The National Security and Investment Act 2021 (Commencement No. 1 and Transitional Provision) Regulations 2021

• Citation: S.I. 2021/788
• Sections: 3

Section 1 Citation

These Regulations may be cited as the National Security and Investment Act 2021 (Commencement No. 1 and Transitional Provision) Regulations 2021.

Section 2 Provisions coming into force on 1st July 2021

The following provisions of the National Security and Investment Act 2021 come into force on 1st July 2021—

(a) sections 3 and 4 (statement about exercise of call-in power);

(b) section 6(2) to (8) (relating to the power to make notifiable acquisition regulations);

(c) section 41(9) (relating to the power to make regulations for the purpose of determining the turnover of a business);

(d) section 53(2) and (3) (relating to the power to make regulations for the procedure for service); and

(e) section 59 (overseas information disclosure).

Section 3 Transitional provision in respect of overseas information disclosure under Part 9 of the Enterprise Act 2002

The amendment made to section 243(3)(d) of the Enterprise Act 2002 by section 59 of the National Security and Investment Act 2021 applies only to information which comes to a public authority on or after 1st July 2021 in connection with an investigation under Part 3 of the Enterprise Act 2002.