national Relations of the House of Rep-
resentatives.
(3) COMPONENT PART.—The term ‘‘com-
ponent part’’ has the meaning given that
term in section 11A(e)(1) of the Export
Administration Act of 1979 (50 U.S.C. App.
2410a(e)(1)).
(4) DEVELOP
AND
DEVELOPMENT.—To
‘‘develop’’, or the ‘‘development’’ of, petro-
leum resources means the exploration
for, or the extraction, refining, or trans-
portation by pipeline of, petroleum re-
sources.
(5) FINANCIAL INSTITUTION.—The term
‘‘financial institution’’ includes—
(A) a depository institution (as de-
fined in section 3(c)(1) of the Federal
Deposit Insurance Act), including a
branch or agency of a foreign bank
(as defined in section 1(b)(7) of the
International Banking Act of 1978);
(B) a credit union;
(C) a securities firm, including a
broker or dealer;
(D) an insurance company, in-
cluding an agency or underwriter;
and
(E) any other company that pro-
vides financial services.
(6) FINISHED PRODUCT.—The term ‘‘fin-
ished product’’ has the meaning given
that term in section 11A(e)(2) of the Ex-
port Administration Act of 1979 (50 U.S.C.
App. 2410a(e)(2)).
(7) FOREIGN
PERSON.—The term ‘‘for-
eign person’’ means—
(A) an individual who is not a
United States person or an alien law-
fully admitted for permanent resi-
dence into the United States; or
(B) a corporation, partnership, or
other nongovernmental entity which
is not a United States person.
(8) 
GOODS
AND
TECHNOLOGY.—The
terms ‘‘goods’’ and ‘‘technology’’ have the
meanings given those terms in section 16
of the Export Administration Act of 1979
(50 U.S.C. app. 2415).
(9) INVESTMENT.—The term ‘‘invest-
ment’’ means any of the following activi-
ties if such activity is undertaken pursu-
ant to an agreement, or pursuant to the
exercise of rights under such an agree-
ment, that is entered into with the Gov-
ernment of Iran or a nongovenmental en-
tity in Iran, or with the Government of
Libya or a nongovernmental entity in
Libya, on or after the date of the enact-
ment of this Act:
(A) The entry into a contract that
includes responsibility for the devel-
opment of petroleum resources lo-
cated in Iran or Libya (as the case
may be), or the entry into a contract
providing for the general supervision
and guarantee of another person’s
performance of such a contract.
(B) The purchase of a share of
ownership, including an equity inter-
est, in that development.
(C) The entry into a contract pro-
viding for the participation in royal-
ties, earnings, or profits in that devel-
opment, without regard to the form of
the participation.
The term ‘‘investment’’ does not include
the entry into, performance, or financing
of a contract to sell or purchase goods,
services, or technology.
(10) IRAN.—The term ‘‘Iran’’ includes
any agency or instrumentality of Iran.
(11) 
IRANIAN
DIPLOMATS
AND
REP-
RESENTATIVES OF OTHER GOVERNMENT AND
MILITARY OR QUASI-GOVERNMENTAL INSTITU-
TIONS
OF
IRAN.—The term ‘‘Iranian dip-
lomats and representatives of other gov-
ernment and military or quasi-govern-
mental institutions of Iran’’ includes em-
ployees, representatives, or affiliates of
Iran’s—
(A) Foreign Ministry;
(B) Ministry of Intelligence and
Security;
(C) Revolutionary Guard Corps;
(D) Crusade for Reconstruction;
(E) Qods (Jerusalem) Forces;
(F) Interior Ministry;
(G) Foundation for the Oppressed
and Disabled;
(H) Prophet’s Foundation;
(I) June 5th Foundation;
(J) Martyr’s Foundation;
(K) Islamic Propagation Organiza-
tion; and
(L) Ministry of Islamic Guidance.
(12) LIBYA.—The term ‘‘Libya’’ in-
cludes any agency or instrumentality of
Libya.
(13) NUCLEAR EXPLOSIVE DEVICE.—The
term ‘‘nuclear explosive device’’ means
any device, whether assembled or dis-
assembled, that is designed to produce an
instantaneous release of an amount of
nuclear energy from special nuclear ma-
terial (as defined in section 11aa. of the
Atomic Energy Act of 1954) that is great-
er than the amount of energy that would
be released from the detonation of one
pound of trinitrotoluene (TNT).
(14) 
PERSON.—The 
term 
‘‘person’’
means—
(A) a natural person;
(B) a corporation, business asso-
ciation, partnership, society, trust,
any other nongovernmental entity,
organization, or group, and any gov-
ernmental entity operating as a busi-
ness enterprise; and
(C) any successor to any entity
described in subparagraph (B).
(15) 
PETROLEUM
RESOURCES.—The
term ‘‘petroleum resources’’ includes pe-
troleum and natural gas resources.
(16) UNITED
STATES
OR
STATE.—The
term ‘‘United States’’ or ‘‘State’’ means the
several States, the District of Columbia,
the Commonwealth of Puerto Rico, the
Commonwealth of the Northern Mariana
Islands, American Samoa, Guam, the
United States Virgin Islands, and any
other territory or possession of the Unit-
ed States.
(17) UNITED STATES PERSON.—The term
‘‘United States person’’ means—
(A) a natural person who is a citi-
zen of the United States or who owes