25644 Federal Register / Vol. 65, No. 86 / Wednesday, May 3, 2000 / Rules and Regulations

reexportation, sale, or supply, directly

or indirectly, to Iran or the Government

of Iran.

(d) Iranian accounts. Nothing in this

section authorizes a debit or credit to an

account of a person located in Iran or of

the Government of Iran maintained on

the books of a U.S. depository

institution.

(e) Examples. The following are

examples of transactions permitted

under this section:

(1) A United States depository

institution may issue a letter of credit in

favor of a person in Iran to finance the

importation into the United States of

Iranian-origin caviar; the letter of credit

may be confirmed by a third-country

bank that is not included within the

definition of the term Government of

Iran.

(2) A United States depository

institution may advise or confirm a

letter of credit issued by a third-country

bank that is not included within the

definition of the term Government of

Iran to finance the purchase from a third

country of Iranian-origin carpets by a

U.S. person or third-country national.

(3) A United States person may broker

the sale of Iranian-origin carpets from

Iran to a third-country national located

outside Iran.

(4) A bank that is owned or controlled

by the Government of Iran may forward

letter of credit documents, strictly on a

documentary collection basis, either

directly to a United States depository

institution or to a third country bank

that is not included within the

definition of the term Government of

Iran and that is party to a letter of credit

issued by a United States depository

institution. The Iranian bank may not,

however, send the documents on an

‘‘approval’’ basis, since it is not and

cannot be party to the letter of credit.

Note to § 560.535: See §§ 560.304 and

560.313 for information relating to

individuals and entities that are included

within the definition of the term Government

of Iran. Some entities meeting this definition

are listed in appendix A to this part. See also

§ 560.516 for information relating to

authorized transfers to Iran by U.S.

depository institutions relating to licensed

transactions.

Dated: April 26, 2000.

R. Richard Newcomb,

Director, Office of Foreign Assets Control.

Approved: April 27, 2000.

Elisabeth A. Bresee,

Assistant Secretary (Enforcement),

Department of the Treasury.

[FR Doc. 00–11009 Filed 4–28–00; 2:25 pm]

BILLING CODE 4810–25–P

DEPARTMENT OF TRANSPORTATION

33 CFR Part 100

[CGD07–00–035]

RIN 2115–AE47

Special Local Regulations: South

Carolina Aquarium Grand Opening

Fireworks Display, Charleston Harbor,

Charleston, SC

AGENCY: Coast Guard, DOT.

ACTION: Temporary final rule.

SUMMARY: Temporary Special Local

Regulations are being adopted for the:

South Carolina Aquarium Grand

Opening fireworks display. These

regulations are needed to provide for the

safety of life on navigable waters during

the event.

DATES: These regulations become

effective at 8:30 p.m. and terminate at

10 p.m. EDT on May 20, 2000.

FOR FURTHER INFORMATION CONTACT: Lt.

Simone Brisco at (843) 724–7628.

SUPPLEMENTARY INFORMATION:

Regulatory Information

We did not publish a notice of

proposed rulemaking (NPRM) for this

regulation. Under 5 U.S.C. 553(b)(B) and

553(d)(3), the Coast Guard finds that

good cause exists for not publishing an

NPRM and making these regulations

effective less than 30 days after the

Federal Register publication. Publishing

an NPRM and delaying the effective

date would be contrary to national

safety interests since immediate action

is needed to minimize potential danger

to the public as there will be numerous

spectator craft in the area, the event date

is scheduled for May 20, 2000, and the

permit request was only recently

received.

Background and Purpose

These regulations are required to

provide for the safety of life on

navigable waters because of the inherent

danger of the storage and launching of

fireworks in the vicinity of spectator

craft in Charleston Harbor, Charleston,

SC. These regulations prohibit nonparticipating vessels from entering the

area surrounding the two fireworks

barges.

Regulatory Evaluation

This proposal is not a ‘‘significant

regulatory action’’ under section 3(f) of

Executive Order 12866 and does not

require an assessment of potential costs

and benefits under section 6(a)(3) of that

order. The Office of Management and

Budget has not reviewed it under that

order. It is not ‘‘significant’’ under the

regulatory policies and procedures of

the Department of Transportation (DOT)

(44 FR 11040: February 26, 1979). The

Coast Guard expects the economic

impact of this proposal to be so minimal

that a full Regulatory Evaluation under

paragraph 10(e) of the regulatory

policies and procedures of DOT is

unnecessary. The regulated area will

only be in effect for approximately 11⁄2

hours.

