oil, natural gas or nuclear energy infrastructure.
"Financial institution." A financial institution subject to
the provisions of the North Korea Sanctions and Policy
Enhancement Act of 2016 (Public Law 114-122, 22 U.S.C. § 9201 et
seq.).
"North Korea." The government of North Korea or an agency or
instrumentality of North Korea.
"Person." An individual, organization, a financial
institution, sole proprietorship, association, corporation,
partnership, joint venture, limited partnership, limited
liability partnership, limited liability company or other entity
or business association that exists for the purpose of making a
profit or government entity that includes a multilateral
development institution as defined in section 1701 of the
International Financial Institutions Act (Public Law 95-118, 22
U.S.C. § 262r).
§ 35A02. Engaging in investment activities.
A person or financial institution engages in an investment
activity by doing any of the following:
(1) Providing goods or services worth at least
$20,000,000, including oil tankers or transporters and
liquefied natural gas tankers or transporters, to the energy-
related activities of North Korea, or products used to
construct or maintain pipelines used to transport oil or
liquefied natural gas for the energy sector of North Korea.
(2) Extending at least $20,000,000 in credit to a person
for 45 days or more if all of the following apply:
(i) The person uses the credit to provide goods or
services to the energy sector in North Korea.
(ii) The person is, at the time the financial
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