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(iii) an entity owned, directed, or controlled by an entity described in subparagraphs (i) or (ii); and
(B) includes any other holding, the structure of which is designed or intended to evade or circumvent the application of this Act, subject to regulations prescribed by the Secretary.
(4) Covered transaction.—
(A) In general.—The term “covered transaction” means a transaction in which an entity described in subparagraph (B) has any interest (including through an interest in a contract for the provision of the technology or service), or any class of such transactions.
(B) Covered entities.—The entities deseribed in this subparagraph are:
(i) a foreign adversary;
(ii) an entity subject to the jurisdiction of, or organized under the laws of, a foreign adversary; and
(iii) an entity owned, directed, or controlled by a person described in subparagraph (A) or (B).
