This was part of what was said in the licensing application, I know they talk about controlling interests and 51% ownership, but I believe the bit in bold red is the overiding principle? I may be wrong, but why word it that way if they don't intend using that particular clause?
In this ownership structure, GE maintains an indirect majority, that is 51% ownership, controlling interest, and no foreign entity has the ability to exercise control over GLE operations and management or has access to, or use rights in, GLE's nonpublic enrichment technology, including classified information.
Governing Board member voting proxies are utilized to assure that only Governing Board members who are U.S. citizens with appropriate U.S. government clearances have access to, or exercise control over activities affecting the protection of, classified information.
Foreign ownership, control, and influence (FOCI) information is initially submitted, and periodic updates thereto are provided, to the NRC in accordance with 10 CFR 95, Facility Security Clearance and
Safeguards of National Security Information and Restricted Data (Ref. 1-9).
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This was part of what was said in the licensing application, I...
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