80740 Federal Register / Vol. 89, No. 193 / Friday, October 4, 2024 / Rules and Regulations 

§ 71.1 [Amended] 

■ 2. The incorporation by reference in 

14 CFR 71.1 of Federal Aviation 

Administration Order JO 7400.11J, 

Airspace Designations and Reporting 

Points, dated July 31, 2024, and 

effective September 15, 2024, is 

amended as follows: 

Paragraph 6005 Class E Airspace Areas 

Extending Upward From 700 Feet or More 

Above the Surface of the Earth. 

* * * * * 

ANE ME E5 Matinicus Island, ME [New] 

Matinicus Island Airport, ME 

(Lat. 43°52′17′′ N, long. 68°53′37′′ W) 

That airspace extending upward from 700 

feet above the surface within a 6-mile radius 

of Matinicus Island Airport, ME. 

* * * * * 

Issued in College Park, Georgia, on October 

1, 2024. 

Patrick Young, 

Manager, Airspace & Procedures Team North, 

Eastern Service Center, Air Traffic 

Organization. 

[FR Doc. 2024–22957 Filed 10–3–24; 8:45 am] 

BILLING CODE 4910–13–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 587 

Publication of Russian Harmful 

Foreign Activities Sanctions 

Regulations Web General Licenses 79 

and 80 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of web general 

licenses. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing two 

general licenses (GLs) issued pursuant 

to the Russian Harmful Foreign 

Activities Sanctions Regulations: GLs 79 

and 80, each of which was previously 

made available on OFAC’s website. 

DATES: GLs 79 and 80 were issued on 

December 12, 2023. See SUPPLEMENTARY

INFORMATION for additional relevant 

dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Assistant Director for Licensing, 

202–622–2480; Assistant Director for 

Regulatory Affairs, 202–622–4855; or 

Assistant Director for Compliance, 202– 

622–2490 or https://ofac.treasury.gov/ 

contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

This document and additional 

information concerning OFAC are 

available on OFAC’s website: https://

ofac.treasury.gov/. 

Background 

On December 12, 2023, OFAC issued 

GLs 79 and 80 to authorize certain 

transactions otherwise prohibited by the 

Russian Harmful Foreign Activities 

Sanctions Regulations, 31 CFR part 587. 

Each GL has an expiration date of March 

11, 2024 and was made available on 

OFAC’s website (https://

ofac.treasury.gov/) at the time of 

publication. The text of these GLs is 

provided below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Russian Harmful Foreign Activities 

Sanctions Regulations 

31 CFR Part 587 

GENERAL LICENSE NO. 79 

Authorizing the Wind Down of 

Transactions Involving Certain Entities 

Blocked on December 12, 2023 

(a) Except as provided in paragraph 

(b) of this general license, all 

transactions prohibited by Executive 

Order (E.O.) 14024 that are ordinarily 

incident and necessary to the wind 

down of any transaction involving one 

or more of the following blocked entities 

are authorized through 12:01 a.m. 

eastern daylight time, March 11, 2024, 

provided that any payment to a blocked 

person is made into a blocked account 

in accordance with the Russian Harmful 

Foreign Activities Sanctions 

Regulations, 31 CFR part 587 (RuHSR): 

(1) Limited Liability Company Kyiv 

Square; 

(2) Highland Gold Mining Limited; 

(3) Limited Liability Company Kismet 

Capital Group; or 

(4) Any entity in which one or more 

of the above persons own, directly or 

indirectly, individually or in the 

aggregate, a 50 percent or greater 

interest. 

(b) This general license does not 

authorize: 

(1) Any transactions prohibited by 

Directive 2 under E.O. 14024, 

Prohibitions Related to Correspondent 

or Payable-Through Accounts and 

Processing of Transactions Involving 

Certain Foreign Financial Institutions; 

(2) Any transactions prohibited by 

Directive 4 under E.O. 14024, 

Prohibitions Related to Transactions 

Involving the Central Bank of the 

Russian Federation, the National 

Wealth Fund of the Russian Federation, 

and the Ministry of Finance of the 

Russian Federation, as amended; or 

(3) Any transactions otherwise 

prohibited by the RuHSR, including 

transactions involving any person 

blocked pursuant to the RuHSR other 

than the blocked persons mentioned in 

paragraph (a), unless separately 

authorized. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 

Dated: December 12, 2023. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Russian Harmful Foreign Activities 

