09/16/2024 | News release | Distributed by Public on 09/16/2024 04:32
On 10 September 2024, the government published its Annual Report for 2023-2024 (the Report) on the National Security and Investment Act 2021 (NSIA). The Report concerns the period from 1 April 2023 to 31 March 2024 and is a rare source of information about the operation of the NSIA. Businesses and their advisers can use the Report to help understand the potential impact of the NSIA on their intended transactions.
This is the third Annual Report on the operation of the NSIA. This latest Report and the previous NSIA Annual Report suggest the following possible trends: