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National Security and Investment Act Regulations

The Cabinet Office, Department for Business, Energy & Industrial Strategy, and Department for Energy Security and Net Zero are implementing and updating regulations under the National Security and Investment Act 2021 to control acquisitions of qualifying entities that pose national security risks. The regulatory framework specifies which entities trigger mandatory notification requirements, with ongoing consultation with industry stakeholders on notifiable acquisition thresholds and definitions.

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2026

12 events
29 Apr 2026 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, whether sensitive government data was (a) stored in and (b) transmitted through Global Switch data centres following the acquisition of a 49% stake by Elegant Jubilee Ltd in December 2016.

Why linked: April 2026 PQ on whether sensitive government data was stored in Global Switch data centres following the Elegant Jubilee acquisition.

To ask the Minister for the Cabinet Office, whether sensitive government data was (a) stored in and (b) transmitted through Global Switch data centres following the acquisition of a 49% stake by Elegant Jubilee Ltd in December 2016.

▤ View document · ↗ GOV.UK
29 Apr 2026 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, whether his Department holds assessments relating to national security risks arising from the 2016 acquisition of Global Switch by Elegant Jubilee Ltd.

Why linked: April 2026 PQ on assessments relating to national security risks from the 2016 Global Switch acquisition.

To ask the Minister for the Cabinet Office, whether his Department holds assessments relating to national security risks arising from the 2016 acquisition of Global Switch by Elegant Jubilee Ltd.

▤ View document · ↗ GOV.UK
29 Apr 2026 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, whether his Department conducted a national security review of the acquisition of Global Switch by Elegant Jubilee Ltd in December 2016.

Why linked: April 2026 PQ on whether the Cabinet Office conducted an NSI review of the Global Switch acquisition.

To ask the Minister for the Cabinet Office, whether his Department conducted a national security review of the acquisition of Global Switch by Elegant Jubilee Ltd in December 2016.

▤ View document · ↗ GOV.UK
26 Mar 2026 | Guidance Cabinet Office ISU linked direct

Operation of the National Security and Investment Act 2021: memorandum of understanding between the Cabinet Office and the CMA

Why linked: MoU between the Cabinet Office and the CMA on operation of the NSI Act — the principal inter-regulator coordination instrument.

Memorandum of Understanding between the Cabinet Office and the Competition and Markets Authority on the operation of the National Security and Investment Act 2021.

▤ View document · ↗ GOV.UK · ↓ MoU between Cabinet Office and the CMA on the o…
12 Mar 2026 | Announcement Cabinet Office ISU linked direct

Updates to the National Security and Investment Act 20221 - Notifiable Acquisition Regulations

Why linked: HCWS1394 written ministerial statement of 12 March 2026 announcing the consultation response and updates to the regulations.

UIN: HCWS1394 I am today publishing the Government's response to the Consultation on the National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021 (‘the NARs’).On 22 July 2025, the Government launched a 1...

▤ View document · ↗ GOV.UK · ↓
12 Mar 2026 | Announcement Cabinet Office ISU linked direct

Updates to the National Security and Investment Act 2021 - Notifiable Acquisition Regulations

Why linked: HLWS1399 written ministerial statement of 12 March 2026 announcing the consultation response and updates to the regulations.

UIN: HLWS1399 My Rt. Hon. Friend the Chief Secretary to the Prime Minister, Darren Jones MP, has today made the following statement:I am today publishing the Government's response to the Consultation on the National Security and Investment Act 2021 (Notifiable …

▤ View document · ↗ GOV.UK · ↓
12 Mar 2026 | Consultation (open) Cabinet Office ISU linked direct

National Security and Investment Act (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021 (HTML)

Why linked: HTML version of the March 2026 consultation document on NSI Notifiable Acquisition Regulations.

HTML version of the March 2026 consultation document on NSI Notifiable Acquisition Regulations.

In response to: Consultation on the NSI Act Notifiable Acquisition Regulations

▤ View document · ↗ GOV.UK
12 Mar 2026 | Consultation outcome Cabinet Office ISU linked direct

Consultation on the NSI Act Notifiable Acquisition Regulations

Why linked: The 2025-2026 Citizen Space consultation on the NSI Notifiable Acquisition Regulations — the direct successor consultation to the original SI 2021/1264 design.

This consultation seeks views on proposed changes to the National Security and Investment Act (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021

▤ View document · ↗ GOV.UK · ↓ National Security and Investment Act (Notifiabl… (73pp)
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↓ National Security and Investment Act (Notifiable Acquisitio… ↓ National Security and Investment Act (Notifiable Acquisitio… (37pp) ↓ National Security and Investment Act (Notifiable Acquisitio…

2025

13 events
22 Jul 2025 | Announcement Cabinet Office ISU linked direct

Update on the National Security and Investment Act 2021

Why linked: HCWS878 of July 2025 by Pat McFadden on the NSI Annual Report 2024-25.

