National Security and Investment Act 2021
The National Security and Investment Act 2021 (“NSIA”) comes into force on 4th January 2022. NSIA gives government the power to scrutinise certain dealings in shares and intellectual property (IP) and to intervene in those dealings where there is a national security concern.
Scrutiny of dealings in shares and IP is exercised using a system of mandatory notifications and government call-ins. Activities deemed a threat to national security could be blocked or curtailed.
Where University research or commercialisation activities involve dealings in shares, intellectual property rights, or the creation/ transfer of investor rights, NSIA could be relevant.
When does Mandatory Notification apply?
How does the government call-in power apply?
Asking for help
University of Edinburgh NSIA Register
Guidance and Further Information
Links to guidance on the NSIA and further information
Russell Group export control practitioners group note on complying with the National Security and Investment Act (University login required)