brought by Iran
seeking the return of property alleged to
belong to Iran and whose names are
listed in § 535.217(b) of the Regulations.
Reports are required to be filed by all
persons subject to U.S. jurisdiction who
have actual or constructive possession
of any such property or who have a
business relationship with such property
or a personal relationship with such
listed person by reason of which such
persons have knowledge concerning the
property. The information to be reported
is needed by the United States
Government to implement the
agreements between the United States
and Iran. Pursuant to the agreements,
§ 535.217(b) of the Regulations.
2. What must be reported. Property
within the United States within the
control of or in which there was any
direct or indirect interest, at any time
from November 3,1979 to the date of
designation of the relevant person in
§ 535.217(b), of a person whose name is
listed in § 535.217(b) of the Regulations.
3. Primary responsibility for
reporting. Primary responsibility for
reporting rests on the actual holder of
the property or, in the case of a trustee,
with the trustee. A report may be filed
on behalf of a holder by an attorney,
agent or other person. However, the
pertinent information regarding the
person holding the property must be
included in Part A. No person is excused
from filing Form TFR-619 by reason of
the fact that another person has
submitted a report with regard to the
same property, unless he has actual
knowledge that the other person has
filed a report as full and complete as he
would otherwise be required to file.
FOR FURTHER INFORMATION CONTACT.
4. Obtaining Form TFR-619. Copies of
Form TFR-619 with reporting
Part I—General Instructions
instructions are available at each of the
regional Federal Reserve Banks. Copies
A. Reporting Requirements
of Form TFR-619 and the reporting
1. Who must report. Reports on Form instructions may also be obtained from
TFR-619 must be filed by each of the
the Office of Foreign Assets Control,
following persons who are subject to the
Unit 619, Department of the Treasury,
jurisdiction of the United States:
Washington, D.C. 20220 (202) 376-0968.
a. Any person whose name is
5. Filing Form TFR-619. Reports on
published for inclusion in §535.217(b);
Form TFR-619 shall be prepared in
b. Any person who has or had, from
triplicate. Two copies shall be sent in a
November 3.1979 to the date of any
set to Unit 619, Office of Foreign Assets
designation of the relevant person in
Control, Department of the Treasury.
§ 535.217(b), actual or constructive
Washington, D.C. 20220. A copy shall be
possession or control, directly or
retained for the reporter’s records.
indirectly, in trust or otherwise, of
property in which there was any direct
6. Certification. Every report filed on
or indirect interest of any person listed
Form TFR-619 must be certified in Part F
in § 535.217(b) of the Regulations;
of the form. Failure to complete the
c. Any business or non-business entity
certification shall render the report
in the United States in which any person
ineffective, and the submission of such a
listed in § 535.217(b) of the Regulations
report shall not constitute compliance
held any financial interest at any time
with the reporting requirements of
between November 3,1979 and the date
§ 535.619 of the Regulations.
of designation of the relevant person in
§ 535.217(b);
7. Penalties, Reporting on Form TFRd. Any person having knowledge of
619 is mandatory under section 535.619
property or assets of a person listed in
of the Iranian Assets Control
§ 535.217(b) of the Regulations, by
Regulations for persons who are subject
reason of a business relationship with
to the reporting requirements. In this
such property;
regard, section 206 of the International
e. Any person having actual
Emergency Economic Powers Act
knowledge of property of a person
provides as follows:
named in § 535.217(b) because of a
Penalties
personal relationship with the named
person: and
Sec. 206. (a) A civil penalty of not to exceed
f. Any agency of the United States
$10,000 may be imposed on any person who
Government which has in any of its
violates any license, order, or regulation
official financial books and records any
issued under this title.
information which serves to identify any
(b) W hoever willfully violates any license,
property of a person listed in
order, or regulation issued under this title
Unit 619, phone (202) 376-0968.
*
Federal Register / Vo!. 46, No. 92 / Wednesday, May 13, 1981 / Rules and Regulations
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 punished by a like fine,
imprisonment, or both.
B. Definitions
The definitions below shall be used
for the purpose of reporting on Form
TFR-619. Any reference to "the
Regulations" in these instructions or in
Form TFR-619 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. Person. Any individual, partnership,
association, corporation or other
organization.
2. Person subject to the jurisdiction of
the United States.