UIN: HCWS878 Security and prosperity go hand in hand – we need a strong economy to support our security, and the investment driving our economic growth needs to be secure.With that in mind, I am today announcing my intention to …

▤ View document · ↗ GOV.UK · ↓
22 Jul 2025 | Announcement Cabinet Office ISU linked direct

Update on the National Security and Investment Act 2021

Why linked: HLWS878 of July 2025 by Pat McFadden as Chancellor of the Duchy of Lancaster on the NSI Annual Report 2024-25 — current ministerial position-setter.

UIN: HLWS878 My Rt. Hon. Friend the Chancellor of the Duchy of Lancaster (Rt Hon. Pat McFadden MP) has today made the following statement:Security and prosperity go hand in hand – we need a strong economy to support our security, …

▤ View document · ↗ GOV.UK · ↓
7 May 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20698 on Foreign Investment in UK: National Security, if his Department will modify the National Security and Investment Act 2021 annual reporting to include

Why linked: May 2025 PQ on similar NSI Act modification question following another case answer.

To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20698 on Foreign Investment in UK: National Security, if his Department will modify the National Security and Investment Act 2021 annual reporting …

▤ View document · ↗ GOV.UK
7 May 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if his Department will modify the National Security and Investment Act 2021 annual reporting to ensure a

Why linked: May 2025 PQ on whether the NSI Act will be modified following a specific case answer.

To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if his Department will modify the National Security and Investment Act 2021 annual reporting …

▤ View document · ↗ GOV.UK
28 Apr 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, how many transactions have been statutorily notified to his Department under the terms of the National Security and Investment Act since 5 July 2024.

Why linked: April 2025 PQ from Liam Byrne MP on statutory notifications under the NSI Act since 5 July 2024.

To ask the Minister for the Cabinet Office, how many transactions have been statutorily notified to his Department under the terms of the National Security and Investment Act since 5 July 2024.

▤ View document · ↗ GOV.UK
22 Apr 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, whether his Department has received recent representations from firms involved in transactions referred to his Department under the National Security and Investment Act since 5 July 2024.

Why linked: April 2025 PQ on Cabinet Office representations from firms involved in NSI transactions.

To ask the Minister for the Cabinet Office, whether his Department has received recent representations from firms involved in transactions referred to his Department under the National Security and Investment Act since 5 July 2024.

▤ View document · ↗ GOV.UK
7 Apr 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if he will publish mitigation measures taken as a result of final orders issued in the last year with th

Why linked: April 2025 PQ on publishing mitigation measures taken following NSI Act cases.

To ask the Minister for the Cabinet Office, pursuant to the Answer of 6 January 2025 to Question 20702 on Foreign Investment in UK: National Security, if he will publish mitigation measures taken as a result of final orders issued …

▤ View document · ↗ GOV.UK
3 Apr 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, pursuant to the Answer of 8 January 2025 to Question 22202 on Foreign Investment in the UK: National Security, how many transactions have related to China since 5 July 2024.

Why linked: April 2025 PQ on China-related NSI transactions since 5 July 2024.

To ask the Minister for the Cabinet Office, pursuant to the Answer of 8 January 2025 to Question 22202 on Foreign Investment in the UK: National Security, how many transactions have related to China since 5 July 2024.

▤ View document · ↗ GOV.UK
31 Mar 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, what steps has his Department taken to improve the speed of reviews conducted under the powers of the National Security and Investment Act since 5 July 2024.

Why linked: March 2025 PQ on steps to improve speed of NSI Act reviews since 5 July 2024.

To ask the Minister for the Cabinet Office, what steps has his Department taken to improve the speed of reviews conducted under the powers of the National Security and Investment Act since 5 July 2024.

▤ View document · ↗ GOV.UK
31 Mar 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, how many transactions have been voluntary notified to his Department under the terms of the National Security and Investment Act since 5 July 2024.

Why linked: March 2025 PQ on voluntary notifications under the NSI Act since 5 July 2024.

To ask the Minister for the Cabinet Office, how many transactions have been voluntary notified to his Department under the terms of the National Security and Investment Act since 5 July 2024.

▤ View document · ↗ GOV.UK
27 Mar 2025 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, how many transactions under review under the National Security and Investment Act remain under review beyond the 30-working-day statutory deadline.

Why linked: March 2025 PQ from Tan Dhesi on transactions remaining under review beyond the 30-working-day deadline.

To ask the Minister for the Cabinet Office, how many transactions under review under the National Security and Investment Act remain under review beyond the 30-working-day statutory deadline.

▤ View document · ↗ GOV.UK

2024

27 events
10 Sep 2024 | Policy paper Cabinet Office ISU linked direct

National Security and Investment Act 2021: Annual Report 2022-23

Why linked: Matched expansion phrase: National Security and Investment Act 2021

Annual report on the implementation of the National Security and Investment Act 2021 covering 2022-23

▤ View document · ↗ GOV.UK · ↓ National Security and Investment Act 2021: annu… (57pp)
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↓ National Security and Investment Act 2021: annual report 20… ↓ Supplementary background information
27 Aug 2024 | Consultation outcome NESO linked direct

CMP390: Updating application forms to enable disclosure of information to government for purposes of the National Security and Investment (NSI) Act 2021

Why linked: August 2024 CMP390 consultation outcome on amending the energy code to enable disclosure for NSI Act purposes — operational implementation detail.

