22 USC 8724 - Continuation in effect of sanctions with respect to the Government of Iran, the Central Bank of Iran, and sanctions evaders

U.S Code last checked for updates: Nov 22, 2024

§ 8724.

Continuation in effect of sanctions with respect to the Government of Iran, the Central Bank of Iran, and sanctions evaders

(a)

Sanctions relating to blocking of property of the Government of Iran and Iranian financial institutions

(b)

Sanctions relating to foreign sanctions evaders

(c)

Continuation of sanctions with respect to the Central Bank of Iran

(d)

Certification described

(1)

In general

The certification described in this subsection is the certification of the President to Congress that the Central Bank of Iran is not—

(A)

providing financial services in support of, or otherwise facilitating, the ability of Iran to—

(i)

acquire or develop chemical, biological, or nuclear weapons, or related technologies;

(ii)

construct, equip, operate, or maintain nuclear facilities that could aid Iran’s effort to acquire a nuclear capability; or

(iii)

acquire or develop ballistic missiles, cruise missiles, or destabilizing types and amounts of conventional weapons; or

(B)

facilitating transactions or providing financial services for—

(i)

Iran’s Revolutionary Guard Corps; or

(ii)

financial institutions the property or interests in property of which are blocked pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) in connection with—

(I)

Iran’s proliferation of weapons of mass destruction or delivery systems for weapons of mass destruction; or

(II)

Iran’s support for international terrorism.

(2)

Submission to Congress

(A)

In general

(B)

Form of certification

(e)

Rule of construction

(Pub. L. 112–158, title II, § 217, Aug. 10, 2012, 126 Stat. 1233.)

cite as: 22 USC 8724