[Code of Federal Regulations]
[Title 31, Volume 3]
[Revised as of July 1, 2008]
From the U.S. Government Printing Office via GPO Access
[CITE: 31CFR800.101]

[Page 697]
 
                  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 
 
                            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.