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1546893
registered interest false more like this
date less than 2022-11-30more like thismore than 2022-11-30
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Newport Wafer Fab: Nexperia more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he considered evidence (a) that the UK and Welsh Governments (i) were aware in advance of and (ii) raised no objections to the acquisition of Newport Wafer Fab by Nexperia and (b) of the level of investment by Nexperia into the Water Fab since its acquisition when making his decision on divestment. more like this
tabling member constituency Newport West more like this
tabling member printed
Ruth Jones more like this
uin 99989 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-12-14more like thismore than 2022-12-14
answer text <p>The National Security and Investment Act was not in force when the original acquisition took place in 2021. The Secretary of State used retrospective powers to call-in and assess the acquisition under the Act. The Secretary of State takes decisions under the Act in a quasi-judicial capacity, based on the facts and evidence presented to him. The Act only allows the Secretary of State to make a Final Order to prevent, remedy or mitigate risks to national security, and not for wider political or economic reasons. As you’d expect, I’m unable to comment on the details of national security assessments.</p> more like this
answering member constituency Wealden more like this
answering member printed Ms Nusrat Ghani more like this
question first answered
less than 2022-12-14T16:25:29.717Zmore like thismore than 2022-12-14T16:25:29.717Z
answering member
4460
label Biography information for Ms Nusrat Ghani more like this
tabling member
4716
label Biography information for Ruth Jones remove filter