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509. Is there a wind-down or safe harbor provision for the prohibitions in Executive Order (E.O.) 13808?

Answer

General License 1, which expired on September 25, 2017, provided a wind-down period with respect to contracts and other agreements that were in effect prior to August 25, 2017. That general license provided 30 days in which to conduct all transactions and activities otherwise prohibited by Subsections 1(a)(i)-(iii) and (b) of E.O.13808 that were ordinarily incident and necessary to winding down such agreements.There is no wind-down authorization for Subsection 1(a)(iv) of E.O. 13808

Date Released
July 19, 2018