Active 36 of 135 events
Threads / National Security and Investment Act Regulations / Timeline
Lifecycle stage Implementation
1,041 days in stage

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.

Log in for AI briefing
Showing 36 of 135 signals
Sort Latest first Oldest first
Family 1
Signal
Year
Body
Role
Clear all
Family: Legislative record

2023

2 events
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

2022

1 event
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

32 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
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View document · ↗ GOV.UK · ↓ Download transcript (text)
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.

▤ View document · ↗ GOV.UK
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament
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 …

▤ View Bill · ↗ Parliament

2020

1 event
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 …

▤ View Bill · ↗ Parliament