Background: Overview of the National Security and Investment Regime National security assessment
The Secretary of State may give a call-in notice in respect of a trigger event that has taken place or is in progress or contemplation. The notice may be given up to 5 years after the trigger event took place, subject to this being done within 6 months of the Secretary of State becoming aware of the trigger event. While a trigger event is being assessed, the Secretary of State will be able to impose interim remedies in order to ensure that the effectiveness of the national security assessment or subsequent remedies is not prejudiced by action taken by the parties. For example, the Secretary of State might prohibit activities which would result in the integration of two businesses, or act to safeguard assets, until the national security assessment is complete.
	To facilitate assessments, the Secretary of State will have powers for gathering information. There will be safeguards on the use and disclosure of such information.
	If, following an assessment, the Secretary of State determines that a risk to national security has arisen or would arise from the trigger event, the Secretary of State has the power to impose proportionate remedies in a final order to prevent, remedy or mitigate that risk. Breach of any requirement in a final order may lead to a civil or criminal sanction.
	Civil and criminal sanctions will also be available in the event of non-compliance with interim orders and information requests.
	Decisions under the Act will be subject to judicial review or appeal. The Government will be able to apply for a closed material procedure to protect sensitive matters in these proceedings.