[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: 31CFR800.501]



[Page 942]

 

                  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 E_Committee Procedures: Review and Investigation

 

Sec. 800.501  General.





    (a) The Committee's review or investigation (if it has been 

determined that an investigation shall be conducted) shall examine, as 

appropriate, whether:

    (1) The acquisition is by or with a foreign person and could result 

in control by a foreign person of a U.S. person or persons engaged in 

interstate commerce in the United States;

    (2) There is credible evidence to support a belief that the foreign 

interest exercising control of the U.S. person to be acquired might take 

action that threatens to impair the national security; and

    (3) Provisions of law, other than section 721 and the International 

Emergency Economic Powers Act (50 U.S.C. 1701-1706), provide adequate 

and appropriate authority to protect the national security.

    (b) During the thirty-day review period or during an investigation, 

the Staff Chairman may invite the parties to a notified transaction to 

attend a meeting with the Committee staff to discuss and clarify issues 

pertaining to the transaction. During an investigation, a party to the 

investigated transaction may request a meeting with the Committee staff; 

such a request ordinarily will be granted.



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