1. (a) In general Not later than 5 years after August 2, 2017, the President shall conduct a review of all persons on the list of specially designated nationals and blocked persons maintained by the Office of Foreign Assets Control of the Department of the Treasury for activities relating to Iran—

   1. (1) to assess the conduct of such persons as that conduct relates to—

      1. (A) any activity that materially contributes to the activities of the Government of Iran with respect to its ballistic missile program; or
      2. (B) support by the Government of Iran for acts of international terrorism; and

   2. (2) to determine the applicability of sanctions with respect to such persons under—

      1. (A) Executive Order No. 13382 (50 U.S.C. 1701 note; relating to blocking property of weapons of mass destruction delivery system proliferators and their supporters); or
      2. (B) Executive Order No. 13224 (50 U.S.C. 1701 note; relating to blocking property and prohibiting transactions with persons who commit, threaten to commit, or support terrorism).

2. (b) Implementation of sanctions If the President determines under subsection (a) that sanctions under an Executive order specified in paragraph (2) of that subsection are applicable with respect to a person, the President shall—

   1. (1) impose sanctions with respect to that person pursuant to that Executive order; or
   2. (2) exercise the waiver authority provided under section 9411 of this title.

(Pub. L. 115–44, title I, § 108, Aug. 2, 2017, 131 Stat. 894.)

Editorial Notes

References in Text

Executive Order No. 13382, referred to in subsecs. (a)(2)(A) and (b), is Ex. Ord. No. 13382, June 28, 2005, 70 F.R. 38567, which is listed in a table under section 1701 of Title 50, War and National Defense.

Executive Order No. 13224, referred to in subsecs. (a)(2)(B) and (b), is Ex. Ord. No. 13224, Sept. 23, 2001, 66 F.R. 49079, which is listed in a table under section 1701 of Title 50, War and National Defense.

Executive Documents

Delegation of Functions

For delegation of functions of President under this section, see Memorandum of President of the United States, Oct. 11, 2017, 82 F.R. 50051, set out as a note under section 9403 of this title.