§ 9722 — Waiver For Sanctioned Officials That Recognize The Interim President Of Venezuela

(a) If a person sanctioned under any of the provisions of law described in subsection (b) recognizes and pledges supports for the Interim President of Venezuela or a subsequent democratically elected government, the person shall no longer be subject to such sanctions, pursuant to such procedures as the Secretary of State and the Secretary of the Treasury may establish to implement this section. (b) The sanctions described in this subsection are set forth in the following provisions of law: (A) (B) Paragraph (5) 1 of section 5(a) of such Act, to the extent such paragraph relates to the sanctions described in paragraph (3) or (4) of such subsection.1 (A) Clauses (1) and (4) of section 1(a)(ii)(A) of Executive Order 13692 (50 U.S.C. 1701 note). (B) Subparagraph (D)(2) of section 1(a)(ii) of such Executive Order, to the extent such subparagraph relates to the provisions of law cited in subparagraph (A). (A) Section 1(a)(ii) of Executive Order 13850. (B) Paragraph (iii) of section 1(a) of such Executive Order, to the extent such paragraph relates to the provision of law cited in subparagraph (A). (c) The President shall issue such regulations, licenses, and orders as may be necessary to carry out this section.