31 CFR 589.412 – Projects owned, or to which a majority of voting rights are held, by one or more persons subject to § 589.205
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The prohibitions in § 589.205(b) apply to projects owned 33 percent or more, or to projects in which a majority of voting interests are held, individually or in the aggregate, by one or more persons subject to § 589.205, their property, or their interests in property, including entities owned 50 percent or more by one or more persons subject to § 589.205.