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         The following selected regulations of the National Government of the Federated States of Micronesia are only a small portion of the entire body of regulations of the Federated States of Micronesia.
         Any discrepancies in these regulations should be resolved in favor of the regulations as officially distributed by the agency or governmental entity of the Federated States of Micronesia from which the regulations originated.
         Regulations are often promulgated, and subject to change or amendment at any time, utilizing the procedures set forth in the administrative procedures laws  of the respective jurisdiction.  Therefore, users of these regulations are advised to  check with the originating agency or governmental entity for any changes or amendments to the regulations prior to utilizing them.
         Certain word processing characters and certain formats such as indents, tabs, and block quotes may not have translated cleanly into "html" format.  The LIS Project may have also undertaken some minor format editing to improve the readability of these regulations on this web site.  Therefore, the appearance of these regulations may differ slightly from the regulations as distributed by the respective agency, governmental entity or the Office of the Attorney General, FSM.  Please see the Disclaimer page of this web site for more information.
         For more general information on the regulations of the Federated States of Micronesia, please contact the Office of the Attorney General, Federated States of Micronesia.

    Section 1.  Purpose and legal effect; authority of the
    Section 2.  Definitions
    Section 3.  National Red, Amber, and Green Lists
    Section 4.  Criteria for foreign investment in National
                       Amber List economic sectors
    Section 5.  Application forms and submission
    Section 6.  Action by the Secretary on applications - time
    Section 7.  Forms of permits
    Section 8.  Application fees and annual fees
    Section 9.  Modification or surrender of a permit
    Section 10.  EWA entitlements
    Section 11.  Reports by holders of permits
    Section 12.  Reports by the Department`and by States
    Section 13.  Fines and penalties
    Section 14.  Assistance to States
    Section 15.  Permit Cancellation Hearing Procedures
    Section 16.  Repatriation of Capital
    Schedule 1 - Economic Sectors on the National Red
                           List (Category A)
    Schedule 2 - Economic Sectors on the National Amber
                           List (Category B)
    Schedule 3 - Economic Sectors on the National Green
                           List (Category C)
    Schedule 4 - Criteria to be Met for Foreign Investment
                           in Economic Sectors on the National
                           Amber List
    Schedule 5 - Application Form for FSM Foreign
                           Investment Permit
    Schedule 6 - Form of FSM Foreign Investment Permit
    Schedule 7 - Application Fees, Annual Fees, and
                           Modification Request Fees
    Schedule 8 - Criteria for the Automatic Award of
                           Additional EWAs
    Schedule 9 - Form for Renewal and Annual Reports by
                           FSM Foreign Investment Permit Holders
    Schedule 10 - Fines and Penalties