U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 

1 

99–011 2011

112th Congress, 1st Session – – – – – – – – – – – – – House Document 112–27 

NOTIFICATION OF AN EXECUTIVE ORDER ISSUED 

WITH RESPECT TO THE ACTIONS AND POLICIES 

OF THE GOVERNMENT OF IRAN 

MESSAGE 

FROM

THE PRESIDENT OF THE UNITED STATES 

TRANSMITTING

NOTIFICATION OF AN EXECUTIVE ORDER THAT TAKES ADDITIONAL STEPS WITH RESPECT TO THE NATIONAL EMERGENCY 

DECLARED IN EXECUTIVE ORDER 12957 OF MARCH 15, 1995 AND 

IMPLEMENTS THE EXISTING STATUTORY REQUIREMENTS OF 

THE IRAN SANCTIONS ACT OF 1996 

MAY 24, 2011.—Message and accompanying papers referred to the 

Committee on Foreign Affairs and ordered to be printed 


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To the Congress of the United States: 

Pursuant to the International Emergency Economic Powers Act 

(50 U.S.C. 1701 et seq.) (IEEPA), I hereby report that I have issued 

an Executive Order (the ‘‘order’’) that takes additional steps with 

respect to the national emergency declared in Executive Order 

12957 of March 15, 1995, and implements the existing statutory requirements of the Iran Sanctions Act of 1996 (Public Law 104–172) 

(50 U.S.C. 1701 note) (ISA), as amended by, inter alia, the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 

2010 (Public Law 111–195) (CISADA). 

In Executive Order 12957, the President found that the actions 

and policies of the Government of Iran threaten the national security, foreign policy, and economy of the United States. To deal with 

that threat, the President in Executive Order 12957 declared a national emergency and imposed prohibitions on certain transactions 

with respect to the development of Iranian petroleum resources. To 

further respond to that threat, Executive Order 12959 of May 6, 

1995, imposed comprehensive trade and financial sanctions on 

Iran. Executive Order 13059 of August 19, 1997, consolidated and 

clarified the previous orders. To take additional steps with respect 

to the national emergency declared in Executive Order 12957 and 

to implement section 105(a) of CISADA, I issued Executive Order 

13553 on September 28, 2010, to impose sanctions on officials of 

the Government of Iran and other persons acting on behalf of the 

Government of Iran determined to be responsible for or complicit 

in certain serious human rights abuses. 

In CISADA, which I signed into law on July 1, 2010, the Congress found that the illicit nuclear activities of the Government of 

Iran, along with its development of unconventional weapons and 

ballistic missiles and its support for international terrorism, threaten the security of the United States. To address the potential connection between Iran’s illicit nuclear program and its energy sector, 

CISADA amended ISA to expand the types of activities that are 

sanctionable under that Act. ISA now requires that sanctions be 

imposed or waived for persons that are determined to have made 

certain investments in Iran’s energy sector or to have engaged in 

certain activities relating to Iran’s refined petroleum sector. In addition to expanding the types of sanctionable energy-related activities, CISADA added new sanctions that can be imposed pursuant 

to ISA. 

This order is intended to implement the statutory requirements 

of ISA. Certain ISA sanctions require action by the private sector, 

and the order will further the implementation of those ISA sanctions by providing authority under IEEPA to the Secretary of the 

Treasury to take certain actions with respect to those sanctions. 

The order states that the Secretary of the Treasury, in consultation 

with the Secretary of State, shall take the following actions necVerDate Mar 15 2010 06:10 May 25, 2011 Jkt 099011 PO 00000 Frm 00003 Fmt 6633 Sfmt 6633 E:\HR\OC\HD027.XXX HD027

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essary to implement the sanctions selected, imposed, and maintained on a person by the President or by the Secretary of State, 

pursuant to authority that I have delegated: • with respect to section 6(a)(3) of ISA, prohibit any United 

