31 CFR § 561.328
Reduce significantly, significantly reduced, and significant reduction
July 31, 2023
§ 561.328 Reduce significantly, significantly reduced, and significant reduction.
The terms reduce significantly, significantly reduced, and significant reduction, used with respect to purchases from Iran of petroleum and petroleum products, include a reduction in such purchases in terms of price or volume toward a complete cessation of such purchases.
[78 FR 16408, Mar. 15, 2013]