31 C.F.R. § 800.506
Current through September 30, 2024
If the Committee determines, during the review period described in § 800.503 , not to undertake an investigation of a notified covered transaction, action under section 721 shall be concluded. An official at the Department of the Treasury shall promptly inform the parties to a covered transaction in writing of a determination of the Committee not to undertake an investigation and to conclude action under section 721.
31 C.F.R. §800.506