Small Entities

Under the Regulatory Flexibility Act

(5 U.S.C. 601 et seq.), the Coast Guard

must consider whether this rule will

have a significant economic effect upon

a substantial number of small entities.

‘‘Small entities’’ include small business,

not-for-profit organizations that are

independently owned and operated and

are not dominant in their fields, and

governmental jurisdictions with

populations of less than 50,000.

The Coast Guard certifies under 5

U.S.C. 605(b) that this rule will not have

a significant economic impact on a

substantial number of small entities as

the regulations will only be in effect for

11⁄2 hours in a limited area and the

event will be highly publicized.

Assistance for Small Entities

Under section 213(a) of the Small

Business Regulatory Enforcement

Fairness Act of 1996 (Pub. L. 104–221),

we offer to assist small entities in

understanding the rule so that they

could better evaluate its effects on them

and participate in the rulemaking

process. Small entities may contact the

person listed under FOR FURTHER

INFORMATION CONTACT for assistance in

understanding and participating in this

rulemaking. We also have a point of

contact for commenting on actions by

employees of the Coast Guard. Small

businesses may send comments on the

actions of Federal employees who

enforce, or otherwise determine

compliance with Federal regulations to

the Small Business and Agriculture

Regulatory Enforcement Ombudsman

and the Regional Small Business

Regulatory Fairness Boards. The

Ombudsman evaluates these actions

annually and rates each agency’s

responsiveness to small business. If you

wish to comment on actions by

employees of the Coast Guard, call 1–

888–REG–FAIR (1–888–734–3247).

Collection of Information

This rule calls for no new collection

of information requirements under the

Paperwork Reduction Act (44 U.S.C.

3501 et seq.).

Federal Register / Vol. 65, No. 86 / Wednesday, May 3, 2000 / Rules and Regulations 25645

Federalism

We have analyzed this rule under

Executive Order 13132 and have

determined that this rule does not have

implications for federalism under that

order.

Unfunded Mandates Reform Act

The Unfunded Mandates Reform Act

of 1995 (2 U.S.C. 1531–1538) governs

the issuance of Federal regulations that

require unfunded mandates. An

unfunded mandate is a regulation that

requires a State, local, or tribal

government or the private sector to

incur direct costs without the Federal

Government’s having first provided the

funds to pay those unfunded mandate

costs. This rule will not impose an

unfunded mandate.

Taking of Private Property

This rule will not effect a taking of

private property or otherwise have

taking implications under E.O. 12630,

Governmental Actions and Interference

with Constitutionally Protected Property

Rights.

Civil Justice Reform

This rule meets applicable standards

in sections 3(a) and 3(b)(2) of E.O.

12988, Civil Justice Reform, to minimize

litigation, eliminate ambiguity, and

reduce burden.

Protection of Children

We have analyzed this rule under E.O.

13045, Protection of Children from

Environmental Health Risks and Safety

Risks. This rule is not an economically

significant rule and does not concern an

environmental risk to health or safety

that may disproportionately affect

children.

Environment

The Coast Guard has considered the

environmental impact of this action and

has determined pursuant to Figure 2–1,

paragraph 34(h) of Commandant

Instruction M16475.1C, that this action

is categorically excluded from further

environmental documentation.

List of Subjects in 33 CFR Part 100

Marine safety, Navigation (water),

Reporting and recordkeeping

requirements, Waterways.

Temporary Regulations

In consideration of the foregoing, the

Coast Guard amends part 100 of Title

33, Code of Federal Regulations as

follows:

PART 100—[AMENDED]

1. The authority citation for part 100

continues to read as follows:

Authority: 33 U.S.C. 1233.49 CFR 1.46, and

33 CFR 100.35.

2. Add temporary § 100.35T–07–035

to read as follows:

§ 100.35T–07–035 South Carolina

Aquarium Grand Opening fireworks display,

Charleston Harbor, Charleston, SC.

