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UK National Security and Investment Act 2021 - Mandatory Notification and Screening for Sensitive Sectors

The UK National Security and Investment Act 2021 requires mandatory notification to the UK Government's Investment Security Unit for certain acquisitions…

What UK National Security and Investment Act 2021 - Mandatory Notification and Screening for Sensitive Sectors requires

The UK National Security and Investment Act 2021 requires mandatory notification to the UK Government's Investment Security Unit for certain acquisitions of entities active in 17 sensitive areas of the economy. As per Section 6, these 'notifiable acquisitions' must be approved before completion to avoid being legally void and incurring civil or criminal penalties.

Pillar: Aviation, Defense & Quantum · Authority: UK Government, Investment Security Unit (ISU) · Version: 1.0.0 · Last updated:

Primary source: https://www.legislation.gov.uk/ukpga/2021/25/contents

SHA-256 integrity: f5e88bb000e8559886dfa3799f33cad094973ca382b762bacd60b46839a5bf9e

Primary Citations — 7 traced to source

  • National Security and Investment Act 2021, Section 1 - Call-in power
  • National Security and Investment Act 2021, Section 6 - Meaning of 'notifiable acquisition'

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