15 C.F.R. · Commerce and Foreign Trade
15 C.F.R. § 7.108

Second interagency consultation.

Title 15 C.F.R. ● ACTIVE Primary Source
Regulatory Text

15 C.F.R. § 7.108 — Second interagency consultation.

§ 7.108 Second interagency consultation. (a) Upon receipt of any submission by a party to an ICTS Transaction under § 7.107, the Secretary shall consider whether and how any information provided—including proposed mitigation measures—affects an initial determination of whether the ICTS Transaction meets the criteria set forth in § 7.103(c). (b) After considering the effect of any submission by a party to an ICTS Transaction under § 7.107 consistent with paragraph (a), the Secretary shall consult with and seek the consensus of all appropriate agency heads prior to issuing a final determination as to whether the ICTS Transaction shall be prohibited, not prohibited, or permitted pursuant to the adoption of negotiated mitigation measures. (c) If consensus is unable to be reached, the Secretary shall notify the President of the Secretary's proposed final determination and any appropriate agency head's opposition thereto. (d) After receiving direction from the President regarding the Secretary's proposed final determination and any appropriate agency head's opposition thereto, the Secretary shall issue a final determination pursuant to § 7.109.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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15 C.F.R. § 7.108
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The regulatory text of 15 C.F.R. § 7.108 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 15 15 C.F.R. § 7.108