Linked Data API

Show Search Form

Search Results

1663694
registered interest false more like this
date less than 2023-10-13more like thismore than 2023-10-13
answering body
Cabinet Office more like this
answering dept id 53 more like this
answering dept short name Cabinet Office remove filter
answering dept sort name Cabinet Office more like this
hansard heading National Security and Investment Act 2021 more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Minister for the Cabinet Office, how often action has been taken against third parties under the National Security and Investment Act 2021 in the last two years. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 201547 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-10-18more like thismore than 2023-10-18
answer text <p>The Government has powers under the National Security and Investment Act 2021 (NSIA) to scrutinise and, where necessary, intervene in acquisitions of control over entities and assets in or linked to the UK that may pose national security risks. We will not hesitate to use our powers to protect national security where we identify concerns.</p><p>The National Security and Investment Act Annual Report 2022-23 shows that in the period April 2022- March 2023, 65 cases were called in for scrutiny and 15 final orders were made. 2 final orders have been made since March 2023.</p><p>The 2022 Annual Report, covering January 2022 to March 2022, shows that over that time period 17 acquisitions were called in for scrutiny and no final orders were made.</p><p>In both reporting periods, no penalties were issued, and no criminal penalties were sought.</p><p>Figures for the financial year 2023-24 will be published in the next Annual Report.</p><p> </p> more like this
answering member constituency Wealden more like this
answering member printed Ms Nusrat Ghani more like this
question first answered
remove filter
answering member
4460
label Biography information for Ms Nusrat Ghani more like this
tabling member
1409
label Biography information for Mr Gregory Campbell more like this