National Security and Investment Act 2021
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Change 1
5 Meaning of “trigger event” and “acquirer”
(1) For the purposes of this Act, a “trigger event” takes place when— (a) a person gains control of a qualifying entity, as set out in section 8, or (b) a person gains control of a qualifying asset, as set out in section 9. (2) In this Act “acquirer” means the person who gains the control referred to in subsection (1) (or in relation to a trigger event that has not yet taken place, would gain that control).
5 Meaning of “trigger event” and “acquirer”
(1) For the purposes of this Act, a “trigger event” takes place when— (a) a person gains control of a qualifying entity, as set out in section 8, or (b) a person gains control of a qualifying asset, as set out in section 9. (2) In this Act “acquirer” means the person who gains the control referred to in subsection (1) (or in relation to a trigger event that has not yet taken place, would gain that control).
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