ments, the request shall be reviewed by the Executive Secretary of the Board to initially determine its availability. If he determines, as provided by law, that the record is not to be made available to the requesting person, said party shall be informed in writing of the specific reason(s) why the record is not being disclosed. (c) If an identifiable record is to be made available for public inspection and copying, the person who requested access to the record shall be promptly advised of the availability of the record. denial, and any written argument submitted by the person requesting the review. (c) The decision upon review shall be promptly made in writing and transmitted to the person requesting the review. If the decision is wholly or partly in favor of said person, the requested record to such extent shall be made available for inspection in accordance with § 400.1404 (c). To the extent that the decision is adverse to the request, the reason(s) for the denial shall be stated. (d) A decision upon review completed as provided herein shall constitute the final decision and action of the Board as to the availability of a requested record, except as may be required by court proceedings initiated pursuant to 5 U.S.C. 552 (a) (3). § 400.1406 Security information. Nothing in the regulations in §§ 400.1400-400.1406 should be construed to modify or supersede laws, rules, and regulations governing the release of information classified as security information. CHAPTER VIII-BUREAU OF ECONOMIC Part 802 803 Annual reporting of revenues for carrying imports to, and expenditures in, the United States of shipping and air transport operators of foreign nationality. Reports on foreign investment and on international receipts and payments 804 Foreign direct investment in the United States survey regulations. (2) The Department of Commerce may in lieu of individual reports required under this part, accept consolidated reports from foreign governments covering the operations of their national shipping concerns when, in its discretion, such consolidated reports would provide the information required by this part. Where such reports are accepted, the individual reports from operators or their agents will not be required. (b) The foreign operator, for purposes of this part, means the owner, managing or operating owner, chartered owner, or subchartered owner who enters into and carries out any form of transportation contract with the shippers of merchandise or with passengers. (c) If foreign-owned vessels or aircraft are chartered to other foreign operators, the owner should report his expenses in the United States, if any, and the operator should report the freight or charter revenue earned from the shippers of merchandise and his expenses in the United States. (d) If foreign-owned vessels or aircraft are chartered to a United States operator, the owner should report his expenses in the United States, if any. (e) Reports submitted by agents should include all disbursements accounted for directly by them to the foreign company at its foreign office; if subagents report through a principal agent in the same or another location, the |