Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, with reference to the written statement of 18 April 2024 on Economic Security, HCWS415, if he will make an assessment of the potential merits of targeted exemptions from the mandatory notification requirements of the National Security and Investment Act 2021.

The National Security and Investment (NSI) Act has an important role to play in ensuring businesses in the UK can thrive and access vital investment without compromising our national security. We are therefore considering the responses to the previous Government’s Call for Evidence and reflecting on our own experiences of making decisions in the NSI system over the past six months.