Definition overview
1 Definition
An entity is considered to be operating under FOCI when a foreign interest has the power, direct or indirect whether or not exercised, and whether or not exercisable, through the ownership of the company under the purview of its National Security Authority/Designated Security Authority, by contractual arrangements or other means, to direct or decide matters affecting the management or operations of that entity in a manner which may result in unauthorised access to classified information or adversely affect the performance of classified contracts or may otherwise be contrary to the interests of national security.
2 References
As defined in the Department of Defence Foreign Ownership Control and Influence (FOCI) Fact Sheet 2023-02
3 Definition Information
Approved Date | 24/4/2025 |
Effective Date | 24/4/2025 |
Record No | 25/428PL |