Code of Federal Regulations · Section

§ 570.512 — Property Of The Government Of Libya, Its Agencies, Instrumentalities, And Controlled Entities, And The Central Bank Of Libya

31 C.F.R. § 570.512

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(a) Except as provided in paragraph (b) of this section, as of December 16, 2011, all property and interests in property of the Government of Libya, its agencies, instrumentalities, and controlled entities, and the Central Bank of Libya blocked pursuant to § 570.201(a)(1) are unblocked.

(b) All funds, including cash, securities, bank accounts, and investment accounts, and precious metals of the Libyan Investment Authority (LIA) and entities owned or controlled by the LIA blocked pursuant to § 570.201(a)(1), as of September 19, 2011, remain blocked.

31 C.F.R. § 570.511 31 C.F.R. § 570.513

Authorizing Statute

General authority of the Secretary
31 U.S.C. § 321
Mode of recovery
28 U.S.C. § 2461
Termination of existing declared emergencies
50 U.S.C. § 1601
General authorization to delegate functions; publication of delegations
3 U.S.C. § 301
Economic and communication sanctions pursuant to United Nations Security Council Resolution
22 U.S.C. § 287c