States financial institution from making loans or providing credits 

to the person consistent with section 6(a)(3) of ISA; • with respect to section 6(a)(6) of ISA, prohibit any transactions 

in foreign exchange that are subject to the jurisdiction of the 

United States and in which the person has any interest; • with respect to section 6(a)(7) of ISA, prohibit any transfers of 

credit or payments between financial institutions or by, through, or 

to any financial institution, to the extent that such transfers or 

payments are subject to the jurisdiction of the United States and 

involve any interest of the person; • with respect to section 6(a)(8) of ISA, block all property and interests in property that are in the United States, that come within 

the United States, or that are or come within the possession or control of any United States person, including any overseas branch, of 

the person, and provide that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in; or • with respect to section 6(a)(9) of ISA, restrict or prohibit imports of goods, technology, or services, directly or indirectly, into 

the United States from the person. 

I have delegated to the Secretary of the Treasury the authority, 

in consultation with the Secretary of State, to take such actions, including the promulgation of rules and regulations, and to employ 

all powers granted to the President by IEEPA and the relevant 

provisions of ISA, and to employ all powers granted to the United 

States Government by the relevant provision of ISA as may be necessary to carry out the purposes of the order. All executive agencies 

of the United States Government are directed to take all appropriate measures within their authority to carry out the provisions 

of the order. 

I am enclosing a copy of the Executive Order I have issued. 

BARACK OBAMA. 

THE WHITE HOUSE, May 23, 2011. 


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EXECUTIVE ORDER

AUTHORIZING THE IMPLEMENTATION OF CERTAIN SANCTIONS SET

FORTH IN THE IRAN SANCTIONS ACT OF 1996, AS AMENDED

By the authority vested in me as President by the Constitution 

and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) 

(IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), 

the Iran Sanctions Act of 1996 (Public Law 104–172) (50 U.S.C. 

1701 note) (ISA), as amended by, inter alia, the Comprehensive 

Iran Sanctions, Accountability, and Divestment Act of 2010 (Public 

Law 111–195), and section 301 of title 3, United States Code, and 

in order to take additional steps with respect to the national emergency declared in Executive Order 12957 of March 15, 1995, 

I, BARACK OBAMA, President of the United States of America, 

hereby order: 

Section 1. (a) When the President, or the Secretary of State pursuant to authority delegated by the President and in accordance 

with the terms of such delegation, which includes consultation with 

the Secretary of the Treasury, has determined that sanctions shall 

be imposed on a person pursuant to section 5 of ISA and has selected the sanctions set forth in section 6 of ISA to impose on that 

person, the Secretary of the Treasury, in consultation with the Secretary of State, shall take the following actions with respect to the 

sanctions imposed and maintained by the President or by the Secretary of State pursuant to and in accordance with the terms of 

such delegation: 

(i) with respect to section 6(a)(3) of ISA, prohibit any United 

States financial institution from making loans or providing 

credits to the ISA-sanctioned person consistent with section 

6(a)(3) of ISA; 

(ii) with respect to section 6(a)(6) of ISA, prohibit any transactions in foreign exchange that are subject to the jurisdiction 

of the United States and in which the ISA-sanctioned person 

has any interest; 

(iii) with respect to section 6(a)(7) of ISA, prohibit any transfers of credit or payments between financial institutions or by, 

through, or to any financial institution, to the extent that such 

transfers or payments are subject to the jurisdiction of the 

United States and involve any interest of the ISA-sanctioned 

person; 

(iv) with respect to section 6(a)(8) of ISA, block all property 

and interests in property that are in the United States, that 

come within the United States, or that are or come within the 

possession or control of any United States person, including 

any overseas branch, of the ISA-sanctioned person, and provide 


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that such property and interests in property may not be transferred, paid, exported, withdrawn, or otherwise dealt in; or 

(v) with respect to section 6(a)(9) of ISA, restrict or prohibit 

imports of goods, technology, or services, directly or indirectly, 

into the United States from the ISA-sanctioned person. 

(b) I hereby determine that, to the extent section 203(b)(2) of 

IEEPA (50 U.S.C. 1702(b)(2)) may apply, the making of donations 

of the types of articles specified in such section by, to, or for the 

benefit of any ISA-sanctioned person whose property and interests 

in property are blocked pursuant to subsection (a)(iv) of this section 

would seriously impair my ability to deal with the national emergency declared in Executive Order 12957, and I hereby prohibit 

such donations as provided by subsection (a)(iv) of this section. 

