Moved by
Lord Wallace of Saltaire
84: Schedule 13, page 175, line 33, at end insert—
“(3A) Condition 2A is that the foreign power contributes, directly or indirectly, more than 25% of the annual revenue of the person.”
Member's explanatory statement
This amendment adds an additional condition to determining if a person is controlled by a foreign power. It is intended to further increase transparency.