[Federal Register Volume 62, Number 242 (Wednesday, December 17, 1997)]
[Notices]
[Page 66053]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-32881]



[[Page 66053]]

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DEPARTMENT OF COMMERCE

International Trade Administration


Export Trade Certificate of Review

AGENCY: International Trade Administration, Commerce.

ACTION: Notice of revocation of Export Trade Certificate of Review No. 
83-00034.

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SUMMARY: The Secretary of Commerce issued an export trade certificate 
of review to Micro Products Company. Because this certificate holder 
has failed to file an annual report as required by law, the Secretary 
is revoking the certificate. This notice summarizes the notification 
letter sent to Micro Products Company.

FOR FURTHER INFORMATION CONTACT: Morton Schnabel, Acting Director, 
Office of Export Trading Company Affairs, International Trade 
Administration, 202/482-5/3/. This is not a toll-free number.

SUPPLEMENTARY INFORMATION: Title III of the Export Trading Company Act 
of 1982 (``the Act'') (Pub. L. No. 97-290, 15 U.S.C. 4011-21) 
authorizes the Secretary of Commerce to issue export trade certificates 
of review. The regulations implementing Title III (``the Regulations'') 
are found at 15 CFR part 325 (1997). Pursuant to this authority, a 
certificate of review was issued on April 12, 1984 to Micro Products 
Company.
    A certificate holder is required by law to submit to the Department 
of Commerce annual reports that update financial and other information 
relating to business activities covered by its certificate (Section 308 
of the Act, 15 U.S.C. 4018, Section 325.14 (a) of the Regulations, 15 
CFR 325.14 (a)). The annual report is due within 45 days after the 
anniversary date of the issuance of the certificate of review (Sections 
325.14 (b) of the Regulations, 15 CFR 325.14 (b)). Failure to submit a 
complete annual report may be the basis for revocation (Sections 
325.10(a) and 325.14(c) of the Regulations, 15 CFR 325.10(a) (3) and 
325.14(c)).
    On April 3, 1997, the Department of Commerce sent to Micro Products 
Company a letter containing annual report questions with a reminder 
that its annual report was due on May 28, 1997. Additional reminders 
were sent on August 7, 1997 and on September 12, 1997. The Department 
has received no written response from Micro Products Company to any of 
these letters.
    On November 6, 1997, and in accordance with Section 325.10 (c) (1) 
of the Regulations, (15 CFR 325.10 (c) (1)), the Department of Commerce 
sent a letter by certified mail to notify Micro Products Company that 
the Department was formally initiating the process to revoke its 
certificate for failure to file an annual report. In addition, a 
summary of this letter allowing Micro Products Company thirty days to 
respond was published in the Federal Register on November 12, 1997 at 
62 FR 60690. Pursuant to 325.10(c) (2) of the Regulations (15 CFR 
325.10(c) (2)), the Department considers the failure of Micro Products 
Company to respond to be an admission of the statements contained in 
the notification letter.
    The Department has determined to revoke the certificate issued to 
Micro Products Company for its failure to file an annual report. The 
Department has sent a letter, dated December 12, 1997, to notify Micro 
Products Company of its determination. The revocation is effective 
thirty (30) days from the date of publication of this notice. Any 
person aggrieved by this decision may appeal to an appropriate U.S. 
district court within 30 days from the date on which this notice is 
published in the Federal Register (325.10(c) (4) and 325.11 of the 
Regulations, 15 CFR 324.10(c) (4) and 325.11 of the Regulations, 15 CFR 
325.10(c) (4) and 325.11).

    Dated: December 12, 1997.
Morton Schnabel,
Acting Director, Office of Export Trading, Company Affairs.
[FR Doc. 97-32881 Filed 12-16-97; 8:45 am]
BILLING CODE 3510-DR-P