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) Any person actually within the
United States;
(c) Any corporation organized under
the laws of the United States or of any
state, territory, possession or district of
the United States; and
(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. Financial interest
Any right or claim to ownership or
control, or participation in ownership or
control, or other financial interest
including:
(a) Any shares or stock of any
business or non-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 non-business entity;
(d) Any other outstanding securities of
any business or non-business entity; and
(e) Any other right or claim with
respect to any trust or similar obligation.
4. Property; property interest. The
terms "property" and "property interest”
shall, for purposes of reporting on Form
TFR-619, include, but not be limited to,
money, checks, drafts, bullion, bank
deposits, savings accounts, any debts,
indebtedness obligations, notes,
debentures, stocks, bonds, coupons, and
other financial securities, bankers’
acceptances, mortgages, pledges, liens
or other rights in the nature of security,
warehouse receipts, bills of lading, trust
receipts, bills of sale, any other evidence
of title, ownership or indebtedness,
powers of attorney, 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 interest therein, leaseholds, ground
rents, options, negotiable instruments,
letters of credit, trade acceptances,
royalties, book accounts, judgments,
patents, trademarks, copyrights,
contracts or licenses affecting or
involving patents, trademarks 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
contingent.
5.
Interest. Any interest of any nature
whatsoever, direct or indirect.
C.
Valuation Principles
1. Where valuation is called for, the
following table may be used as a guide.
Examples o f property types—Principal
Checks, drafts, acceptances and notes—
Face or estim ated value.
Commodities, including gold and other
metals—Market value.
Currency and coin—Face value.
Debts, claims and demands—Balance of
the account.
Foreign exchange futures—Difference
between market price of currency and price
specified in contract.
Franchises and concessions—Market
value.
Goods, merchandise or other personal
property—Market value.
Land, buildings and mortgages on real
estate—Market value. Letters of credit—Available amount.
Royalties, gas and oil—Capitalized value.
Securities—Market value.
All amounts reported should be given
in dollars to the nearest dollar.
2. Valuation date. Values shall be
given as of the close of business on the
relevant reporting date.
3. M arket or estim ated value. Where
market value is required, enter the
market price at the close of business on
the date of designation of the relevant
person in section 535.217(b), 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 the relevant reporting date, may
be used as a basis.
4. 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
does not exist, the foreign currency
value thereof shall be converted into a
dollar value in accordance with the
latest rate before the relevant reporting
date, as generally quoted by foreign
exchange dealers or other recognized
sources of information. 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 D.
5. 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 D.
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 D, both kinds of
property should be described and the
property of indeterminable value should
be so described.
Part II—Specific Instructions
Part A—Person Reporting Property
Line 1. Give the reporter’s name.
Line 2. Give the reporter’s address.
Line 3. State whether reporter has
actual or constructive possession of
property reported. If not, state
relationship to property reported.
Line 4. Check the appropriate
description of reporter.
Part B—Information Concerning Person
Whose Property is Reported
Line 1. Report the name(s) as it
appears on your records. Include any
variant name(s), if known.
Line 2. Address.
Part C—Schedule o f Property Required
to be Reported
Be sure the same property is not
reported on more than one line. Holders
must report the amount held on
November 3,1979, in column (1) and the
amount held as of the date designated
after the name of the relevant person in
§ 535.217(b) in column (2). If property to
be reported was acquired subsequent to
November 3,1979 or knowledge of said
property was acquired subsequent to
November 3,1979, report the amount in
column (1) and specify the acquisition
date. IMPORTANT: Be certain to report
in column (1) of Part C the full amount of
any property held on November 3,1979,
r qardless of any subsequent transfer of
the property in whole or in part and
regardless of whether any property is
held currently. Be certain to report in
column (2) the full amount of any
property held on the date of the
designation of the relevant person
indicated in § 535.217(b),
notwithstanding any adverse claim
---------------------------- — —
—
—
Federal Register / Vol. 46, No. 92 / Wednesday, May 13, 1981 / Rules and Regulations
against the property described in Part E.
Line 11. Explain the disposition of any
property held on November 3,1979
which was no longer held, on the date of
the designation of the relevant person in
section 535.217(b), e.g. “Telex transfer
by order of X Bank to Account No.
123456789 at Y Bank, dated December
14,1979.
Part D—Additional Description of
Property Items
Line 1. Briefly describe the property
the value of which has been set forth in
Part C. Breakdowns in specific property
items and detailed descriptions are
unnecessary. 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 C
indicating the type of property.
Line 2. State location of the reported
asset if different than the address of the
reporter.