Sanctions Regulations 

31 CFR Part 587 

GENERAL LICENSE NO. 80 

Authorizing Certain Transactions 

Related to Debt or Equity of, or 

Derivative Contracts Involving, 

Highland Gold Mining Limited 

(a) Except as provided in paragraphs 

(d) and (e) of this general license, all 

transactions prohibited by Executive 

Order (E.O.) 14024 that are ordinarily 

incident and necessary to the 

divestment or transfer, or the facilitation 

of the divestment or transfer, of debt or 

equity of Highland Gold Mining Limited 

(Highland Gold), or any entity in which 

Highland Gold owns, directly or 

indirectly, a 50 percent or greater 

interest, purchased prior to December 

12, 2023 (‘‘Covered Debt or Equity’’), to 

a non-U.S. person are authorized 

through 12:01 a.m. eastern daylight 

time, March 11, 2024. 

(b) Except as provided in paragraph 

(e) of this general license, all 

transactions prohibited by E.O. 14024 

that are ordinarily incident and 

necessary to facilitating, clearing, and 

settling trades of Covered Debt or Equity 

that were placed prior to 4:00 p.m. 

eastern standard time, December 12, 

2023 are authorized through 12:01 a.m. 

eastern daylight time, March 11, 2024. 

(c) Except as provided in paragraph 

(e) of this general license, all 

transactions prohibited by E.O. 14024 

that are ordinarily incident and 

necessary to the wind down of 

derivative contracts entered into prior to 

4:00 p.m. eastern standard time, 

December 12, 2023 that (i) include a 

blocked person described in paragraph 

(a) of this general license as a 

counterparty or (ii) are linked to 

Covered Debt or Equity are authorized 

through 12:01 a.m. eastern daylight 

time, March 11, 2024, provided that any 

payments to a blocked person are made 

into a blocked account in accordance 

with the Russian Harmful Foreign 


khammond on DSKJM1Z7X2PROD with RULES
Federal Register / Vol. 89, No. 193 / Friday, October 4, 2024 / Rules and Regulations 80741 

Activities Sanctions Regulations, 31 

CFR part 587 (RuHSR). 

(d) Paragraph (a) of this general 

license does not authorize: 

(1) U.S. persons to sell, or to facilitate 

the sale of, Covered Debt or Equity to, 

directly or indirectly, any person whose 

property and interests in property are 

blocked; or 

(2) U.S. persons to purchase or invest 

in, or to facilitate the purchase of or 

investment in, directly or indirectly, 

Covered Debt or Equity, other than 

purchases of or investments in Covered 

Debt or Equity ordinarily incident and 

necessary to the divestment or transfer 

of Covered Debt or Equity as described 

in paragraph (a) of this general license. 

(e) This general license does not 

authorize: 

(1) Any transactions prohibited by 

Directive 2 under E.O. 14024, 

Prohibitions Related to Correspondent 

or Payable-Through Accounts and 

Processing of Transactions Involving 

Certain Foreign Financial Institutions; 

(2) Any transactions prohibited by 

Directive 4 under E.O. 14024, 

Prohibitions Related to Transactions 

Involving the Central Bank of the 

Russian Federation, the National 

Wealth Fund of the Russian Federation, 

and the Ministry of Finance of the 

Russian Federation; or 

(3) Any transactions otherwise 

prohibited by the RuHSR, including 

transactions involving any person 

blocked pursuant to the RuHSR other 

than the blocked persons described in 

paragraph (a) of this general license, 

unless separately authorized. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 

Dated: December 12, 2023. 

Lisa M. Palluconi, 

Acting Deputy Director, Office of Foreign 

Assets Control. 

[FR Doc. 2024–22934 Filed 10–3–24; 8:45 am] 

BILLING CODE 4810–AL–P 

DEPARTMENT OF THE TREASURY 

Office of Foreign Assets Control 

31 CFR Part 587 

Publication of Russian Harmful 

Foreign Activities Sanctions 

Regulations Web General License 8H 

AGENCY: Office of Foreign Assets 

Control, Treasury. 

ACTION: Publication of a web general 

license. 

SUMMARY: The Department of the 

Treasury’s Office of Foreign Assets 

Control (OFAC) is publishing one 

general license (GL) issued pursuant to 

the Russian Harmful Foreign Activities 

Sanctions Regulations: GL 8H, which 

was previously made available on 

OFAC’s website. 

