Sec. 4. Authority of persons subject to the jurisdiction of the United States to invest with respect to certain agricultural business in Cuba
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Notwithstanding any other provision of law, a person subject to the jurisdiction of the United States may make an investment with respect to the development of an agricultural business in Cuba if the Secretary of State and Secretary of Agriculture jointly determine that— the agricultural business is not controlled by the Government of Cuba, including the Revolutionary Armed Forces of Cuba, the Ministry of the Interior of Cuba, or any subdivision of either such governmental entity; and the agricultural business does not traffic in the property of persons subject to the jurisdiction of the United States that was confiscated by the Cuban Government on or after January 1, 1959.
In this section: The term agricultural business means any entity involved in the production, manufacture, or distribution of agricultural products (as such term is defined in section 207 of the Agricultural Marketing Act of 1946 ( 7 U.S.C. 1626 )). The terms confiscated , Cuban Government , property , and traffic have the meanings given such terms in section 4 of the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 ( 22 U.S.C. 6023 ). The term investment , with respect to the development of an agricultural business in Cuba, means— entry into a contract involving the purchase of a share of ownership, including an equity interest, in the development of the agricultural business; entry into a contract providing for participation in royalties, earnings, or profits in the development of the agricultural business; or entry into, or performance or financing of, a contract to sell goods, services, or technology relating to the agricultural business.
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Sec. 4
Authority of persons subject to the jurisdiction of the United States to invest with respect to certain agricultural business in Cuba
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