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National Security and Investment Act 2021

Consolidated Text As Enacted Cited authorities 67 Cited in Amendments 9 Related
Vincent
JurisdictionUK Non-devolved
Citation2021 c. 25
a trigger event has taken place in relation to a qualifying entity or qualifying asset, and the event has given rise to or may give rise to a risk to national security, orarrangements are in progress or contemplation which, if carried into effect, will result in a trigger event taking place in relation to a qualifying entity or qualifying asset, and the event may give rise to a risk to national security.(2) For the purposes of this Act, in considering whether a trigger event has taken place, or whether arrangements are in progress or contemplation which, if carried into effect, will result in a trigger event taking place, the effect of section 13(1) (notifiable acquisitions that are void) must be disregarded.(3) A notice under subsection (1) is referred to in this Act as a call-in notice.the acquirer,if the trigger event relates to a qualifying entity, the entity, andsuch other persons as the Secretary of State considers appropriate.(5) The call-in notice must include a description of the trigger event to which it relates and state the names of the persons to whom the notice is given.(6) The Secretary of State may not give a call-in notice unless a statement has

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