Venezuela General License 31B - Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons

Date issued: Jan. 09 2023

Last substantive commentary amendment:
May. 01 2023

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TURBOFAC Commentary (1142 words)

Notes:

1.1) The GL was amended on 1-4-2020 (to create Venezuela General License 31A), to change the authorization for the “Venezuelan National Assembly” to the “IV National Assembly,” and to specify that the authorization covers the “Delegated Commission” of the IV National Assembly. The exclusion section (paragraph (c)) was amended to specify that the “illegitimate National Assembly scheduled to be seated on January 5, 2021, including their respective members and staff,” is excluded from the scope of the GL. See previous versions of the GL in the native PDF file.

1.2) See Venezuela General License 42, a GL complementing this one for negotiations involving IV National Assembly entities that would otherwise be prohibited by EOs other than EO 13884 and EO 13850.

2) The GL was further amended on 1-9-2023 (to create...