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EnactedRoyal Assentc. 25

National Security and Investment Act 2021

Bill 2801Commons originatingintroduced 11 Nov 2020
This bill became lawView the statute on acthub →c. 25 · 29 Apr 2021

Bill texts 9

  • Bill 210 2019-21, as introducedBill · 11 Nov 2020download soon
  • Bill 210 2019-21, as introduced - large printBill · 11 Nov 2020download soon
  • HL Bill 165 (as introduced)Bill · 20 Jan 2021download soon
  • HL Bill 183 (as amended in Committee)Bill · 16 Mar 2021 · 1 file · 273 KBdownload soon
  • HL Bill 191 (as amended on Report)Bill · 15 Apr 2021 · 1 file · 274 KBdownload soon
  • Bill 291 2019-21 (Lords Amendments to the Bill)Bill · 23 Apr 2021download soon
  • HL Bill 195 Commons reasonBill · 27 Apr 2021 · 1 file · 82 KBdownload soon
  • HL Bill 199 Commons reasonBill · 28 Apr 2021 · 1 file · 86 KBdownload soon
  • Bill 298 2019-21 - Lords Non-Insistence and Amendments in LieuBill · 28 Apr 2021download soon

Amendments 40

Committee stage — Lords 20

NotMovedClause 5AddClauseOrSchedule

Insert the following new Clause— “National security definition

Moved: Baroness Hayter of Kentish TownSponsor: Baroness Bennett of Manor Castle#86844
NotMovedClause 3EditBillBody

at end insert— When considering details of sectors for the purposes of subsection (3)(a), the Secretary of State must consider the current and future domestic capacity in such sectors, having regard to—

Moved: Lord Grantchester#86847
WithdrawnClause 1EditBillBody

after “security” insert “, including public order and public safety”

Moved: Baroness Hayter of Kentish Town#86874
WithdrawnClause 4EditBillBody

at end insert— If either House of Parliament resolves not to approve the statement under subsection (2), the Secretary of State may publish a new statement making any changes which appear to the Secretary of State to be necessary in view of the debates in either House of Parliament.

Moved: Lord Lansley#86893
WithdrawnClause 1EditBillBody

at end insert— For the purposes of this Act, the following shall not be taken into account when considering whether a trigger event may give rise to a risk to national security—

Moved: Baroness McIntosh of PickeringSponsor: Lord Hodgson of Astley Abbotts, Lord Clement-Jones#86905
NotMovedClause 1EditBillBody

leave out “or contemplation”

Moved: Lord Leigh of HurleySponsor: Lord Vaizey of Didcot#86936
WithdrawnClause 1EditBillBody

leave out “or contemplation”

Moved: Lord Leigh of HurleySponsor: Lord Vaizey of Didcot#86937
WithdrawnClause 2EditBillBody

leave out “5” and insert “2”

Moved: Lord Hodgson of Astley AbbottsSponsor: Lord Clement-Jones#86993
WithdrawnClause 1EditBillBody

leave out “void” and insert “voidable”

Moved: Lord Vaizey of DidcotSponsor: Lord Bilimoria#87028
NotMovedClause 6EditBillBody

at end insert “foreign”

Moved: Lord Vaizey of Didcot#87039
NotMovedClause 6EditBillBody

after “the” insert “foreign”

Moved: Lord Vaizey of Didcot#87040
NotMovedClause 6EditBillBody

after first “a” insert “foreign”

Moved: Lord Vaizey of Didcot#87041
WithdrawnClause 6EditBillBody

after “a” insert “foreign”

Moved: Lord Vaizey of Didcot#87042
NotMovedClause 3EditBillBody

at end insert— the steps that the Secretary of State has taken—

Moved: Lord Vaizey of DidcotSponsor: Lord Clement-Jones#87043
NotMovedClause 2EditBillBody

at end insert— In this section, the Secretary of State is to be regarded as becoming aware of a trigger event if the trigger event has been made public, as a result of being so publicised as to be generally known or readily ascertainable.”

