---
kind: "section"
citation: "15 C.F.R. § 231.301"
title: "15"
number: "231.301"
heading: "Procedures for notifying the Secretary of significant transactions."
url: "https://uscodex.org/cfr/15/231.301"
---

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


During the 10-year period beginning on the date of the Federal financial assistance award under [15 U.S.C. 4652](/usc/15/4652.md), 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)](/usc/15/4652.md?p=a-6-C-ii). A notification must include the information set forth in [§ 231.302](/cfr/15/231.302.md) and be submitted to notifications@chips.gov.


## Notes

### Authority

Authority: 15 U.S.C. 4651, et seq.

### Source

Source: 88 FR 61614, Sept. 25, 2023, unless otherwise noted.