Page:RESTRICT Act (S. 686, as introduced).pdf/2

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2

(1) Classified national security information.—The term “classified national security information” means information that has been determined pursuant to Executive Order 13526 (50 U.S.C. 3161 note; relating to classified national security information) or any predecessor or successor order, to require protection against unauthorized disclosure, and is marked to indicate such classified status if in documentary form.

(2) Controlling holding.—The term “controlling holding” means a holding with the power, whether direct or indirect and whether exercised or not exercised, to determine, direct, or decide important matters affecting an entity.

(3) Covered holding.—The term “covered holding”—

(A) means, regardless of how or when such holding was or will be obtained or otherwise come to have been held, a controlling holding held, directly or indirectly, in an ICTS covered holding entity by—

(i) a foreign adversary;

(ii) an entity subject to the jurisdiction of, or organized under the laws of, a foreign adversary; or