Rescission of certain waivers and licenses

(a) In general On the date of enactment of this Act, the following measures shall be terminated: (1) The waiver exercised on the pursuant to section 1245(d)(5) of the National Defense Authorization Act for Fiscal Year 2012 and sections 1244(i) and 1247(f) of the Iran Freedom and Counter-Proliferation Act of 2012 and transmitted to Congress on September 11, 2023, for the transfer of certain funds from the Republic of Korea to Qatar. (2) Any general or specific license issued by the Office of Foreign Assets Control at the Department of the Treasury directly or indirectly related to the funds cited in paragraph (1). (b) Limitation The President may not reissue any new waiver or license described in paragraph (1) or (2) of subsection (a) for the same or similar purposes.