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OFFICE OF FOREIGN ASSETS CONTROL
Ukraine Related Sanctions Regulations
31 CFR part 589
GENERAL LICENSE NO. 13R
Authorizing the Wind Down of Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group
(a) Except as provided in paragraph (d) of this general license, all transactions and activities otherwise prohibited by the Ukraine Related Sanctions Regulations, 31 CFR part 589 (URSR), that are ordinarily incident and necessary (1) to divest or transfer debt, equity, or other holdings in GAZ Group to a non-U.S. person, or (2) to facilitate the transfer of debt, equity, or other holdings in GAZ Group by a non-U.S. person to another non-U.S. person, are authorized through 12:01 a.m. eastern daylight time, May 25, 2022.
(b) Except as provided in paragraph (d) of this general license, all...
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1) See FAQs and comments thereto for discrete issues raised by the GL: FAQ 570, FAQ 571, FAQ 584.
2.0) GL 13 was amended on June 26, 2019, November 1, 2019, March 20, 2020, July 16, 2020 and December 23, 2020, to extend the date of expiration. On April 25, 2022, the GL was changed from a one titled "Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group" to one titled "Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in GAZ Group". However, apart from the title and the extension of the expiration date by a month, there were no other changes to the GL. Query: does the substantive scope of the GL change just because the title changed, or...