Regulations last checked for updates: May 17, 2024

Title 15 - Commerce and Foreign Trade last revised: May 14, 2024
§ 960.14 - Routine compliance and monitoring.

(a) Annually, by the date specified in the license, the licensee will certify in writing to the Secretary that each material fact in the license remains accurate.

(b) If any material fact in the license is no longer accurate at the time the certification is due, the licensee must:

(1) Provide all accurate material facts;

(2) Explain the reason for any discrepancies between the terms in the license and the accurate material fact; and

(3) Seek guidance from the Secretary on how to correct any errors, which may include requesting a license modification.

authority: 51 U.S.C. 60124.
source: 85 FR 30806, May 20, 2020, unless otherwise noted.
cite as: 15 CFR 960.14