Source: National Energy System Operator code modification register Code: CUSC Modification status: Implemented - Pending Decision Last updated: 2024-08-27 The National Security and Investment (NSI) Act 2021 enables Government to scrutinise the acquisition of rights in entities and assets and …

▤ View document · ↗ GOV.UK · ↓ CMP390 Legal Text
+9 more
↓ CMP390 Proposal Form ↓ CMP390 Code Administrator Consultation and Annexes ↓ CMP390 Code Administrator Consultation Response Proforma ↓ CMP390 Code Administrator Consultation ↓ CMP390 Final Modification Report Annexes ↓ CMP390 Final Modification Report ↓ CMP390 Draft Final Modification Report Annexes ↓ CMP390 Draft Final Modification Report ↓ CMP390 Authority Decision
21 May 2024 | Guidance Cabinet Office ISU linked direct

National Security and Investment (NSI) Act: Market Guidance

Why linked: May 2024 NSI Market Guidance.

The topics in the Market Guidance are based on analysis of the notifications received under the NSI Act and feedback from stakeholders on their experience of the system.

▤ View document · ↗ GOV.UK · ↓ National Security and Investment: Market Guidan…
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↓ National Security and Investment: Market Guidance, April 20… ↓ National Security and Investment: Market Guidance (July 202…
21 May 2024 | Guidance Cabinet Office ISU linked direct

National security and investment: statement about exercise of the call-in power

Why linked: May 2024 refreshed section 3 statement on the use of the call-in power.

The section 3 statement sets out how the Secretary of State expects to exercise powers under the NSI Act to call-in certain acquisitions for scrutiny.

▤ View document · ↗ GOV.UK · ↓ Foreword to the statement for the purposes of s…
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↓ National Security and Investment Act 2021: Statement for th… ↓ National Security and Investment Act 2021: Statement for th…
18 Apr 2024 | Consultation (closed) Cabinet Office ISU linked direct

Call for Evidence - National Security and Investment Act

Why linked: April 2024 Call for Evidence on the NSI Act — first-order review of the regime.

We want to hear your views on how the NSI regime can be even more business friendly while maintaining and honing the essential protections we need for our national security

▤ View document · ↗ GOV.UK · ↓ Call for Evidence - National Security and Inves…
+2 more
↓ Privacy Notice for National Security and Investment Act: C… ↓ National Security and Investment Act 2021: Call for Evidenc…
18 Apr 2024 | Consultation outcome Cabinet Office ISU linked direct

Government response to the Business and Trade Committee’s submission to the National Security and Investment Act Call for Evidence 2023

Why linked: Government response to the Business and Trade Committee's submission to the NSI Call for Evidence — direct committee scrutiny of the regime.

This is the Government’s response to the Business and Trade Committee’s submission to the NSI Call for Evidence.

▤ View document · ↗ GOV.UK
6 Feb 2024 | Guidance Cabinet Office ISU linked direct

National Security and Investment Act 2021: guidance for new build downstream gas and electricity assets

Why linked: February 2024 NSI Act guidance on new-build downstream gas and electricity assets.

This guidance helps developers of new build downstream gas and electricity infrastructure to understand the scope of the National Security and Investment Act 2021.

▤ View document · ↗ GOV.UK · ↓ Applicability of the National Security and Inve…
5 Feb 2024 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, for what reason his Department has not made a decision on the acquisition of Newport Wafer Fab by Vishay Intertechnology within its 30-working day target.

Why linked: February 2024 PQ on the Newport Wafer Fab / Vishay Intertechnology decision timeline.

To ask the Minister for the Cabinet Office, for what reason his Department has not made a decision on the acquisition of Newport Wafer Fab by Vishay Intertechnology within its 30-working day target.

▤ View document · ↗ GOV.UK
29 Jan 2024 | Written question Cabinet Office linked direct

To ask His Majesty's Government what plans they have to investigate the proposed acquisition of the Telegraph Media Group by RedBird IMI under the National Security and Investment Act 2021.

Why linked: January 2024 PQ on plans to investigate the Telegraph Media Group / RedBird IMI acquisition under the NSI Act.

To ask His Majesty's Government what plans they have to investigate the proposed acquisition of the Telegraph Media Group by RedBird IMI under the National Security and Investment Act 2021.

▤ View document · ↗ GOV.UK

2023

12 events
11 Jul 2023 | Announcement Cabinet Office ISU linked direct

Work under the National Security and Investment Act 2021

Why linked: HCWS925 of July 2023 laying the NSI Annual Report 2022-23 in the Commons.

UIN: HCWS925 I am today laying before Parliament the Annual Report covering the operation of the National Security and Investment Act 2021 (NSI Act) for the period 1 April 2022 to 31 March 2023. A copy of the report will …

▤ View document · ↗ GOV.UK
11 Jul 2023 | Announcement Cabinet Office ISU linked direct

Work under the National Security and Investment Act 2021

Why linked: HLWS911 of July 2023 by Oliver Dowden laying the NSI Annual Report 2022-23.

