This consultation is part of the government’s reform of its powers to scrutinise and intervene in business transactions to protect national security.
We are consulting on which sectors, and which parts of each sector, should be included within scope of the ‘mandatory regime’ set out in the National Security and Investment Bill. This will require acquirers making investments in those sectors to notify and receive approval from government before completing certain types of transactions.
The consultation sets out the government’s proposed definitions for the types of entity within each sector that could come under the Bill’s mandatory regime. Your feedback will inform the ultimate definitions and policy decisions that the government will bring forward into secondary legislation.
Please read the consultation document in conjunction with the National Security and Investment Bill.
See the BEIS consultation privacy notice.
Please do not send responses by post to the department at the moment as we may not be able to access them.