[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR560.316]



[Page 303]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 560_IRANIAN TRANSACTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 560.316  New investment.



    The term new investment means a transaction after 12:01 EDT, May 7, 

1995, that constitutes:

    (a) A commitment or contribution of funds or other assets; or

    (b) A loan or other extension of credit, as defined in Sec. 

560.317.