UIN: HLWS911 My Rt. Hon. Friend the Deputy Prime Minister, Oliver Dowden CBE MP, has today made the following statement:I am today laying before Parliament the Annual Report covering the operation of the National Security and Investment Act 2021 (NSI …

▤ View document · ↗ GOV.UK
7 Jul 2023 | Statutory Instrument ISU linked direct

The Secretaries of State for Energy Security and Net Zero, for Science, Innovation and Technology, for Business and Trade, and for Culture, Media and Sport and the Transfer of Functions (National Security and Investment Act 2021 etc) Order 2023

Why linked: Alternative legislation.gov.uk listing of the same May 2023 Transfer of Functions Order.

This Order in Council is made under sections 1 and 2 of the Ministers of the Crown Act 1975. It makes provision in connection with the establishment of the Department for Energy Security and Net Zero, the Department for Science, …

▤ View document · ↗ GOV.UK
7 Jul 2023 | Statutory Instrument ISU linked direct

The Secretaries of State for Energy Security and Net Zero, for Science, Innovation and Technology, for Business and Trade, and for Culture, Media and Sport and the Transfer of Functions (National Security and Investment Act 2021 etc) Order 2023

Why linked: Transfer of Functions Order 2023 making NSI Act functions concurrently exercisable by the Chancellor of the Duchy of Lancaster — the machinery change that moved the regime to the Cabinet Office.

This Order in Council is made under sections 1 and 2 of the Ministers of the Crown Act 1975. It makes provision in connection with the establishment of the Department for Energy Security and Net Zero, the Department for Science, …

▤ View document · ↗ GOV.UK
26 May 2023 | Other Northern Ireland Courts and Tribunals Service linked direct

Mortgages: Actions for possession bulletin January to March 2023

Why linked: Alternative listing of the January 2022 notification service terms and conditions.

This bulletin provides statistics for cases received (i.e. writs and originating summonses issued), cases disposed and final orders made in respect of mortgages in the Chancery Division of the Northern Ireland High Court for the period January to March 2023 …

▤ View document · ↗ GOV.UK
24 Jan 2023 | Other Cabinet Office Department for Business, Energy & Industrial Strategy ISU linked direct

Flusso Limited share acquisition: no further action under National Security and Investment Act 2021

Why linked: January 2023 no-further-action decision on the Flusso Limited share acquisition — case-precedent illustration.

January 2023 no-further-action decision on the Flusso Limited share acquisition — case-precedent illustration.

In response to: Flusso Limited share acquisition: decision to take no further action

▤ View document · ↗ GOV.UK

2022

18 events
15 Dec 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, what process his Department followed to prepare the national security assessment prior to the Newport Wafer Fab divestment decision; and what evidence his Department received as p

Why linked: December 2022 PQ on the national security assessment process for the Newport Wafer Fab divestment.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what process his Department followed to prepare the national security assessment prior to the Newport Wafer Fab divestment decision; and what evidence his Department received as p

▤ View document · ↗ GOV.UK
12 Dec 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of Microsoft's proposed acquisition of Activision on the UK's video games industry, including on independent video game develop

Why linked: December 2022 PQ on the potential impact of Microsoft's Activision acquisition on the UK video games sector — NSI Act adjacency.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential impact of Microsoft's proposed acquisition of Activision on the UK's video games industry, including on independent video game develop

▤ View document · ↗ GOV.UK
7 Dec 2022 | Announcement Department for Business, Energy & Industrial Strategy ISU linked direct

Government to take no further action under NSI Act 2021 on Aveva group acquisition

Why linked: December 2022 no-further-action decision on the Aveva group acquisition — case-precedent illustration.

The government has powers under the National Security and Investment Act 2021 to scrutinise and, if necessary, intervene in qualifying acquisitions on national security grounds.

▤ View document · ↗ GOV.UK
6 Dec 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help ensure that the jobs at the Newport Wafer Fab are protected.

Why linked: December 2022 PQ on protecting Newport Wafer Fab jobs through the NSI Act.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department is taking to help ensure that the jobs at the Newport Wafer Fab are protected.

▤ View document · ↗ GOV.UK
6 Dec 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the recommendation from the BEIS Investment Security Unit on the Newport Wafer Fab divestment decision.

Why linked: December 2022 PQ on the BEIS Investment Security Unit recommendation on the Newport Wafer Fab divestment.

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish the recommendation from the BEIS Investment Security Unit on the Newport Wafer Fab divestment decision.

▤ View document · ↗ GOV.UK
28 Nov 2022 | Other ISU linked direct

The exercise of controls under the National Security and Investment Act is still at an early stage. We note reservations about the speed of some assessments under the Act and under the export control process, and we will be conducting scrutiny of how powers under the National Security and Investment Act are being used via our National Security and Investment Sub-Committee. Nevertheless, it is our view that the overall purpose of the Act in monitoring acquisitions with a view to safeguarding n...

Why linked: November 2022 Committee observations on the exercise of controls under the NSI Act.

The exercise of controls under the National Security and Investment Act is still at an early stage. We note reservations about the speed of some assessments under the Act and under the export control process, and we will be conducting …

▤ View document · ↗ GOV.UK
28 Nov 2022 | Other ISU linked direct

We will further consider the Nexperia case, via the National Security and Investment Sub-Committee, once the period for appeal has expired. In the meantime, the Department should work proactively to ensure a successful transfer of the Newport site to a new owner. Ministers should update the Committee on progress made.

