23 Meaning of “assessment period”
National Security and Investment Act 2021 (2021 c 25) | Legislation

Part 2 Remedies

Assessment period

23  Meaning of “assessment period”

(1)     This section defines “assessment period” in relation to a call-in notice.

(2)     The assessment period begins with the day on which the call-in notice is given to the acquirer.

(3)     In this section—

(a)     “the initial period” is the period of 30 working days beginning with the day mentioned in subsection (2),

(b)     “the additional period” is the period of 45 working days beginning with the first working day after the day on which the initial period ends,

(c)     a “voluntary period” is such period of working days, beginning with the first working

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