---
kind: "section"
citation: "31 C.F.R. § 802.701"
title: "31"
number: "802.701"
heading: "Finality of actions under section 721."
url: "https://uscodex.org/cfr/31/802.701"
---

# §802.701. Finality of actions under section 721.


All authority available to the President or the Committee under [section 721(d)](/cfr/31/721.md?p=d), including divestment authority, shall remain available at the discretion of the President with respect to any covered real estate transaction. Subject to [§ 802.501(c)(1)(ii)](/cfr/31/802.501.md?p=c-1-ii), such authority shall not be exercised if:

- (a) The Committee, through its Staff Chairperson, has advised a party (or the parties) in writing that a particular transaction with respect to which a voluntary notice or a declaration has been filed is not a covered real estate transaction;
- (b) The parties to the transaction have been advised in writing under [§ 802.405(a)(4)](/cfr/31/802.405.md?p=a-4), [§ 802.506](/cfr/31/802.506.md), or [§ 802.508(d)](/cfr/31/802.508.md?p=d) that the Committee has concluded all action under [section 721](/cfr/31/721.md) with respect to the covered real estate transaction; or
- (c) The President has previously announced, under [section 721(d)](/cfr/31/721.md?p=d), his or her decision not to exercise his or her authority under [section 721](/cfr/31/721.md) with respect to the covered real estate transaction.

## 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.