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National Security and Investment (NSI) Act

The National Security and Investment Act came into force on 4 January 2022.

The Act grants the UK government the right to scrutinise and intervene in certain acquisitions made by anyone, including universities, businesses, and investors, that could harm the UK’s national security. The government will be able to impose certain conditions on acquisitions. In rare instances, the government may unwind or block an acquisition completely. The government can assess acquisitions up to 5 years after they have taken place, however it cannot call in and assess acquisitions completed before 12 November 2020.

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