National Security and Investment Act 2021: statement on the use of the power to call in acquisitions
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.
The National Security and Investment Act requires the Secretary of State to publish a statement explaining how the power to call in acquisitions under the Act is expected to be used.
The statement will help parties to an acquisition to understand whether their acquisition is likely to be called in by the Secretary of State and to plan accordingly.
This consultation seeks views on the draft content of the statement ahead of the final version being laid before Parliament in due course. We expect it to be of interest in particular to:
- businesses
- investors
- the legal community
See the BEIS consultation privacy notice.
Please do not send responses by post to the department at the moment as we may not be able to access them.