National security and investment bill receives royal assent
By EsqSocial Corporation 30/04/21
On 29 April 2021, the National Security and Investment Act 2021 (the Act) received royal assent. The Act dramatically expands the UK Government’s powers to scrutinise investments. The regime that the Act puts in place has not yet commenced, but, upon commencement, will have retrospective effect, as the UK Government will have the ability in certain circumstances to call-in relevant transactions that did not complete before 12 November 2020....
By: Allen & Overy LLP