Moved by
Baroness Wilcox of Newport
2: Clause 1, page 1, line 15, at end insert—
“(6) “Owned by a foreign power” means owned by a company controlled by a foreign state and operating for investment purposes.”
Member’s explanatory statement
This amendment provides a definition of foreign ownership and is linked to a further amendment to Clause 2 in the name of Lord McNicol of West Kilbride.