Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many notifiable acquisition applications under the National Security and Investment Act 2021 have been made since 4 January 2022.
The Government published the National Security and Investment Act’s first Annual Report on 16 June 2022. This report covers the first 3 months of the system operating from 4 January 2022 to 31 March 2022. The report states that, in this period, the Investment Security Unit received a total of 196 mandatory notifications. The 2023 Annual Report will provide data on notifications received in the period 1 April 2022 to 31 March 2023.