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Proceeding contribution from Lord Bruce of Bennachie (Liberal Democrat) in the House of Lords on Thursday, 15 April 2021. It occurred during Debate on bill on National Security and Investment Bill.

National Security and Investment Bill

Moved by

Lord Bruce of Bennachie

9: Clause 8, page 6, line 38, at end insert—

“( ) For the purposes of this Act, a person does not gain control of a qualifying entity if the person acquires a right or interest in or in relation to the entity—

(a) solely by way of obtaining security; and

(b) in a situation where they obtain no effective control.”

Secondary information

Type
Proceeding contribution
Reference
811 c1475 
Session
2019-21
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Companies Assets Climate change Annual reports Biodiversity Export controls Government assistance Higher education Intelligence and Security Committee Ministerial powers National security Parliamentary scrutiny Loans Shares Research Takeovers Foreign investment in UK Business, Energy and Industrial Strategy Committee Investment Security Unit
Legislation
National Security and Investment Bill 2019-21
Link
View this Proceeding contribution on hansard.parliament.uk