---
kind: "section"
citation: "31 C.F.R. § 802.405"
title: "31"
number: "802.405"
heading: "Committee actions."
url: "https://uscodex.org/cfr/31/802.405"
---

# §802.405. Committee actions.

- (a) Upon receiving a declaration submitted under [§ 802.401](/cfr/31/802.401.md) with respect to a covered real estate transaction, the Committee may, at the discretion of the Committee:
  - (1) If the Committee has reason to believe that the transaction may raise national security considerations, request that the parties to the transaction file a written notice under subpart E;
  - (2) Inform the parties to the transaction that the Committee is not able to conclude action under [section 721](/cfr/31/721.md) with respect to the transaction on the basis of the declaration and that the parties may file a written notice under [subpart E](/cfr/31/subpartE.md) to seek written notification from the Committee that the Committee has concluded all action under [section 721](/cfr/31/721.md) with respect to the transaction;
  - (3) Initiate a unilateral review of the transaction under [§ 802.501(c)](/cfr/31/802.501.md?p=c); or
  - (4) Notify the parties in writing that the Committee has concluded all action under [section 721](/cfr/31/721.md) with respect to the transaction.
- (b) The Committee shall take action under [paragraph (a)](#a) of this section within the time period set forth in [§ 802.403(b)](/cfr/31/802.403.md?p=b).

## 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.