22 U.S. Code § 8723 - Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt

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(a) In general
The President shall impose 5 or more of the sanctions described in section 6(a) of the Iran Sanctions Act of 1996, as amended by section 204, with respect to a person if the President determines that the person knowingly, on or after August 10, 2012, purchases, subscribes to, or facilitates the issuance of—
(1) sovereign debt of the Government of Iran issued on or after August 10, 2012, including governmental bonds; or
(2) debt of any entity owned or controlled by the Government of Iran issued on or after August 10, 2012, including bonds.
(b) Application of provisions of Iran Sanctions Act of 1996
The following provisions of the Iran Sanctions Act of 1996, as amended by this Act, apply with respect to the imposition of sanctions under subsection (a) to the same extent that such provisions apply with respect to the imposition of sanctions under section 5(a) of the Iran Sanctions Act of 1996:
(1) Subsection (c) ofsection 4.
(2) Subsections (c), (d), and (f) ofsection 5.
(3) Section 8.
(4) Section 9.
(5) Section 11.
(6) Section 12.
(7) Subsection (b) ofsection 13.
(8) Section 14.

Source

(Pub. L. 112–158, title II, § 213,Aug. 10, 2012, 126 Stat. 1230.)
Termination of Section

For termination of section, see section 8785(a) of this title.
References in Text

The Iran Sanctions Act of 1996, referred to in text, is Pub. L. 104–172, Aug. 5, 1996, 110 Stat. 1541, which is set out as a note under section 1701 of Title 50, War and National Defense. Section 6(a) of the Act, as amended by section 204, is section 6(a) ofPub. L. 104–172, as amended by section 204 ofPub. L. 112–158.
This Act, referred to in subsec. (b), is Pub. L. 112–158, Aug. 10, 2012, 126 Stat. 1214, known as the Iran Threat Reduction and Syria Human Rights Act of 2012, which is classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 8701 of this title and Tables.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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22 USCDescription of ChangeSession YearPublic LawStatutes at Large
§ 8723new2012112-158 [Sec.] 213126 Stat. 1230

 

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