National Security and Investment Act 2021
National Security and Investment Act 2021 (2021 c. 25)
- National Security and Investment Act 2021 (2021 c. 25)
- PART 1 Call-in for national security
- CHAPTER 1 Call-in power
- 1 Call-in notice for national security purposes
- 2 Further provision about call-in notices
- 3 Statement about exercise of call-in power
- 4 Consultation and parliamentary procedure
- CHAPTER 2 Interpretation
- 5 Meaning of “trigger event” and “acquirer”
- 6 Notifiable acquisitions
- 7 Qualifying entities and assets
- 8 Control of entities
- 9 Control of assets
- 10 Holding and acquiring interests and rights: supplementary
- 11 Exceptions relating to control of assets
- 12 Trigger events: supplementary
- CHAPTER 3 Approval of notifiable acquisition
- 13 Approval of notifiable acquisition
- CHAPTER 4 Procedure
- Procedure in respect of notifiable acquisition
- 14 Mandatory notification procedure
- 15 Requirement to consider retrospective validation without application
- 16 Application for retrospective validation of notifiable acquisition
- 17 Retrospective validation of notifiable acquisition following call-in
- Voluntary notification of trigger event
- 18 Voluntary notification procedure
- Information, etc
- 19 Power to require information
- 20 Attendance of witnesses
- 21 Information notices and attendance notices: persons outside the UK
- 22 False or misleading information
- PART 2 Remedies
- Assessment period
- 23 Meaning of “assessment period”
- 24 Effect of information notice and attendance notice
- Interim and final orders
- 25 Interim orders
- 26 Final orders and final notifications
- 27 Review, variation and revocation of orders
- 28 Orders: supplementary
- 29 Publication of notice of final order
- Financial assistance
- 30 Financial assistance
- CMA functions
- 31 Interaction with CMA functions under Part 3 of Enterprise Act 2002
- PART 3 Enforcement and Appeals
- Offences
- 32 Offence of completing notifiable acquisition without approval
- 33 Offence of failing to comply with order
- 34 Offences: information and attendance of witnesses
- 35 Offences in relation to sharing information
- 36 Offences by bodies corporate etc
- Prosecution and penalties
- 37 Prosecution
- 38 Proceedings against partnerships etc
- 39 Offences: penalties
- Civil sanctions
- 40 Power to impose monetary penalties
- 41 Permitted maximum penalties
- 42 Review, variation and revocation of monetary penalties
- 43 Monetary penalties: criminal proceedings and convictions
- 44 Recovering penalties
- 45 Monetary penalties: cost recovery
- 46 Review, variation and revocation of cost recovery notice
- 47 Enforcement of cost recovery notice
- Civil proceedings
- 48 Enforcement through civil proceedings
- Judicial review and appeals
- 49 Procedure for judicial review of certain decisions
- 50 Appeals against monetary penalties
- 51 Appeals against costs
- Territorial application
- 52 Extra-territorial application and jurisdiction to try offences
- PART 4 Miscellaneous
- Administrative requirements
- 53 Procedure for service, etc
- Information gateways
- 54 Disclosure of information
- 55 Disclosure of information held by HMRC
- CMA information
- 56 Duty of CMA to provide information and assistance
- Data protection
- 57 Data protection
- Minor amendments, etc
- 58 Minor and consequential amendments and revocations
- Disclosure of information under the Enterprise Act 2002
- 59 Overseas information disclosure
- Defamation
- 60 Defamation
- Annual report
- 61 Annual report
- PART 5 Final provisions
- 62 Transitional and saving provision in relation to the Enterprise Act 2002
- 63 Regulations under this Act
- 64 Financial provision
- 65 Interpretation
- 66 Short title, commencement and extent
- SCHEDULES
- SCHEDULE 1 Trigger events: holding of interests and rights
- Joint interests
- Joint arrangements
- Indirect holdings
- Interests held by nominees
- Rights treated as held by person who controls their exercise
- Rights exercisable only in certain circumstances etc
- Rights attached to shares held by way of security
- Connected persons
- Common purpose
- Arrangements
- SCHEDULE 2 Minor and consequential amendments and revocations
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