(c) The prohibitions in subsection (a)(iv) of this section include 

but are not limited to: 

(i) the making of any contribution or provision of funds, 

goods, or services by, to, or for the benefit of any ISA-sanctioned person whose property and interests in property are 

blocked pursuant to this order; and 

(ii) the receipt of any contribution or provision of funds, 

goods, or services from any such ISA-sanctioned person. 

(d) The prohibitions in subsection (a) of this section apply except 

to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and 

notwithstanding any contract entered into or any license or permit 

granted prior to the date of this order. 

Sec. 2. (a) Any transaction by a United States person or within 

the United States that evades or avoids, has the purpose of evading 

or avoiding, causes a violation of, or attempts to violate any of the 

prohibitions set forth in this order is prohibited. 

(b) Any conspiracy formed to violate any of the prohibitions set 

forth in this order is prohibited. 

Sec. 3. For the purposes of this order: 

(a) the term ‘‘person’’ means an individual or entity; 

(b) the term ‘‘entity’’ means a partnership, association, trust, 

joint venture, corporation, group, subgroup, or other organization; 

(c) the term ‘‘United States person’’ means any United States citizen, permanent resident alien, entity organized under the laws of 

the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States; 

(d) the term ‘‘financial institution’’ includes (i) a depository institution (as defined in section 3(c)(1) of the Federal Deposit Insurance Act) (12 U.S.C. 1813(c)(1)), including a branch or agency of a 

foreign bank (as defined in section 1(b)(7) of the International 

Banking Act of 1978) (12 U.S.C. 3101(7)); (ii) a credit union; (iii) 

a securities firm, including a broker or dealer; (iv) an insurance 

company, including an agency or underwriter; and (v) any other 

company that provides financial services; 

(e) the term ‘‘United States financial institution’’ means a financial institution (including its foreign branches) organized under the 

laws of the United States or of any jurisdiction within the United 

States; and 

(f) the term ‘‘ISA-sanctioned person’’ means a person that the 

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gated by the President and in accordance with the terms of such 

delegation, including consultation with the Secretary of the Treasury, has determined is a person on whom sanctions shall be imposed pursuant to section 5 of ISA and on whom the President or 

the Secretary of State has imposed any of the sanctions in section 

6 of ISA. 

Sec. 4. For those persons whose property and interests in property are blocked pursuant to this order who might have a constitutional presence in the United States, I find that because of the ability to transfer funds or other assets instantaneously, prior notice 

to such persons of measures to be taken pursuant to section 1(a)(iv) 

of this order would render those measures ineffectual. I therefore 

determine that for these measures to be effective in addressing the 

national emergency declared in Executive Order 12957, there need 

be no prior notice of an action taken pursuant to section 1(a)(iv) of 

this order. 

Sec. 5. The Secretary of the Treasury, in consultation with the 

Secretary of State, is hereby authorized to take such actions, including the promulgation of rules and regulations, and to employ 

all powers granted to the President by IEEPA and sections 6(a)(6), 

6(a)(7), 6(a)(8), and 6(a)(9) of ISA, and to employ all powers granted 

to the United States Government by section 6(a)(3) of ISA as may 

be necessary to carry out the purposes of this order. The Secretary 

of the Treasury may redelegate any of these functions to other officers and agencies of the United States Government consistent with 

applicable law. All agencies of the United States Government are 

hereby directed to take all appropriate measures within their authority to carry out the provisions of this order. 

Sec. 6. This order is not intended to, and does not, create any 

right or benefit, substantive or procedural, enforceable at law or in 

equity by any party against the United States, its departments, 

agencies, or entities, its officers, employees, or agents, or any other 

person. 

Sec. 7. The measures taken pursuant to this order are in response to actions of the Government of Iran occurring after the 

conclusion of the 1981 Algiers Accords, and are intended solely as 

a response to those later actions. 

BARACK OBAMA. 

THE WHITE HOUSE, May 23, 2011. 

Æ 


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