May be achieved through a minority interest which is sufficiently large to achieve effective control, or through creditor, contractual, or regulatory relationships, which together with ownership interest held by a foreign government, achieve effective control; an entity engaged in commercial activity may be treated as a controlled commercial entity if a foreign government holds sufficient interests in such entity to give it effective practical control.
Global Definitions Database
Effective Practical Control (of Section 892)
Source: NCREIF | Date: 05 September 2025 | ID: D1080 | Version: 1