2013 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 94 - IRAN THREAT REDUCTION AND SYRIA HUMAN RIGHTS (§§ 8701 - 8795)
Subchapter II - ADDITIONAL MEASURES RELATING TO SANCTIONS AGAINST IRAN (§§ 8721 - 8727)
Section 8723 - Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 1, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 94 - IRAN THREAT REDUCTION AND SYRIA HUMAN RIGHTS
SUBCHAPTER II - ADDITIONAL MEASURES RELATING TO SANCTIONS AGAINST IRAN
Sec. 8723 - Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt
Containssection 8723
Date2013
Laws in Effect as of DateJanuary 16, 2014
Positive LawNo
Dispositionstandard
Source CreditPub. L. 112-158, title II, §213, Aug. 10, 2012, 126 Stat. 1230.
Statutes at Large References110 Stat. 1541
126 Stat. 1230, 1214
Public Law ReferencesPublic Law 104-172, Public Law 112-158

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Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt - 22 U.S.C. § 8723 (2013)
§8723. Imposition of sanctions with respect to purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt (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) of section 4.

(2) Subsections (c), (d), and (f) of section 5.

(3) Section 8.

(4) Section 9.

(5) Section 11.

(6) Section 12.

(7) Subsection (b) of section 13.

(8) Section 14.

(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) of Pub. L. 104–172, as amended by section 204 of Pub. 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.

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