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OFFICE OF FOREIGN ASSETS CONTROL
Global Terrorism Sanctions Regulations, 31 C.F.R. Part 594
Terrorism Sanctions Regulations, 31 C.F.R. Part 595
Foreign Terrorist Organizations Sanctions Regulations, 31 C.F.R. Part 597
General License No. 1
Official activities of certain international organizations; U.S. person employees of certain governments.
(a) All transactions and activities with the Palestinian Authority otherwise prohibited under 31 C.F.R. parts 594, 595 or 597 that are for the conduct of the official business of the United Nations are authorized, provided that no payment pursuant to this license may involve a debit to an account of the Palestinian Authority on the books of a U.S. financial institution or to any account blocked pursuant to 31 C.F.R. parts 594, 595, or 597.
(b) U.S. persons who are employees of the governments of states bordering the West Bank or Gaza are authorized to engage in all transactions and activities outside of the United States with the Palestinian Authority that are otherwise prohibited under 31 C.F.R. parts 594, 595 or 597 in support of the U.S. persons’ official duties, provided that no payment pursuant to this license may involve a debit to an account of the Palestinian Authority on the books of a U.S. financial institution or to any account blocked pursuant to 31 C.F.R. parts 594, 595, or 597.
(c) For purposes of this General License only, the term "United Nations" means its principal organs, including funds, bodies, commissions, agencies, departments and other entities of the Security Council, General Assembly, Economic and Social Council and Secretariat, specifically including, among others, the World Bank, the International Monetary Fund, the World Food Programme, and the World Health Organization.
Dated: April 12, 2006
[SIGNATURE]
Barbara C. Hammerle
Acting Director
Office of Foreign Assets Control
No external link available.
GTSR/FTOSR/TSR GL 1 remains on OFAC's website, but was incorporated in the corresponding sanctions regulations at 594.510, 595.508 and 597.506. These have been made redundant by GTSR/FTOSR/TSR General License 7 (and 7a), which authorizes all transactions with the Palestinian Authority.
*In 2019, EO 12947 and the national emergency declared therein, were revoked by Executive Order 13886 (Modernizing Sanctions to Combat Terrorism). Even though EO 13886 "build[s] upon the initial steps taken in Executive Order 12947," that EO is of no continuing legal relevance, and the revocation of EO 12947 had effectively terminated the Terrorism Sanctions Regulations (Part 595)). On Mar. 10, 2020, OFAC removed the TSR from the CFR (see https://home.treasury.gov/system/files/126/fr85_13746.pdf).