Why linked: November 2022 Committee statement on the Nexperia case via the National Security and Investment Sub-Committee.

We will further consider the Nexperia case, via the National Security and Investment Sub-Committee, once the period for appeal has expired. In the meantime, the Department should work proactively to ensure a successful transfer of the Newport site to a …

▤ View document · ↗ GOV.UK
24 Nov 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy, and Industrial Strategy, for what reason the Government has created the role of Minister for Science and Investment Security in addition to the Minister for Science, Research and Innovation.

Why linked: November 2022 PQ on creation of the role of Minister for Science and Investment Security.

To ask the Secretary of State for Business, Energy, and Industrial Strategy, for what reason the Government has created the role of Minister for Science and Investment Security in addition to the Minister for Science, Research and Innovation.

▤ View document · ↗ GOV.UK
14 Nov 2022 | Written question Cabinet Office linked direct

To ask the Minister for the Cabinet Office, which (a) members of the Cabinet and (b) other Ministers have been involved in discussions on the content of (i) the Online Safety Bill and (ii) the National Security Bill since 24 July 2019.

Why linked: November 2022 PQ on Ministers involved in discussions on the NSI Act.

To ask the Minister for the Cabinet Office, which (a) members of the Cabinet and (b) other Ministers have been involved in discussions on the content of (i) the Online Safety Bill and (ii) the National Security Bill since 24 …

▤ View document · ↗ GOV.UK
11 Nov 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made with Cabinet colleagues of the potential impact of allowing Chinese state affiliated companies to be part of the smart meter roll-out on national secur

Why linked: November 2022 PQ on impact of allowing Chinese state-affiliated companies to acquire UK assets.

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made with Cabinet colleagues of the potential impact of allowing Chinese state affiliated companies to be part of the smart meter roll-out on national …

▤ View document · ↗ GOV.UK
11 Nov 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has made assessment of any potential threat to national security of the rollout of Kaifa Technology UK’s smart meters in UK homes.

Why linked: November 2022 PQ on national security threat assessment of Kaifa Technology UK smart meter rollout — NSI Act application area.

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has made assessment of any potential threat to national security of the rollout of Kaifa Technology UK’s smart meters in UK homes.

▤ View document · ↗ GOV.UK
4 Nov 2022 | Other ISU linked direct

Since the UK’s purchase of OneWeb, the number of shareholders has continued to grow. Although the Government has provided assurances that the proposed merger with Eutelsat will not affect the UK’s shares and involvement in OneWeb, uncertainty remains over how the continued changing ownership will affect its management. The proposed merger with Eutelsat must be subject to proper scrutiny under the National Security and Investment Act and the Government must provide assurance that OneWeb’s oper...

Why linked: November 2022 Committee statement on the OneWeb/Eutelsat case and NSI Act application.

Since the UK’s purchase of OneWeb, the number of shareholders has continued to grow. Although the Government has provided assurances that the proposed merger with Eutelsat will not affect the UK’s shares and involvement in OneWeb, uncertainty remains over how …

▤ View document · ↗ GOV.UK
3 Nov 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he is taking steps to mitigate against the reductions in regulations envisaged by the Retained EU Law (Revocation and Reform) Bill.

Why linked: November 2022 PQ on national security review of Bacanora Lithium acquisition — NSI Act application area.

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he is taking steps to mitigate against the reductions in regulations envisaged by the Retained EU Law (Revocation and Reform) Bill.

▤ View document · ↗ GOV.UK
1 Nov 2022 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask His Majesty's Government whether their sale of interest in OneWeb to Eutelsat of France was approved under the National Security and Investment Act 2021.

Why linked: November 2022 PQ on whether the OneWeb / Eutelsat sale was approved under the NSI Act.

To ask His Majesty's Government whether their sale of interest in OneWeb to Eutelsat of France was approved under the National Security and Investment Act 2021.

▤ View document · ↗ GOV.UK
31 Oct 2022 | Announcement Department for Business, Energy & Industrial Strategy ISU linked direct

Government to take no further action under the National Security and Investment Act (2021) on Royal Mail share acquisition

Why linked: October 2022 no-further-action decision on the Vesa Equity / Royal Mail acquisition — case-precedent illustration.

The government has today (Monday 31 October) decided to take no further action under its national security powers on the proposed increase in shareholdings by Vesa Equity Investment in Royal Mail.

▤ View document · ↗ GOV.UK
29 Mar 2022 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Prescribed Form and Content of Notices and Validation Applications) (Amendment) Regulations 2022

Why linked: Corrective amendment regulations made March 2022 following JCSI scrutiny of drafting defects in the Prescribed Form regulations.

These Regulations correct errors identified by the Joint Committee on Statutory Instruments in its 22nd Report of 2021-2022 by amending the National Security and Investment Act 2021 (Prescribed Form and Content of Notices and Validations Applications) Regulations 2021. In Schedules …

▤ View document · ↗ GOV.UK

2021

50 events
20 Dec 2021 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Commencement No. 2 and Transitional and Saving Provision) Regulations 2021

Why linked: NSI Act 2021 Commencement No. 2 Regulations 2021 — brought the substantive regime into force on 4 January 2022 with transitional savings.

