New Clause 7: National Security and Investment Bill
New Clause 7 - Reports to the Intelligence and Security Committee of Parliament
(1) The Secretary of State must, in relation to each relevant period—
(a) prepare a report in accordance with this section, and
(b) provide a copy of it to the Intelligence and Security Committee of Parliament as soon as is practicable after the end of that period.
(2) Each report must provide, in respect of mandatory and voluntary notifications, call-in notices, and final orders made under this Act, details of—
(a) the jurisdiction of the acquirer and its incorporation;
(b) the number of state-owned entities and details of states of such entities;
(c) the nature of national security risks posed in transactions for which there were final orders;
(d) details of particular technological or sectoral expertise that were being targeted; and
(e) any other information the Secretary of State may deem instructive on the nature of national security threats uncovered through review undertaken under this Act.”—(Chi Onwurah.)