LegalFix
Sign In

§ 2634.1003 - Definitions.

Copy with citation
Copy as parenthetical citation

For purposes of this subpart:

Eligible person means:

Any officer or employee of the executive branch of the Federal Government, except a person who is a special Government employee as defined in 18 U.S.C. 202;

The spouse or any minor or dependent child of the individual referred to in paragraph (1) of this definition; and

Any trustee holding property in a trust in which an individual referred to in paragraph (1) or (2) of this definition has a beneficial interest in principal or income.

Permitted property means:

An obligation of the United States; or

A diversified investment fund. A diversified investment fund is a diversified mutual fund (including diversified exchange-traded funds) or a diversified unit investment trust, as defined in 5 CFR 2640.102(a), (k) and (u);

Provided, however, a permitted property cannot be any holding prohibited by statute, regulation, rule, or Executive order. As a result, requirements applicable to specific agencies and positions may limit an eligible person's choices of permitted property. An employee seeking a Certificate of Divestiture should consult the appropriate designated agency ethics official to determine whether a statute, regulation, rule, or Executive order may limit choices of permitted property.

Previous Section
§ 2634.1002 - Role of the Internal Revenue Service.
Next Section
§ 2634.1004 - General rule.