[Federal Register Volume 85, Number 32 (Tuesday, February 18, 2020)]
[Rules and Regulations]
[Page 8747]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-02713]



[[Page 8747]]

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DEPARTMENT OF THE TREASURY

Office of Investment Security

31 CFR Parts 800 and 802

RIN 1505-AC63, 1505-AC64


Provisions Pertaining to Certain Investments in the United States 
by Foreign Persons and Provisions Pertaining to Certain Transactions by 
Foreign Persons Involving Real Estate in the United States; Correction

AGENCY: Office of Investment Security, Department of the Treasury.

ACTION: Final rule; technical corrections.

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SUMMARY: On January 17, 2020, the Department of the Treasury published 
two final rules implementing provisions of section 721 of the Defense 
Production Act of 1950, as amended by the Foreign Investment Risk 
Review Modernization Act of 2018. This final rule makes a limited 
number of technical corrections to those rules to provide clarity.

DATES: Effective February 13, 2020.

FOR FURTHER INFORMATION CONTACT: Laura Black, Director of Investment 
Security Policy and International Relations; Meena R. Sharma, Deputy 
Director of Investment Security Policy and International Relations; 
David Shogren, Senior Policy Advisor; or Alexander Sevald, Senior 
Policy Advisor, at U.S. Department of the Treasury, 1500 Pennsylvania 
Avenue NW, Washington, DC 20220; telephone: (202) 622-3425; email: 
[email protected].

SUPPLEMENTARY INFORMATION: This rule makes technical corrections to a 
limited number of provisions in 85 FR 3112 (January 17, 2020) and 85 FR 
3158 (January 17, 2020). These changes are intended to improve the 
clarity of the rule.

0
In FR Doc. 2020-00188, appearing on page 3112 in the Federal Register 
on Friday, January 17, 2020, make the following corrections:


Sec.  800.219   [Corrected]

    1. On page 3129, in the first column, in Sec.  800.219, in 
paragraph (a)(3) introductory text, ``A foreign entity that meets each 
of the following conditions with respect to itself and each of its 
parents (if any):'' is corrected to read, ``An entity that meets each 
of the following conditions with respect to itself and each of its 
parents (if any):''.
    2. On page 3129, in the first column, in Sec.  800.219, paragraph 
(a)(3)(iv)(C) is corrected to read:
    ``(C) An entity that is organized under the laws of an excepted 
foreign state or in the United States and has its principal place of 
business in an excepted foreign state or in the United States; and''
    3. On page 3129, in the first column, in Sec.  800.219, paragraph 
(a)(3)(v)(D) is corrected to read:
    ``(D) An entity that is organized under the laws of an excepted 
foreign state or in the United States and has its principal place of 
business in an excepted foreign state or in the United States.''


Sec.  800.401   [Corrected]

    4. On page 3140, in the third column, in Sec.  800.401, correct 
paragraph (e)(4) by removing the word ``or'' following the semicolon 
and correct paragraph (e)(5) to read:
    ``(5) A covered control transaction involving an air carrier, as 
defined in 49 U.S.C. 40102(a)(2), that holds a certificate issued under 
49 U.S.C. 41102; or''.


Sec.  800.502  [Corrected]

    5. On page 3146, in the third column, in Sec.  800.502, paragraph 
(c)(4)(i) is corrected to read:
    ``(i) Possesses any licenses, permits, or other authorizations 
other than those under the regulatory authorities listed in paragraph 
(c)(3)(x)(A) of this section that have been granted by an agency of the 
U.S. Government (if applicable, identification of the relevant licenses 
shall be provided); or''
    6. On page 3148, in the third column, in Sec.  800.502, in 
paragraph (o), the third sentence is corrected to read:
    ``(o) * * * The required description of the basis shall include 
discussion of all relevant information responsive to paragraphs 
(c)(5)(iii) through (v) of this section. * * *''
    In FR Doc. 2020-00187, appearing on page 3158 in the Federal 
Register on Friday, January 17, 2020, make the following corrections:


Sec.  802.215   [Corrected]

    7. On page 3169, in the first column, in Sec.  802.215, correct 
paragraph (a)(3) introductory text to read:
    ``(3) An entity that meets each of the following conditions with 
respect to itself and each of its parents (if any):''
    8. On page 3169, in the second column, in Sec.  802.215, paragraph 
(a)(3)(iv)(C) is corrected to read:
    ``(C) An entity that is organized under the laws of an excepted 
real estate foreign state or in the United States and has its principal 
place of business in an excepted real estate foreign state or in the 
United States; and''
    9. On page 3169, in the second column, in Sec.  802.215, paragraph 
(a)(3)(v)(D) is corrected to read:
    ``(D) An entity that is organized under the laws of an excepted 
real estate foreign state or in the United States and has its principal 
place of business in an excepted real estate foreign state or in the 
United States.''

    Dated: February 6, 2020.
Laura Black,
Director, Office of Investment Security Policy and International 
Relations.
[FR Doc. 2020-02713 Filed 2-13-20; 8:45 am]
 BILLING CODE 4810-25-P