---
kind: "section"
citation: "31 C.F.R. § 802.1002"
title: "31"
number: "802.1002"
heading: "Effect of determinations."
url: "https://uscodex.org/cfr/31/802.1002"
---

# §802.1002. Effect of determinations.

- (a) A determination under [§ 802.1001(a)](/cfr/31/802.1001.md?p=a) shall take effect immediately upon publication of a notice of such determination under [§ 802.1001(c)](/cfr/31/802.1001.md?p=c) and remain in effect unless rescinded under [§ 802.1001(b)](/cfr/31/802.1001.md?p=b).
- (b) A rescission of a determination under [§ 802.1001(b)](/cfr/31/802.1001.md?p=b) shall take effect on the date specified in the notice published under [§ 802.1001(c)](/cfr/31/802.1001.md?p=c).
- (c) A determination under [§ 802.1001(a)](/cfr/31/802.1001.md?p=a) does not apply to any transaction for which a declaration or notice has been accepted by the Staff Chairperson under [§ 802.403(a)(1)](/cfr/31/802.403.md?p=a-1) or [§ 802.503(a)](/cfr/31/802.503.md?p=a), respectively.
- (d) A rescission of a determination under [§ 802.1001(b)](/cfr/31/802.1001.md?p=b) does not apply to any transaction for which:
  - (1) The completion date is prior to the date upon which the rescission of a determination under [paragraph (b)](#b) of this section becomes effective; or
  - (2) Before publication of the rescission of determination under [§ 802.1001(c)](/cfr/31/802.1001.md?p=c), the parties to the transaction have executed a binding written agreement, or other binding document, establishing the material terms of the transaction that is ultimately consummated.

## Notes

### Authority

Authority: 50 U.S.C. 4565; E.O. 11858, as amended, 73 FR 4677.

### Source

Source: 85 FR 3166, Jan. 17, 2020, unless otherwise noted.