Page:United States Statutes at Large Volume 124.djvu/1344

 124 STAT. 1318 PUBLIC LAW 111–195—JULY 1, 2010 after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010, sells, leases, or provides to Iran goods, services, technology, information, or support described in subparagraph (B)— ‘‘(i) any of which has a fair market value of $1,000,000 or more; or ‘‘(ii) that, during a 12-month period, have an aggre- gate fair market value of $5,000,000 or more. ‘‘(B) GOODS, SERVICES, TECHNOLOGY, INFORMATION, OR SUPPORT DESCRIBED.—Goods, services, technology, informa- tion, or support described in this subparagraph are goods, services, technology, information, or support that could directly and significantly facilitate the maintenance or expansion of Iran’s domestic production of refined petro- leum products, including any direct and significant assist- ance with respect to the construction, modernization, or repair of petroleum refineries. ‘‘(3) EXPORTATION OF REFINED PETROLEUM PRODUCTS TO IRAN.— ‘‘(A) IN GENERAL.—Except as provided in subsection (f), the President shall impose 3 or more of the sanctions described in section 6(a) with respect to a person if the President determines that the person knowingly, on or after the date of the enactment of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010— ‘‘(i) sells or provides to Iran refined petroleum products— ‘‘(I) that have a fair market value of $1,000,000 or more; or ‘‘(II) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more; or ‘‘(ii) sells, leases, or provides to Iran goods, serv- ices, technology, information, or support described in subparagraph (B)— ‘‘(I) any of which has a fair market value of $1,000,000 or more; or ‘‘(II) that, during a 12-month period, have an aggregate fair market value of $5,000,000 or more. ‘‘(B) GOODS, SERVICES, TECHNOLOGY, INFORMATION, OR SUPPORT DESCRIBED.—Goods, services, technology, informa- tion, or support described in this subparagraph are goods, services, technology, information, or support that could directly and significantly contribute to the enhancement of Iran’s ability to import refined petroleum products, including— ‘‘(i) except as provided in subparagraph (C), under- writing or entering into a contract to provide insurance or reinsurance for the sale, lease, or provision of such goods, services, technology, information, or support; ‘‘(ii) financing or brokering such sale, lease, or provision; or ‘‘(iii) providing ships or shipping services to deliver refined petroleum products to Iran. ‘‘(C) EXCEPTION FOR UNDERWRITERS AND INSURANCE PROVIDERS EXERCISING DUE DILIGENCE.—The President may not impose sanctions under this paragraph with respect