[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: 31CFR800.101]



[Page 931]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

  CHAPTER VIII--OFFICE OF INTERNATIONAL INVESTMENT, DEPARTMENT OF THE 

                                TREASURY

 

PART 800_REGULATIONS PERTAINING TO MERGERS, ACQUISITIONS, AND TAKEOVERS 

BY FOREIGN PERSONS--Table of Contents

 

                            Subpart A_General

 

Sec. 800.101  Scope.





    The regulations in this part implement section 721 of title VII of 

the Defense Production Act of 1950, hereinafter referred to as ``section 

721'' (see Sec. 800.216 of this part). The definitions in this part are 

applicable to section 721 and these regulations. The principal purpose 

of section 721 is to authorize the President to suspend or prohibit any 

merger, acquisition, or takeover, by or with a foreign person, of a 

person engaged in interstate commerce in the United States when, in the 

President's view, the foreign interest exercising control over that 

person might take action that threatens to impair the national security. 

In addition, section 721 authorizes the President to seek divestment or 

other appropriate relief in the case of concluded transactions.