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National Security and Investment Act - statement for the purposes of section 3

21 May 2024

Proposing MP
Hertsmere
Type
Written Ministerial Statement
Department
Cabinet Office

At a Glance

Issue Summary

The Minister Oliver Dowden has published an updated section 3 statement and guidance under the National Security and Investment Act to enhance understanding of the risks addressed by the Act.

Action Requested

Oliver Dowden has fulfilled his commitment by laying an amended section 3 statement before Parliament and publishing updates to the existing market guidance on Gov.uk. He will place a copy of the updated NSI statement in the Libraries of the Houses.

Key Facts

  • The updated section 3 statement was published today.
  • Previous version of the section 3 statement was published in November 2021.
  • Guidance updates include additional information for higher education institutions and new guidance on Outward Direct Investment.
Assessment & feedback
Summary accuracy