These Regulations are the second commencement regulations made under the National Security and Investment Act 2021 (c. 25) (“the 2021 Act”) and commence the remaining provisions of the Act and make transitional and saving provision.

▤ View document · ↗ GOV.UK
16 Nov 2021 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Monetary Penalties) (Turnover of a Business) Regulations 2021

Why linked: NSI Act 2021 (Monetary Penalties) (Turnover of a Business) Regulations 2021 — defines turnover calculation for the penalty regime.

These Regulations make provision for the purposes of section 41 of the National Security and Investment Act 2021 (c. 25) (“the Act”), for determining when a business is to be treated as controlled by a business and for determining the …

▤ View document · ↗ GOV.UK
16 Nov 2021 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021

Why linked: Legislation.gov.uk page for the NSI Act 2021 (Notifiable Acquisition) Regulations 2021 — the central operationalising SI.

Under section 6(2) of the National Security and Investments Act 2021 (“the Act”), a notifiable acquisition takes place when a person gains control of a qualifying entity of a specified description, by virtue of one or more of the cases …

▤ View document · ↗ GOV.UK
16 Nov 2021 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Prescribed Form and Content of Notices and Validation Applications) Regulations 2021

Why linked: NSI Act 2021 (Prescribed Form and Content of Notices and Validation Applications) Regulations 2021 — a core operationalising SI of the regime.

The National Security and Investment Act 2021 (“the Act”) provides for persons to notify the Secretary of State about acquisitions that constitute trigger events and to apply for retrospective validation of a notifiable acquisition. These Regulations set out the information …

▤ View document · ↗ GOV.UK
15 Nov 2021 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Procedure for Service) Regulations 2021

Why linked: NSI Act 2021 (Procedure for Service) Regulations 2021 — operationalising SI governing how notices and orders are served under the regime.

These Regulations specify the procedure for serving (or giving) documents which are required or allowed to be given under the National Security and Investment Act 2021 (“the Act”).

▤ View document · ↗ GOV.UK
11 Nov 2021 | Statutory Instrument Cabinet Office Department for Business, Energy & Industrial Strategy Department for Energy Security and Net Zero evidence

The National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021

Why linked: Filled the "Guidance on qualifying entities and notifiable acquisitions thresholds" gap via web research

The statutory instrument (SI 2021/1264) that legally specifies, across 17 schedules, the descriptions of qualifying entities and the UK activities they must carry on to fall within mandatory notification requirements under section 6(2) of the NSI Act. It is the …

▤ View document · ↗ GOV.UK
2 Nov 2021 | Consultation outcome Department for Business, Energy & Industrial Strategy ISU linked direct

National Security and Investment Act 2021: statement on the use of the power to call in acquisitions

Why linked: Original consultation on the Section 3 Statement on use of the NSI call-in power.

We're seeking views on the draft statement concerning the use of the call-in power under section 3 of the National Security and Investment Act 2021.

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↓ Draft statement on the use of the power to call in acquisit… (9pp) ↓ National Security and Investment: statement for the purpose… (14pp)
1 Nov 2021 | Bill stage ISU linked

National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021

Considered in Grand Committee 16:12:00 Moved by Lord Callanan: That the Grand Committee do consider the National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021. Relevant document: 13th Report from the Secondary Legislation Scrutiny Committee …

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20 Oct 2021 | Committee sitting Delegated Legislation Committee linked direct

Delegated Legislation Committee: Draft National Security and Investment Act 2021 (Monetary Penalties) (Turnover of a Business) Regulations 2021 Draft National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021

Why linked: October 2021 Delegated Legislation Committee debate on the draft Monetary Penalties and Notifiable Acquisition regulations.

The Committee consisted of the following Members: Chair: Sir George Howarth † Cruddas, Jon (Dagenham and Rainham) (Lab) Davies, Geraint (Swansea West) (Lab/Co-op) † Double, Steve (St Austell and Newquay) (Con) † Fletcher, Colleen (Coventry North East) (Lab) Fletcher, Mark …

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14 Jul 2021 | Other ISU linked direct

The takeover of Newport Wafer Fab by Nexperia represents the sale of one of the UK’s prized assets to a strategic competitor, at a time when global chip shortages means that the products manufactured by NWF are of vital national importance. Failure to conduct a detailed assessment of this transaction under the NSI Act would indicate that the Government continues to hold an unrealistically optimistic understanding of the Chinese government’s intentions and is prioritising short-term commercial...

Why linked: Foreign Affairs Committee comment on the Newport Wafer Fab/Nexperia takeover as a test case for the NSI regime.

The takeover of Newport Wafer Fab by Nexperia represents the sale of one of the UK’s prized assets to a strategic competitor, at a time when global chip shortages means that the products manufactured by NWF are of vital national …

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14 Jul 2021 | Other ISU linked direct

It is vital that there is continuous monitoring of the investment and technology landscapes to catch non-notified transactions, as well as monitoring for changes to board compositions or ownership models, which may not serve the UK’s security interests, after the initial transaction has taken place with Government intervention if necessary. This should be additional to the notification regime established by the NSI Act and will require regular feed-in from multiple departments, including the ...

