Rule2022-00234
Determination Regarding Excepted Real Estate Foreign States
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
January 7, 2022
Issuing agencies
Treasury DepartmentInvestment Security Office
Abstract
The Department of the Treasury, as Chair of the Committee on Foreign Investment in the United States, is publishing the Committee's determination that two foreign states have made significant progress toward establishing and effectively utilizing a robust process to analyze foreign investments for national security risks and to facilitate coordination with the United States on matters relating to investment security.
Full Text
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<title>Federal Register, Volume 87 Issue 5 (Friday, January 7, 2022)</title>
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[Federal Register Volume 87, Number 5 (Friday, January 7, 2022)]
[Rules and Regulations]
[Page 875]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-00234]
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Rules and Regulations
Federal Register
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having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
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Federal Register / Vol. 87, No. 5 / Friday, January 7, 2022 / Rules
and Regulations
[[Page 875]]
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DEPARTMENT OF THE TREASURY
Office of Investment Security
31 CFR Part 802
Determination Regarding Excepted Real Estate Foreign States
AGENCY: Office of Investment Security, Department of the Treasury.
ACTION: Determination.
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SUMMARY: The Department of the Treasury, as Chair of the Committee on
Foreign Investment in the United States, is publishing the Committee's
determination that two foreign states have made significant progress
toward establishing and effectively utilizing a robust process to
analyze foreign investments for national security risks and to
facilitate coordination with the United States on matters relating to
investment security.
DATES: January 5, 2022.
FOR FURTHER INFORMATION CONTACT: Laura Black, Director of Investment
Security Policy and International Relations, at U.S. Department of the
Treasury, 1500 Pennsylvania Avenue NW, Washington, DC 20220; telephone:
(202) 622-3425; email: <a href="/cdn-cgi/l/email-protection#7033363925235e363922223d313004021511030502095e171f06"><span class="__cf_email__" data-cfemail="ecafaaa5b9bfc2aaa5bebea1adac989e898d9f999e95c28b839a">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Electronic Availability
The list of excepted real estate foreign states and additional
information with respect to the Committee on Foreign Investment in the
United States (CFIUS or the Committee) are available on the Committee's
section of the Department of the Treasury website.
Notice of CFIUS Action
The Committee, taking into consideration the factors identified on
the Committee's section of the Department of the Treasury website, has
determined, under the authority of section 721 of the Defense
Production Act of 1950, as amended, and 31 CFR 802.1001(a), that: (1)
Australia has made significant progress toward establishing and
effectively utilizing a robust process to analyze foreign investments
for national security risks and to facilitate coordination with the
United States on matters relating to investment security; and (2)
Canada has made significant progress toward establishing and
effectively utilizing a robust process to analyze foreign investments
for national security risks and to facilitate coordination with the
United States on matters relating to investment security.
This determination satisfies the second criterion in the definition
of excepted real estate foreign state under 31 CFR 802.214 with respect
to Australia and Canada. Therefore, Australia and Canada are and will
remain excepted real estate foreign states absent further Committee
action and notice in the Federal Register.
Larry McDonald,
Acting Assistant Secretary for International Markets.
[FR Doc. 2022-00234 Filed 1-5-22; 4:15 pm]
BILLING CODE 4810-AK-P
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