Lead member
Lord Wallace of Saltaire
Liberal Democrat, Life peer
Lords
Decision
Withdrawn
The amendment was withdrawn after debate and no decision was taken on it.
Amendment text
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.