Code of Federal Regulations (Last Updated: April 5, 2024) |
Title 10 - Energy |
Chapter II - Department of Energy |
SubChapter H - Assistance Regulations |
Part 600 - Financial Assistance Rules |
Subpart F - Eligibility Determination for Certain Financial Assistance Programs - General Statement of Policy |
§ 600.502 - What must DOE determine.
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§ 600.502 What must DOE determine.
A company shall be eligible to receive an award of financial assistance under a covered program only if DOE finds that -
(a) Consistent with § 600.503, the company's participation in a covered program would be in the economic interest of the United States; and
(b) The company is either -
(1) A United States-owned company; or
(2) Incorporated or organized under the laws of any State and has a parent company which is incorporated or organized under the laws of a country which -
(i) Affords to the United States-owned companies opportunities, comparable to those afforded to any other company, to participate in any joint venture similar to those authorized under the Act;
(ii) Affords to United States-owned companies local investment opportunities comparable to those afforded to any other company; and
(iii) Affords adequate and effective protection for the intellectual property rights of United States-owned companies.