Requirement
Procedures
Requests for authorization under subsection (a) shall be submitted to the Office of Foreign Assets Control in conformance with the Office’s regulations, including section 501.801 of title 31, Code of Federal Regulations (commonly known as the Reporting, Procedures and Penalties Regulations). Applicants shall fully disclose the parties to the transactions as well as describe the activities to be undertaken. License applications involving the exportation or reexportation of goods, technology, or software to Iran shall include a copy of an official Commodity Classification issued by the Department of Commerce, Bureau of Industry and Security, as part of the license application.
Foreign policy review
The Department of State shall complete a foreign policy review of a request for authorization under subsection (a) not later than 30 days after the request is referred to the Department by the Office of Foreign Assets Control.
License determinations
Regulations
The Secretary of the Treasury may prescribe such regulations as are appropriate to carry out this section.
Pub. L. 112–158, title IV, § 413126 Stat. 1256 (, , .)
Editorial Notes
References in Text
Pub. L. 102–484106 Stat. 2571 section 1701 of Title 50The Iran-Iraq Arms Non-Proliferation Act of 1992, referred to in subsec. (d)(1), is title XVI of div. A of , , , which is set out as a note under , War and National Defense.
Statutory Notes and Related Subsidiaries
Change of Name
section 6204(a)(21) of this titleBroadcasting Board of Governors renamed United States Agency for Global Media pursuant to . The renaming was effectuated by notice to congressional appropriations committees dated , and became effective .