; (B) design simplicity; and (C) source term; (2) opportunities to address redundancies and inefficiencies; (3) opportunities to consolidate review phases and reduce transitions between review teams; (4) opportunities to establish integrated review teams to ensure continuity throughout the review process; and (5) other relevant considerations discussed in the policy issue paper on policy and licensing considerations related to micro-reactors dated October 6, 2020, and numbered SECY–20–0093. (c) Consultation In carrying out subsection (a), the Commission shall consult with— (1) the Secretary of Energy; (2) the heads of other Federal agencies, as appropriate; (3) micro-reactor technology developers; and (4) other stakeholders. III Preserving existing nuclear energy generation 301. Foreign ownership (a) In general The prohibitions against issuing certain licenses for utilization facilities to certain aliens, corporations, and other entities described in the second sentence of section 103 d. of the Atomic Energy Act of 1954 ( 42 U.S.C. 2133(d) ) and the second sentence of section 104 d. of that Act ( 42 U.S.C. 2134(d) ) shall not apply to an entity described in subsection (b) if the Commission determines that issuance of the applicable license to that entity is not inimical to— (1) the common defense and security; or (2) the health and safety of the public. (b) Entities described (1) In general An entity referred to in subsection (a) is an alien, corporation, or other entity that is owned, controlled, or dominated by— (A) the government of— (i) a country, other than a country described in paragraph (2), that is a member of the Organisation for Economic Co-operation and Development on the date of enactment of this Act; or (ii) the Republic of India; (B) a corporation that is incorporated in a country described in clause (i) or (ii) of subparagraph (A)