[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: 31CFR800.504]

[Page 709]
 
                  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. 800.504  Completion or termination of investigation and report to the 

President.

    (a) The Committee shall complete its investigation no later than the 
forty-fifth day after the date the investigation commences, or, if the 
forty-fifth day is not a business day, no later than the next business 
day after the forty-fifth day.
    (b) In circumstances when the Committee sends a report to the 
President requesting the President's decision upon completion or 
termination of an investigation, such report shall include information 
relevant to subparagraph (d)(4) of section 721, and shall present the 
Committee's recommendation. If the Committee is unable to reach a 
decision to present a single recommendation to the President, the 
Chairman shall submit a report of the Committee to the President setting 
forth the differing views and presenting the issues for decision.

[56 FR 58780, Nov. 21, 1991, as amended at 59 FR 27179, May 25, 1994; 73 
FR 15079, Mar. 21, 2008]