✓ Passed into LawLords

UK Parliament · Bill

National Security and Investment Act 2021

Summary

The Act lets the UK government review and block takeovers or investments in sensitive sectors if they pose a national security risk. It gives authorities power to examine who is buying into British companies in areas like defence, energy, and technology to prevent hostile foreign control.

A vote to support means

  • Supporting this Act means believing the government needs stronger powers to protect the UK from foreign threats to important industries like defence, energy, and technology. Supporters argue it helps prevent hostile countries or organisations from secretly buying control of sensitive British businesses that could harm national security.

A vote to oppose means

  • Critics worry the Act gives government too much power to block business deals with little transparency or clear rules. They're concerned it could discourage foreign investment in the UK, harm the economy, and that people affected by decisions won't have enough right to challenge them.

Cast Your Vote

People's Vote0 votes
0% Support · 00% Oppose · 0
Parliament's Vote627 MPs
57% Ayes · 35843% Noes · 269

Bill Passage

Commons

  • 1st reading11 Nov 2020
  • 2nd reading17 Nov 2020
  • Committee stage24 Nov 2020
  • Report stage20 Jan 2021
  • 3rd reading20 Jan 2021

Lords

  • 1st reading20 Jan 2021
  • 2nd reading4 Feb 2021
  • Committee stage2 Mar 2021
  • Report stage15 Apr 2021
  • 3rd reading22 Apr 2021
Royal Assent29 Apr 2021
Full Bill Description(click to expand)

No description available