31 C.F.R. § 801.103 – Applicability rule.

(a) Except as provided in paragraph (b) of this section and otherwise in this part, the regulations in this part apply from the pilot program effective date.
(b) The regulations in this part do not apply to any transaction for which:
1. (1) The completion date is prior to the pilot program effective date; or
2. (2) The following has occurred before October 11, 2018:
  1. (i) The parties to the transaction have executed a binding written agreement or other document establishing the material terms of the transaction;
  2. (ii) A party has made a public offer to shareholders to buy shares of a pilot program U.S. business; or
  3. (iii) A shareholder has solicited proxies in connection with an election of the board of directors of a pilot program U.S. business or has requested the conversion of convertible voting securities.