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Code · CFR · Title 15 — Commerce and Foreign Trade · Part 231 — Clawbacks of Chips Funding · § 231.301

§ 231.301. Procedures for notifying the Secretary of significant transactions.

92 words·~1 min read·/us/cfr/t15/s§ 231.301·

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During the 10-year period beginning on the date of the Federal financial assistance award under 15 U.S.C. 4652, the covered entity shall submit a notification to the Secretary regarding any planned significant transactions of the covered entity or members of the affiliated group that may involve the material expansion of semiconductor manufacturing capacity in a foreign country of concern, regardless of whether the covered entity believes the transaction falls within an exception in 15 U.S.C. 4652(a)(6)(C)(ii). A notification must include the information set forth in § 231.302 and be submitted to notifications\@chips.gov.
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§ 231.301
Procedures for notifying the Secretary of significant transactions.
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