8 Control of entities
National Security and Investment Act 2021 (2021 c 25) | Legislation

8  Control of entities

(1)     For the purposes of this Act, a person gains control of a qualifying entity if the person acquires a right or interest in, or in relation to, the entity and as a result one or more of the cases described in this section arises.

(2)     The first case is where the percentage of the shares that the person holds in the entity increases—

(a)     from 25% or less to more than 25%,

(b)     from 50% or less to more than 50%, or

(c)     from less than 75% to 75% or more.

(3)     In subsection (2), the reference to holding a percentage of shares is—

(a)     in the case of an entity that has a share capital, to holding shares comprised in

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