[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: 31CFR800.501]

[Page 708]
 
                  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 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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