Case No. IA-2016-333011-1

Date issued: Oct. 29 2018

You've hit a wall. Sign in if you have an account, or learn more about TURBOFAC and subscription options.
TURBOFAC is a module of the compliance platform OverRuled. To learn more about OverRuled, visit www.overruled.com.

TURBOFAC Commentary (486 words)

Notes:

1) The applicant U.S. person (with its non-U.S. subsidiaries) sought guidance under Iran General License (No. H), which had been revoked by the time OFAC responded. More specifically, the applicant sought “to determine whether a U.S. person would be permitted to export or reexport U.S.-origin medicine to its owned or controlled foreign entity, in compliance with section 560.530(a) of the ITSR, if the U.S. person knows or has reason to know that the owned or controlled foreign entity will reexport the U.S.-origin medicine to Iran while also conducting related activities authorized by GL H but not permitted under section 560.530(a).”

2) Iran General License (No. H) authorized entities subject to the ITSR through 560.215 to engage in certain Iran-related activities...