(a) Regulated Area. The rectangular

regulated area in Charleston Harbor is

bounded on the north by a line drawn

along latitude 32°47′38′′ N, on the south

by a line along 32°46′40′′ W, on the east

by a line along longitude 79°54′57′′ W

and on the west by a line along

79°55′23′′ W. All coordinates referenced

use Datum: NAD 1983.

(b) Coast Guard Patrol Commander.

The Coast Guard Patrol Commander is

a commissioned, warrant, or petty

officer of the Coast Guard who has been

designated by Commanding Officer,

Group Charleston, SC.

(c) Special Local Regulations. Entry

into the regulated area by other than

event participants is prohibited, unless

otherwise authorized by the Patrol

Commander. Spectator craft may remain

in a spectator area to be established by

the event sponsor, The South Carolina

Aquarium.

(d) Dates. These regulations become

effective at 8:30 p.m. and terminate at

10 p.m. EDT on May 20, 2000.

Dated: April 20, 2000

G. W. Sutton,

Captain, U.S. Coast Guard, Commander,

Seventh Coast Guard District Acting.

[FR Doc. 00–10942 Filed 5–2–00; 8:45 am]

BILLING CODE 4910–15–U

DEPARTMENT OF TRANSPORTATION

Coast Guard

33 CFR Part 117

[CGD01–00–127]

Drawbridge Operation Regulations:

Fore River, MA

AGENCY: Coast Guard, DOT.

ACTION: Notice of temporary deviation

from regulations.

SUMMARY: The Commander, First Coast

Guard District has issued a temporary

deviation from the existing drawbridge

regulations for the Quincy Weymouth

SR3A Bridge, mile 3.5, across the Fore

River between Quincy and Weymouth,

Massachusetts. This deviation allows

the bridge owner to keep the bridge in

the closed position for 4 hours, 8 a.m.

to 12 p.m., on May 6, 2000. This

deviation is necessary to facilitate

necessary repairs to the bridge.

DATES: This deviation is effective on

May 6, 2000.

FOR FURTHER INFORMATION CONTACT: Mr.

John McDonald, Project Officer, First

Coast Guard District, (617) 223–8364.

SUPPLEMENTARY INFORMATION: The

Quincy Weymouth SR3A Bridge has a

vertical clearance of 33 feet at mean

high water and 43 feet at mean low

water. The existing regulations for the

bridge in 33 CFR 117.621 require the

bridge to open on signal, except that;

from 6:30 a.m. to 9 a.m. and 4:30 p.m.

to 6:30 p.m., Monday through Friday,

except holidays observed in the locality,

the draw need not be opened. The draw

shall open on signal at all times for selfpropelled vessels greater than 10,000

gross tons.

The bridge owner, the Massachusetts

Highway Department (MHD), asked the

Coast Guard to allow the bridge to

remain closed on May 6, 2000, from 8

a.m. to 12 p.m. to facilitate electrical

repairs at the bridge.

In accordance with 33 CFR 117.35(c),

this work will be performed with all due

speed in order to return the bridge to

normal operation as soon as possible.

This deviation is authorized under 33

CFR 117.35.

Dated: April 24, 2000.

Robert F. Duncan,

Captain, U.S. Coast Guard, Acting

Commander, First Coast Guard District.

[FR Doc. 00–10945 Filed 5–2–00; 8:45 am]

BILLING CODE 4910–15–U

DEPARTMENT OF TRANSPORTATION

Coast Guard

33 CFR Part 117

[CGD01–00–128]

Drawbridge Operation Regulations:

Piscataqua River, ME

AGENCY: Coast Guard, DOT.

ACTION: Notice of temporary deviation

from regulations.

SUMMARY: The Commander, First Coast

Guard District has issued a temporary

deviation from the existing drawbridge

regulations for the Sarah M. Long (Route

1 Bypass) Bridge, mile 4.0, across the

Piscataqua River between Kittery, Maine

and Portsmouth, New Hampshire. This

deviation allows the bridge owner to

keep the bridge in the closed position

for 5 hours, 12 p.m. through 5 p.m., on

May 17, 2000. This deviation is

necessary to facilitate electrical repairs

at the bridge.

DATES: This deviation is effective on

May 17, 2000.