31 CFR 802.1002

§ 802.1002 Effect of determinations.

United States · 31 CFR — Money and Finance: Treasury · Status: effective

Cite this

Citation: 31 CFR 802.1002, § 802.1002 Effect of determinations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/144153
Permanent ID: ys:prov:144153@1
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Full text

(a) A determination under § 802.1001(a) shall take effect immediately upon publication of a notice of such determination under § 802.1001(c) and remain in effect unless rescinded under § 802.1001(b). (b) A rescission of a determination under § 802.1001(b) shall take effect on the date specified in the notice published under § 802.1001(c). (c) A determination under § 802.1001(a) does not apply to any transaction for which a declaration or notice has been accepted by the Staff Chairperson under § 802.403(a)(1) or § 802.503(a), respectively. (d) A rescission of a determination under § 802.1001(b) does not apply to any transaction for which: (1) The completion date is prior to the date upon which the rescission of a determination under paragraph (b) of this section becomes effective; or (2) Before publication of the rescission of determination under § 802.1001(c), the parties to the transaction have executed a binding written agreement, or other binding document, establishing the material terms of the transaction that is ultimately consummated.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.