Line 3. State your knowledge of safes,
safe-deposit boxes, or other receptacles
for property in which the person
described in Part B has any interest or
right of access.
Part E—Claims Against Property
Reported
Line 1. (a through c). Give description
and amount of claim as well as name,
address and citizenship of the adverse
claimant.
Line 2. (a through c). If any person
other than the person reported in Part B
has an interest in the property being
reported (such as those of heirs of
blocked decedent's estates, or
beneficiaries of blocked insurance
policies), state nature and extent or
amount of such interest. Also give name
and citizenship of such person or
persons.
Part F—Certification
Be certain not to omit the required
certification. The report is not valid
without certification.
Form TFR-619
Census of Properties of Persons Served as
Defendants in Litigation Brought by Iran
Seeking Return of Property Alleged to Belong
to Iran
Office o f Foreign Assets Control. Unit 619,
Department o f the Treasury, Washington,
D.C. 20220
Deadline: This form is to be completed and
returned to the above address by
Form TFR-619 is to be used by all persons
required to file reports pursuant to section
535.619 of Title 31 of the Code of Federal
Regulations. Before preparing this report read
the instructions carefully. Information
reported will be used by the United States
Government to implement agreements
betw een the United States and Iran, and
certain identifying information derived from
the results will be provided to the
Government of Iran.
To the Secretary of the Treasury:
The undersigned, pursuant to section
535.619 of Title 31 of the Code of Federal
Regulations, hereby makes the following
report:
Part A—Person Reporting Property (see
instructions)
1. N am e----------------------------------------—
----------------------------2. Address—Street — —
City and S ta te ------------------------------- — —
Foreign country -----------------------------— —
3. State whether reporter has actual or con
structive possession of property reported. If
not, state relationship to property reported. —
amount in column (1) for any line above,
explain increase or decrease including
identifying information (i.e., name, address,
account number) regarding person or account
to which property w as transferred.
Part D—Additional Description of Property
Items
Type (see par. C)
2. If the property described in this report is
located at a place other than the address of
the reporter, specify name and address of
custodian of the property and location of the
property.
(Check
one)
4. Type of reporter.
Bank............................................ ........... (
3. To your knowledge does the estate or
person whose property is being reported
have, or have use of, or access to, any safe,
safe deposit box, or other receptacle for the
property? [ ] Yes [ ] No
If the answ er is “Yes” and the contents of
such safe, box, etc., have not been included in
this report, explain why not.
Part B—Information Concerning Person
W hose Property Is Reported (see specific
instructions)
1. N am e---------- — -----------------------------Anv variant name ----------------------------2. A ddress-----------------------------------------
Part E—Claims Against Property Reported
1. Describe any adverse claims, including
any legal actions or proceedings whatsoever,
asserted or existing against, or with respect
to, any property reported. With respect to
such claims give the following information:
a. Description of the claim ---------------------
........ (
Trustee/Fiduciary Agent........... ......... (
Other business firm................... ........ (
Individual........................ - .......... ........ (
U.S. Government agency....................... (
Other (explain)........................... ........... (
Part C—Schedule of Property Required To Be
Reported (see specific instructions)
(Enter value In whole
dollars)
(1) Amount
(2) Amount
As of 11/3/
79 or
As of date
of
designation
in section
535.217(b)
Type of property
-/-/-
(Specify)
1. Deposits:
a. Time.........................
b. Demand...................
2. Bullion, currency and
coin......................................
3. Notes, checks, drafts,
acceptances,
commercial paper, etc..............................
4. Debts..................................... .............—
5. Financial securities
payable in dollars....................................
6. Financial securities
payable in other
currencies..™.................................................
7. Direct investment in
U.S. businesses.........................................
9. Personal property............... ,
10. Miscellaneous................... .
Total (1 through
10)................................... ......
b. Amount of the adverse claim $ ------------c. Name, address and citizenship of the ad
verse claim ant--------------------------------------2. If any other person has an interest in the
property being reported, state the following
information:
a. Nature of the interest --------------------------
b. Extent or amount of such interest —
c. Name and citizenship of such person
Part F—Certification
I. (type or print nam e)---------------------- ,
certify 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 — ------------------------------City-----------------------------------------— ------State ---------------------------- — —----------—
Person to contact regarding this report:
N am e----------- — ----------------------------- —
Telephone Number ---------------------------- —
[FRDoc.
11. If amount in column (2) differs from
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@FedFRASER