Proposed Rules. THE WHITE HOUSE
294 words·~1 min read·
/register/2005/01/10/05-514·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
BILLING CODE 4210-27-P 70 6 Monday, January 10, 2005 Presidential Documents Part IV The President Presidential Determination No. 2004-48 of September 20, 2004—Intention to Grant Waiver of the Application of Section 901(j) of the Internal Revenue Code With Respect to Libya Presidential Determination No. 2005-12 of December 10, 2004—Presidential Determination to Waive the Application of Section 901(j) of the Internal Revenue Code With Respect to Libya Presidential Determination No. 2005-16 of January 4, 2005—Provision of Emergency Disaster Relief Assistance to Twelve Countries Affected by the Asian Tsunami, Including the Drawdown Under Section 506(a)(2) of the Foreign Assistance Act of 1961, as Amended, of Articles and Services Title 3— The President Presidential Determination No. 2004-48 of September 20, 2004 Intention to Grant Waiver of the Application of Section 901(j) of the Internal Revenue Code with Respect to Libya Memorandum for the Secretary of the Treasury By virtue of the authority vested in me by the Constitution and the laws of the United States, including section 901(j)(5) of the Internal Revenue Code (the “Code”) and section 301 of title 3, United States Code:
(a)I hereby determine that the waiver of the application of section 901(j)(1) of the Code with respect to Libya is in the national interest of the United States and will expand trade and investment opportunities for U.S. companies in Libya;
(b)I intend to grant such a waiver with respect to Libya; and
(c)I authorize and direct you to report to the Congress in accordance with section 901(j)(5)(B) of the Code my intention to grant the waiver and the reason for this determination and to arrange for publication of this determination in the **Federal Register** . B THE WHITE HOUSE, Washington, September 20, 2004. [FR Doc. 05-514 Filed 1-7-05; 8:45 am]