; (B) an application under the Act entitled An Act relating to the landing and operation of submarine cables in the United States, approved May 27, 1921 ( 47 U.S.C. 34 et seq. ; 42 Stat. 8) for— (i) a submarine cable landing license; or (ii) an assignment or transfer of control of a submarine cable landing license; or (C) an application for a new license, or for the transfer, assignment, or disposal of an existing license under section 310(d) of the Communications Act of 1934 ( 47 U.S.C. 310(d) ), that is— (i) subject to approval by the Commission under section 310(b)(4) of such Act ( 47 U.S.C. 310(b)(4) ); or (ii) eligible, under the rules of the Commission, for forbearance under section 10 of such Act ( 47 U.S.C. 160 ) from the application of paragraph (1), (2), or (3) of section 310(b) of such Act ( 47 U.S.C. 310(b) ). (6) Threshold foreign ownership limit The term threshold foreign ownership limit means foreign ownership of, as applicable— (A) at least the amount determined by the Commission under section 214(a) of the Communications Act of 1934 ( 47 U.S.C. 214(a) ), in the case of an application described in paragraph (5)(A) of this subsection; (B) any amount, in the case of an application described in paragraph (5)(B) of this subsection; or (C) at least an amount sufficient for section 310(b) of such Act ( 47 U.S.C. 310(b) ) to apply, in the case of an application described in paragraph (5)(C) of this subsection. . (b) Applicability This section, and the amendment made by this section, shall apply to any covered application (as such term is defined in section 106 of the National Telecommunications and Information Administration Organization Act, as added by subsection (a)) filed on or after the date on which the review process is established pursuant to such section 106.