§  22.223   Designated entities.

   (a) Scope. The definitions in this section apply to § § 22.201 through
   22.227, unless otherwise specified in those sections.

   (b) A small business is an entity that either:

   (1) Together with its affiliates and controlling interests has average
   gross revenues that are not more than $3 million for the preceding
   three years; or

   (2) Together with its affiliates and controlling interests has average
   gross revenues that are not more than $15 million for the preceding
   three years.

   [ 68 FR 42998 , July 21, 2003]