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Notes

§1508.905. Affiliate.

22 C.F.R. § 1508.905

Persons are affiliates of each other if, directly or indirectly, either one controls or has the power to control the other or a third person controls or has the power to control both. The ways we use to determine control include, but are not limited to—
(a)
Interlocking management or ownership;
(b)
Identity of interests among family members;
(c)
Shared facilities and equipment;
(d)
Common use of employees; or
(e)
A business entity which has been organized following the exclusion of a person which has the same or similar management, ownership, or principal employees as the excluded person.
Notes, amendments, and revision history

Authority

Authority: Sec. 2455, Pub.L. 103-355, 108 Stat. 3327; E.O. 12549, 3CFR, 1986 Comp., p.89; E.O. 12689, 3CFR, 1989 Comp., p. 235.

Source

Source: 68 FR 66590, 66592, Nov. 26, 2003, unless otherwise noted.