DATES: GL 8H was issued on October 25, 

2023. See SUPPLEMENTARY INFORMATION

for additional relevant dates. 

FOR FURTHER INFORMATION CONTACT: 

OFAC: Assistant Director for Licensing, 

202–622–2480; Assistant Director for 

Regulatory Affairs, 202–622–4855; or 

Assistant Director for Compliance, 202– 

622–2490 or https://ofac.treasury.gov/ 

contact-ofac. 

SUPPLEMENTARY INFORMATION: 

Electronic Availability 

This document and additional 

information concerning OFAC are 

available on OFAC’s website: https://

ofac.treasury.gov. 

Background 

On October 25, 2023, OFAC issued GL 

8H to authorize certain transactions 

otherwise prohibited by the Russian 

Harmful Foreign Activities Sanctions 

Regulations, 31 CFR part 587. GL 8H 

was made available on OFAC’s website 

(https://ofac.treasury.gov) when it was 

issued. The text of this GL is provided 

below. 

OFFICE OF FOREIGN ASSETS 

CONTROL 

Russian Harmful Foreign Activities 

Sanctions Regulations 

31 CFR Part 587 

GENERAL LICENSE NO. 8H 

Authorizing Transactions Related to 

Energy 

(a) Except as provided in paragraph 

(c) of this general license, all 

transactions prohibited by Executive 

Order (E.O.) 14024 involving one or 

more of the following entities that are 

related to energy are authorized, 

through 12:01 a.m. eastern daylight 

time, May 1, 2024: 

(1) State Corporation Bank for 

Development and Foreign Economic 

Affairs Vnesheconombank; 

(2) Public Joint Stock Company Bank 

Financial Corporation Otkritie; 

(3) Sovcombank Open Joint Stock 

Company; 

(4) Public Joint Stock Company 

Sberbank of Russia; 

(5) VTB Bank Public Joint Stock 

Company; 

(6) Joint Stock Company Alfa-Bank; 

(7) Public Joint Stock Company 

Rosbank; 

(8) Bank Zenit Public Joint Stock 

Company; 

(9) Bank Saint-Petersburg Public Joint 

Stock Company; 

(10) Any entity in which one or more 

of the above persons own, directly or 

indirectly, individually or in the 

aggregate, a 50 percent or greater 

interest; or 

(11) the Central Bank of the Russian 

Federation. 

(b) For the purposes of this general 

license, the term ‘‘related to energy’’ 

means the extraction, production, 

refinement, liquefaction, gasification, 

regasification, conversion, enrichment, 

fabrication, transport, or purchase of 

petroleum, including crude oil, lease 

condensates, unfinished oils, natural gas 

liquids, petroleum products, natural gas, 

or other products capable of producing 

energy, such as coal, wood, or 

agricultural products used to 

manufacture biofuels, or uranium in any 

form, as well as the development, 

production, generation, transmission, or 

exchange of power, through any means, 

including nuclear, thermal, and 

renewable energy sources. 

(c) This general license does not 

authorize: 

(1) Any transactions prohibited by 

Directive 1A under E.O. 14024, 

Prohibitions Related to Certain 

Sovereign Debt of the Russian 

Federation; 

(2) The opening or maintaining of a 

correspondent account or payablethrough account for or on behalf of any 

entity subject to Directive 2 under E.O. 

14024, Prohibitions Related to 

Correspondent or Payable-Through 

Accounts and Processing of 

Transactions Involving Certain Foreign 

Financial Institutions; 

(3) Any debit to an account on the 

books of a U.S. financial institution of 

the Central Bank of the Russian 

Federation; or 

(4) Any transactions otherwise 

prohibited by the Russian Harmful 

Foreign Activities Sanctions 

Regulations, 31 CFR part 587 (RuHSR), 

including transactions involving any 

person blocked pursuant to the RuHSR 

other than the blocked persons 

described in paragraph (a) of this 

general license, unless separately 

authorized. 

(d) Effective October 25, 2023, 

General License No. 8G, dated May 5, 

2023, is replaced and superseded in its 

entirety by this General License No. 8H. 

Note to General License No. 8H. This 

authorization is valid until May 1, 2024, 

unless renewed. 

Bradley T. Smith, 

Director, Office of Foreign Assets Control. 


khammond on DSKJM1Z7X2PROD with RULES