Issue of magazine recalled (4)
I believe the answer is:
emit
'issue' is the definition.
(both can mean to give out or radiate)
'magazine recalled' is the wordplay.
'magazine' becomes 'time' (US magazine).
'recalled' shows that the letters should be reversed in order.
'time' back-to-front is 'EMIT'.
'of' acts as a link.
(Other definitions for emit that I've seen before include "Expel" , "Throw out" , "Make audible sounds" , "Give off or discharge" , "Let out" .)