Sec. 204. Prohibition on licenses or other authorization for United States persons to engage in activities relating to certain projects to produce oil in the Russian Federation
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Effective as of the date of the enactment of this Act— the Secretary of the Treasury, acting directly or through any person, agency, or instrumentality, may not provide a license or other authorization pursuant to Directive 4 under Executive Order 13662 to engage in any of the activities prohibited under such Directive; and any license or other authorization provided before such date of enactment by the Secretary of the Treasury, acting directly or through any person, agency, or instrumentality, pursuant to Directive 4 under Executive Order 13662 to engage in any of the activities prohibited under such Directive shall have no force or effect.
In this section, the term Directive 4 under Executive Order 13662 means Directive 4 of September 12, 2014, under Executive Order 13662 of March 20, 2014 (79 Fed. Reg. 16169; relating to Blocking Property of Additional Persons Contributing to the Situation in Ukraine) or any successor Directive or other Executive action.
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- 79 FR 16169
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Sec. 204
Prohibition on licenses or other authorization for United States persons to engage in activities relating to certain projects to produce oil in the Russian Federation
Fed. Reg.79 FR 16169
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