Page:RESTRICT Act (S. 686, as introduced).pdf/15

From Wikisource
Jump to navigation Jump to search
This page has been proofread, but needs to be validated.

15

mines that the covered holding poses an undue or unacceptable risk to the national security of the United States or the security and safety of United States persons, the President may take such action as the President considers appropriate to compel divestment of, or otherwise mitigate the risk associated with, such covered holding to the full extent the covered holding is subject to the jurisdiction of the United States, with respect to—

(A) the United States operations, assets, or property of the entity in which the covered holding is held, or of any products or services owned, controlled, designed, developed, manufactured, or supplied by the entity are used in the United States;

(B) any tangible or intangible assets, wherever located, are used to support or enable use of the product or software of the entity in the United States; and

(C) any data obtained or derived from use of the product or software of the entity in the United States.

(2) Non-delegable authority.—The authority to compel divestment of a covered holding under paragraph (1) may only be exercised by the