Blocking Property and Additional Measures With Respect to the Bosnian Serb-Controlled Areas of the Republic of Bosnia and Herzegovina Documents
Blocking Property and Additional Measures With Respect to the Bosnian Serb-Controlled Areas of the Republic of Bosnia and Herzegovina



Federal Register, Volume 59 Issue 207 (Thursday, October 27, 1994)

[Federal Register Volume 59, Number 207 (Thursday, October 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 94-26834]
[[Page Unknown]]
[Federal Register: October 27, 1994]
                        Presidential Documents
                Executive Order 12934 of October 25, 1994
Blocking Property and Additional Measures With
                Respect to the Bosnian Serb-Controlled Areas of the
                Republic of Bosnia and Herzegovina
                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.), the National
                Emergencies Act (50 U.S.C. 1601 et seq.), section 5 of
                the United Nations Participation Act of 1945, as
                amended (22 U.S.C. 287c), and section 301 of title 3,
                United States Code, in view of United Nations Security
                Council Resolution 942 of September 23, 1994, and in
                order to take additional steps with respect to the
                crisis in the former Yugoslavia, I hereby expand the
                scope of the national emergency declared in Executive
                Order No. 12808 to address the unusual and
                extraordinary threat to the national security, foreign
                policy, and economy of the United States posed by the
                actions and policies of the Bosnian Serb forces and the
                authorities in the territory that they control,
                including their refusal to accept the proposed
                territorial settlement of the conflict in the Republic
                of Bosnia and Herzegovina.
                I, WILLIAM J. CLINTON, President of the United States
                of America, hereby order:
                Section 1. Notwithstanding the existence of any rights
                or obligations conferred or imposed by any
                international agreement or any contract entered into or
                any license or permit granted before the effective date
                of this order, except to the extent provided in
                regulations, orders, directives, or licenses, which may
                hereafter be issued pursuant to this order, all
                property and interests in property of: (a) the Bosnian
                Serb military and paramilitary forces and the
                authorities in those areas of the Republic of Bosnia
                and Herzegovina under the control of those forces;
                    (b) any entity, including any commercial,
                industrial, or public utility undertaking, organized or
                located in those areas of the Republic of Bosnia and
                Herzegovina under the control of Bosnian Serb forces;
                    (c) any entity, wherever organized or located,
                which is owned or controlled directly or indirectly by
                any person in, or resident in, those areas of the
                Republic of Bosnia and Herzegovina under the control of
                Bosnian Serb forces;
                    (d) any person acting for or on behalf of any
                person included within the scope of paragraph (a), (b),
                or (c) of this section; that are in the United States,
                that hereafter come within the United States, or that
                are or hereafter come within the possession or control
                of United States persons, including their overseas
                branches, are blocked.
                Sec. 2. Notwithstanding the existence of any rights or
                obligations conferred or imposed by any international
                agreement or any contract entered into or any license
                or permit granted before the effective date of this
                order, except to the extent provided in regulations,
                orders, directives, or licenses, which may hereafter be
                issued pursuant to this order: (a) the provision or
                exportation of services to those areas of the Republic
                of Bosnia and Herzegovina under the control of Bosnian
                Serb forces, or to any person for the purpose of any
                business carried on in those areas, either from the
                United States or by a United States person, is
                prohibited; and
                    (b) no vessel registered in the United States or
                owned or controlled by a United States person, other
                than a United States naval vessel, may enter the
                riverine ports of those areas of the Republic of Bosnia
                and Herzegovina under the control of Bosnian Serb
                forces.
                Sec. 3. Any transaction by any United States person
                that evades or avoids, or has the purpose of evading or
                avoiding, or attempts to violate, any of the
                prohibitions set forth in this order is prohibited.
                Sec. 4. 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 me
                by the International Emergency Economic Powers Act and
                the United Nations Participation Act of 1945, as
                amended, as may be necessary to carry out the purposes
                of this order. The Secretary of the Treasury may
                redelegate the authority set forth in this order to
                other officers and agencies of the United States
                Government, all agencies of which are hereby directed
                to take all appropriate measures within their authority
                to carry out the provisions of this order, including
                suspension or termination of licenses or other
                authorizations in effect as of the date of this order.
                Sec. 5. Nothing in this order shall apply to activities
                related to the United Nations Protection Force, the
                International Conference on the Former Yugoslavia, or
                the European Community Monitoring Missions.
                Sec. 6. For the purposes of this order:
                    (a) The term ``person'' means an individual or
                entity;
                    (b) The term ``entity'' means a corporation,
                partnership, association, or other organization;
                    (c) The term ``United States person'' is as defined
                in section 5 of Executive Order No. 12810.
                Sec. 7. Nothing contained in this order shall create
                any right or benefit, substantive or procedural,
                enforceable by any party against the United States, its
                agencies or instrumentalities, its officers or
                employees, or any other person.
                Sec. 8 (a) This order shall take effect at 11:59 p.m.
                eastern daylight time on October 25, 1994.
                    (b) This order shall be transmitted to the Congress
                and published in the Federal Register.
                    (Presidential Sig.)>
                THE WHITE HOUSE,
                    October 25, 1994.
[FR Doc. 94-26834
Filed 10-25-94; 4:57 pm]
Billing code 3195-01-P