Moved: Lord LansleySponsor: Lord Bilimoria#87045
WithdrawnClause 1AddClauseOrSchedule

Insert the following new Clause— “Objective of this Act

Moved: Lord FoxSponsor: Lord Clement-Jones#87046
AgreedClause 4EditBillBody

leave out “requirement in subsection (1)(a)” and insert “requirements in subsection (1)(a) and (b)”

Moved: Lord Callanan#87118
NotMovedClause 6EditBillBody

leave out “15% to 15%” and insert “25% to 25%”

Moved: Lord Leigh of HurleySponsor: Lord Bilimoria, Lord Clement-Jones#87123
WithdrawnClause 6EditBillBody

after “may” insert “following consultation with relevant stakeholders”

Moved: Baroness McIntosh of PickeringSponsor: Lord Bruce of Bennachie#87129
WithdrawnClause 6EditBillBody

leave out paragraph (b)

Moved: Baroness Hayter of Kentish Town#87241

Report stage — Lords 20

WithdrawnClause 6EditBillBody

at end insert— In making regulations for the purposes of this section the Secretary of State must have regard to the risk to national security posed by climate change and to the role of qualifying entities and assets in mitigating that risk.”

Moved: Lord FoxSponsor: Lord Clement-Jones, Lord Grantchester, Baroness Bennett of Manor Castle#87342
NotMovedClause 14EditBillBody

leave out “as soon as practicable” and insert “within 5 working days”

Moved: Baroness NoakesSponsor: Lord Hodgson of Astley Abbotts, Lord Clement-Jones#87374
NotMovedClause 18EditBillBody

leave out from “which” to “but” in line 8 and insert “a notice under subsection (2) is received by the Secretary of State”

Moved: Lord LansleySponsor: Baroness Noakes, Lord Fox#87375
WithdrawnClause 6EditBillBody

leave out “or (6)” and insert insert “, (6) or (8)”

Moved: Lord Lansley#87376
WithdrawnClause 3EditBillBody

at end insert— details of the circumstances in which the application to an asset of any export control, transfer control, technical assistance control or trade control imposed under the Export Control Act 2002 and related provisions may affect the Secretary of State’s exercise of the power to give a call-in notice, and”

Moved: Lord Lansley#87377
WithdrawnClause 14EditBillBody

leave out “as soon as practicable” and insert “within 5 working days”

Moved: Baroness NoakesSponsor: Lord Hodgson of Astley Abbotts, Lord Clement-Jones#87384
NotMovedClause 30EditBillBody

at end insert— Financial assistance may include compensation to any person who has suffered economic harm as a result of actions taken under this Act.”

Moved: Lord Hodgson of Astley AbbottsSponsor: Baroness Noakes, Lord Clement-Jones#87386
WithdrawnClause 30EditBillBody

after “may,” insert “if he or she considers that there is a risk to national security and”

Moved: Baroness NoakesSponsor: Lord Hodgson of Astley Abbotts, Lord Fox#87387
NotMovedClause 30EditBillBody

leave out from “indemnities” to end of line 7

Moved: Baroness NoakesSponsor: Lord Hodgson of Astley Abbotts, Lord Fox#87388
NotMovedClause 30EditBillBody

at end insert— Financial assistance must be provided on arm’s length terms.”

Moved: Baroness NoakesSponsor: Lord Hodgson of Astley Abbotts, Lord Fox#87389
NotMovedClause 8EditBillBody

leave out lines 20 to 22 and insert “enable the person to secure or prevent the passage of any resolution in respect of any matter governing the affairs of the entity that is equivalent to a matter that can be passed by way of ordinary resolution or special resolution under the Companies Act 2006.”

Moved: Lord Hodgson of Astley Abbotts#87391
AgreedClause 14EditBillBody

leave out paragraph (b)

Moved: Lord Callanan#87403
AgreedClause 6EditBillBody

leave out subsection (8)

Moved: Lord Callanan#87404
AgreedClause 6EditBillBody

leave out from “14(1)” to “would” in line 23

Moved: Lord Callanan#87405
AgreedClause 6EditBillBody

leave out paragraph (b)

Moved: Lord Callanan#87406
WithdrawnClause 8EditBillBody

at end insert— For the purposes of this Act, a person does not gain control of a qualifying entity if the person acquires a right or interest in or in relation to the entity—

Moved: Lord Bruce of BennachieSponsor: Baroness McIntosh of Pickering#87409
NotMovedClause 30EditBillBody

leave out subsections (3) to (5)

Moved: Baroness Bennett of Manor Castle#87410
NotMovedClause 30EditBillBody

at end insert— Regulations under subsection (1) are subject to the affirmative procedure.”

Moved: Baroness Bennett of Manor Castle#87411
WithdrawnClause 30EditBillBody

leave out “, with the consent of the Treasury,” and insert “by regulations”

Moved: Baroness Bennett of Manor Castle#87412
WithdrawnClause 6EditBillBody

After “climate change” insert “and biodiversity loss”

Moved: Baroness Bennett of Manor Castle#87415