OFAC Gen License Authorizes Investment in Certain Minority Interests in Libya
The Office of Foreign Assets Control has issued General License No. 4 under Executive Order 13566, which provides guidance and an authorization with respect to investment funds in which there is a blocked non-controlling, minority interest of the Government of…
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Libya. The complete text of General License No. 4 is available here. (See ITT's Online Archives or 03/10/11, 03/07/11, and 03/02/11 news, 11031053, 11030747, and 11030260, for BP summaries of OFAC's issuance of General License Nos. 1A, 2, and 3 under EO 13566, respectively.)