Understanding the National Security and Investment Act 2021

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The National Security and Investment Act 2021 (NSIA), together with the relevant regulations made under it, came into force on 4 January 2022, says Edward Craft, partner at Wedlake Bell LLP.  This legislation was one of the most notable achievements of Theresa May who introduced and sponsored this project when Home Secretary, then later as Prime Minister. Controversies over 5G and new nuclear had put the issues of inward investment into critical infrastructure onto the front pages. The legislation itself was made under Mrs May's successor and received Royal Assent on 29 April 2021. ...

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