National Security and Investment Act

The National Security and Investment Act 2021 introduces powers for the Government to scrutinise certain transactions and investments, where the Government feels it poses a potential or actual risk to the country’s national security interests.

The National Security and Investment Act 2021 (the “Act”) is a new piece of legislation creating obligations when acquiring rights over an entity, land or other asset, including intellectual property.

As a responsible institution, mindful of its charitable status, the University takes legal compliance very seriously. Compliance with the Act is not optional.

The University has a legal obligation to notify Government of proposed transactions in certain circumstances. There are no exceptions to compliance and criminal sanctions for non-compliance.

The focus of the Act is on transactions in one of the following 17 sensitive sectors of the economy:

  • Advanced materials
  • Advanced Robotics
  • Artificial Intelligence
  • Civil nuclear
  • Communications
  • Computing Hardware
  • Critical suppliers to Government
  • Cryptographic Authentication
  • Data infrastructure
  • Defence
  • Energy
  • Military and Dual Use (see also Export Controls)
  • Quantum Technologies
  • Satellite and Space Technologies
  • Suppliers to the Emergency Services
  • Synthetic Biology
  • Transport