National security and infrastructure investment review - consultation on Green Paper
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The Dept for Business, Energy and Industrial Strategy has published a green paper. They say, "We're seeking views on how government can best ensure that investments and takeovers do not raise national security concerns".
Further, "Part 1 - In the short term, we propose to amend the turnover threshold and share of supply tests within the Enterprise Act 2002. This is to allow government to examine and potentially intervene in mergers that currently fall outside the thresholds in 2 areas:
the dual use and military use sector
parts of the advanced technology sector"
The short term proposals to be commented on by 14 Nov longer term 9 Jan 18.
“This is the result of the government’s review of the Enterprise Act 2002 and its powers in relation to foreign investment and national security. It sets out the approach the government proposes to take in both the short and long term. We will use your responses to the green paper to develop these proposals further. It is split into 2 parts” (short term and longer term)
Added: 26th October 2017