Why linked: Foreign Affairs Committee recommendation on continuous monitoring for non-notified transactions and post-clearance ownership changes.

It is vital that there is continuous monitoring of the investment and technology landscapes to catch non-notified transactions, as well as monitoring for changes to board compositions or ownership models, which may not serve the UK’s security interests, after the …

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14 Jul 2021 | Other ISU linked direct

We support the Government’s decision to keep the NSI Act agnostic of geography or type of actor, so that investments are judged on a case-by case rather than country- 30 Sovereignty for sale: the FCDO’s role in protecting strategic British assets specific basis. The FCDO has a vital role to play in communicating to other parts of government its assessment of the broader strategic intent of foreign governments in their investment decisions, and this information should be a primary consideratio...

Why linked: Foreign Affairs Committee's July 2021 'Sovereignty for sale' conclusion endorsing the regime's geography-agnostic design.

We support the Government’s decision to keep the NSI Act agnostic of geography or type of actor, so that investments are judged on a case-by case rather than country- 30 Sovereignty for sale: the FCDO’s role in protecting strategic British …

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2 Jul 2021 | Statutory Instrument ISU linked direct

The National Security and Investment Act 2021 (Commencement No. 1 and Transitional Provision) Regulations 2021

Why linked: NSI Act 2021 Commencement No. 1 Regulations 2021 — commenced the powers needed to make the operationalising SIs ahead of the substantive regime.

These Regulations bring into force certain provisions of the National Security and Investment Act 2021 (c.25) (“the Act”) and make transitional provision.

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30 Jun 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask Her Majesty's Government whether the Aquind Interconnector proposal will be considered by the national security regime which was established by the National Security and Investment Act 2021, including by (1) the Investment Security Unit, and (2) th

Why linked: June 2021 PQ from Lord West of Spithead on whether Aquind would be considered under the NSI regime.

To ask Her Majesty's Government whether the Aquind Interconnector proposal will be considered by the national security regime which was established by the National Security and Investment Act 2021, including by (1) the Investment Security Unit, and (2) th

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28 May 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government has (a) undertaken a recent review and (b) plans to review any national security implications arising from Chinese-based ownership of £143 billion of UK ass

Why linked: May 2021 PQ on national security implications review under the NSI Act.

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government has (a) undertaken a recent review and (b) plans to review any national security implications arising from Chinese-based ownership of £143 billion of UK ass

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17 May 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps in respect of the reported attempt by China to take over Bacanora Lithium.

Why linked: May 2021 PQ on China's reported attempt to take over Bacanora Lithium — early NSI Act stress test.

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he plans to take steps in respect of the reported attempt by China to take over Bacanora Lithium.

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29 Apr 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the National Security and Investment: Sectors in Scope of the Mandatory Regime, published March 2021, what assessment he has made of the adequacy of the sample s

Why linked: April 2021 PQ on the March 2021 Sectors in Scope consultation.

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to the National Security and Investment: Sectors in Scope of the Mandatory Regime, published March 2021, what assessment he has made of the adequacy of the …

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28 Apr 2021 | Bill stage ISU linked

National Security and Investment Bill

Commons Reason 13:32:00 Motion A Moved by Lord Callanan: That this House do not insist on its Amendments 11 and 15, to which the Commons have disagreed for their Reason 11A. 11A : Because it is appropriate and sufficient for …

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28 Apr 2021 | Bill stage ISU linked

National Security and Investment Bill

Consideration of Lords message Clause 61 Annual report 16:44:00 The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Paul Scully): I beg to move, That this House disagrees with Lords amendments 11B and 11C. The amendments made in …

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28 Apr 2021 | Bill stage ISU linked

National Security and Investment Bill

Commons Reason 21:26:00 Motion A Moved by Lord Callanan: That this House do not insist on its Amendments 11B and 11C, to which the Commons have disagreed for their Reason 11D. 11D: Because it is appropriate and sufficient for oversight …

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27 Apr 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an estimate of the number of notifications his Department will receive under the National Security and Investment regime in response to changes made to the Bill at

Why linked: April 2021 PQ estimating the number of NSI notifications BEIS would receive.

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an estimate of the number of notifications his Department will receive under the National Security and Investment regime in response to changes made to …

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26 Apr 2021 | Bill stage ISU linked

National Security and Investment Bill

Consideration of Lords amendments Clause 4 Consultation and parliamentary procedure 22:44:00 The Parliamentary Under-Secretary of State for Business, Energy and Industrial Strategy (Paul Scully): I beg to move, That this House agrees with Lords amendment 1. Madam Deputy Speaker (Dame …

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22 Apr 2021 | Bill stage ISU linked

National Security and Investment Bill

Third Reading 13:30:00 Motion Moved by Lord Callanan: That the Bill do now pass. The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Callanan) (Con): My Lords, I start by expressing my gratitude to noble Lords …

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15 Apr 2021 | Bill stage ISU linked

National Security and Investment Bill

Report 13:31:00 Clause 3: Statement about exercise of call-in power Amendment 1 Moved by 1: Clause 3, page 3, line 9, at end insert— “( ) details of the circumstances in which the application to an asset of any export …

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25 Mar 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 18 March 2021 to Question 168810, on Parliamentary scrutiny of the proposed Investment Security Unit, on how many occasions since 2016 the BEIS Select Co

Why linked: March 2021 follow-up PQ on Parliamentary scrutiny of the Investment Security Unit.

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 18 March 2021 to Question 168810, on Parliamentary scrutiny of the proposed Investment Security Unit, on how many occasions since 2016 the BEIS …

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18 Mar 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 11 March 2021 to Question 164331 on parliamentary scrutiny of the new Investment Security Unit, under what provisions the Business, Energy and Industrial

Why linked: March 2021 PQ on parliamentary scrutiny of the new Investment Security Unit.

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 11 March 2021 to Question 164331 on parliamentary scrutiny of the new Investment Security Unit, under what provisions the Business, Energy and Industrial

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16 Mar 2021 | Bill stage ISU linked

National Security and Investment Bill

Committee (3rd Day) 14:04:00 Clause 11: Exceptions relating to control of assets Amendment 38 not moved. Amendment 39 Moved by 39: Clause 11, page 7, line 36, at end insert— “(aa) prescribe circumstances which are not to be regarded as …

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12 Mar 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much annual funding his Department provides to the National Security Investment unit within the Department for Business, Energy and Industrial Strategy.

Why linked: March 2021 PQ on annual funding for the Investment Security Unit within BEIS.

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much annual funding his Department provides to the National Security Investment unit within the Department for Business, Energy and Industrial Strategy.

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11 Mar 2021 | Written question Department for Business, Energy & Industrial Strategy linked direct

To ask the Secretary of State for Business, Energy and Industrial Strategy, by what means Parliamentary scrutiny will be carried out of the classified aspects of the work of his Department’s proposed Investment Security Unit.

Why linked: March 2021 PQ on parliamentary scrutiny of classified aspects of the proposed Investment Security Unit.

To ask the Secretary of State for Business, Energy and Industrial Strategy, by what means Parliamentary scrutiny will be carried out of the classified aspects of the work of his Department’s proposed Investment Security Unit.

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9 Mar 2021 | Bill stage ISU linked

National Security and Investment Bill

Committee (2nd Day) 14:31:00 The Deputy Chairman of Committees (Baroness Healy of Primrose Hill) (Lab): My Lords, the hybrid Grand Committee will now begin. Some Members are here in person, respecting social distancing, others are participating remotely, but all Members …

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2 Mar 2021 | Bill stage ISU linked

National Security and Investment Bill

Committee (1st Day) 14:31:00 The Deputy Chairman of Committees (Baroness Healy of Primrose Hill) (Lab): My Lords, the hybrid Grand Committee will now begin. Some Members are here in person, respecting social distancing, others are participating remotely, but all Members …

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1 Mar 2021 | Government response Cabinet Office Department for Business, Energy & Industrial Strategy Department for Energy Security and Net Zero evidence

National Security and Investment: Government Response to the Sectors in Scope of the Mandatory Regime Consultation (March 2021)

Why linked: Filled the "Consultation responses and impact assessments on regulatory scope" gap via web research

The foundational government response to the November 2020 consultation on which sectors and activities fall within the NSI Act's mandatory notification regime, covering all 17 sensitive areas of the economy and setting out revised draft sector definitions ahead of the …

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14 Feb 2021 | Other ISU linked direct

Some commentators have questioned the placement of the ‘Investment Security Unit’ within the Department for Business, Energy and Industrial Strategy, suggesting that it does not have the necessary expertise and knowledge. We are content, however, that the unit will be able to draw on experience across Whitehall. The Ministry of Defence, alongside other departments and agencies, should proactively feed into all relevant assessment processes.

Why linked: February 2021 Committee comment on the placement of the Investment Security Unit within BEIS.

Some commentators have questioned the placement of the ‘Investment Security Unit’ within the Department for Business, Energy and Industrial Strategy, suggesting that it does not have the necessary expertise and knowledge. We are content, however, that the unit will be …

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4 Feb 2021 | Bill stage ISU linked

National Security and Investment Bill

Second Reading 14:13:00 Moved by Lord Callanan: That the Bill be now read a second time. The Parliamentary Under-Secretary of State, Department for Business, Energy and Industrial Strategy (Lord Callanan) (Con): My Lords, this Bill represents a major upgrade to …

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20 Jan 2021 | Bill stage ISU linked

National Security and Investment Bill

[ Relevant d ocument : Oral evidence taken before the Defence Sub-Committee on 14 December 2020 on Foreign Involvement in the Defence Supply Chain, HC 699 .] Consideration of Bill, not amended in the Public Bill Committee New Clause 1 …

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2020

3 events
17 Nov 2020 | Bill stage ISU linked

National Security and Investment Bill

Second Reading. 13:52:00 The Secretary of State for Business, Energy and Industrial Strategy (Alok Sharma): I beg to move, That the Bill be now read a Second time. Our country has always been a beacon for inward investment and a …

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