OFFICE OF FOREIGN ASSETS CONTROL
Venezuela Sanctions Regulations
31 C.F.R. Part 591
GENERAL LICENSE NO. 31A
Certain Transactions Involving the IV Venezuelan National Assembly,
the Interim President of Venezuela, and Certain Other Persons Authorized
(a) Except as provided in paragraph (c) of this general license, U.S. persons are
authorized to engage in all transactions and activities prohibited by Executive Order (E.O.)
13884 of August 5, 2019, as incorporated into the Venezuela Sanctions Regulations, 31 C.F.R.
part 591 (the VSR), involving the following persons:
(1) The IV Venezuelan National Assembly seated on January 5, 2016 (“IV National
Assembly”) and its Delegated Commission, including its respective members and staff, and any
persons appointed or designated by the IV National Assembly or its Delegated Commission to
act on behalf of the Government of Venezuela; and
(2) The current Interim President of Venezuela, Juan Gerardo Guaidó Marquez (Guaidó),
and any official, designee, or representative appointed or designated by Guaidó to act on behalf
of the Government of Venezuela, including the Special Attorney General, and any staff of the
foregoing individuals; any ambassador or other representative to the United States or to a third
country appointed by Guaidó, and any staff of such ambassador or representative; any
representative to an international organization appointed by Guaidó, and any staff of such
representative; any person appointed by Guaidó to the board of directors (including any ad hoc
board of directors) or appointed as an executive officer of a Government of Venezuela entity
(including entities owned or controlled, directly or indirectly, by the Government of Venezuela);
and any other person that is appointed or designated by any of the foregoing persons to act on
behalf of the Government of Venezuela.
(b) Except as provided in paragraph (c) of this general license, U.S. persons are
authorized to engage in all transactions and activities involving any person appointed by Guaidó,
the IV National Assembly, or its Delegated Commission to the board of directors (including any
ad hoc board of directors) or appointed as an executive officer of a Government of Venezuela
entity (including entities owned or controlled, directly or indirectly, by the Government of
Venezuela) prohibited by E.O. 13850 of November 1, 2018, as amended by E.O. 13857 of
January 25, 2019, and incorporated into the VSR.
(c) This general license does not authorize:
(1) Any transaction or activity involving the Venezuelan National Constituent Assembly
convened by Nicolas Maduro or the illegitimate National Assembly scheduled to be seated on
January 5, 2021, including their respective members and staff; or
(2) Any transactions or activities otherwise prohibited by the VSR, any other part of 31
C.F.R. chapter V, or any transactions or activities with any blocked persons other than the
Government of Venezuela persons identified in paragraph (a) or (b) of this general license.
(d) Effective January 4, 2021, General License No. 31, dated August 5, 2019, is replaced
and superseded in its entirety by this General License No. 31A.
Digitally signed by Bradley T.
Bradley T. Smith Smith
Date: 2021.01.04 09:21:16 -05'00'
__________________________
Bradley T. Smith
Deputy Director
Office of Foreign Assets Control
Dated: January 4, 2021
