definiens: shall mean, with respect to a Person, any corporation or other business entity that, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with such Person . For purposes of this definition, and . with correlative meanings, the terms and shall mean ( a ) the possession, directly or indirectly, of the power to direct the management or policies of a business entity, whether through the ownership of voting securities, by contract relating to voting rights or corporate governance, or otherwise, or ( b ) the ownership, directly or indirectly, of at least fifty percent ( 50 % ) of the voting securities or other ownership interest of a business entity ( or, with respect to a limited partnership or other similar entity, its general pminer or controlling entity ) ; provided, that if local law restricts foreign ownership, control will be established by direct or indirect ownership of the maximum ownership percentage that may . under such local law, be owned by foreign interests shall mean the applicable laws rules regulations including any rules, regulations . guidelines, or other requirements of the Regulatory Authorities . that may be in effect from time to time in the Territory