Get the free National Security and Investment Bill (Fifth sitting) - Hansard

44th PARLIAMENT, 1st SESSIONStanding Committee on Public Safety and National Security EVIDENCE NUMBER 087 Monday, December 4, 2023Chair: Mr. Heath MacDonald1Standing Committee on Public Safety and

How to fill out national security and investment

How to fill out national security and investment

1. Identify the relevant sectors and activities covered by the national security and investment regime.
2. Determine if the transaction falls within the scope of the regime based on the thresholds and triggers set out in the legislation.
3. Submit a notification or application to the relevant regulatory authority providing all necessary information about the transaction and its potential impact on national security.
4. Cooperate with the regulatory authority during the review process and provide any additional information or clarifications as requested.
5. Await a decision from the regulatory authority on whether the transaction can proceed or if any conditions or restrictions will be imposed.

Who needs national security and investment?

1. Businesses involved in sectors deemed sensitive to national security such as defense, critical infrastructure, and technology.
2. Investors looking to acquire or take control of businesses operating in key sectors or critical infrastructure.
3. Government agencies responsible for protecting national security interests and overseeing foreign investment in strategic sectors.

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What is national security and investment?

National security and investment is a government initiative designed to protect national security interests by reviewing and regulating certain investments in critical sectors.

Who is required to file national security and investment?

Certain individuals, entities, or foreign investors looking to make investments in critical sectors may be required to file for national security and investment review.

How to fill out national security and investment?

To fill out national security and investment, individuals or entities must complete the necessary forms and provide all required information about the investment proposal.

What is the purpose of national security and investment?

The purpose of national security and investment is to safeguard critical infrastructure, technologies, and assets from foreign threats which may compromise national security.

What information must be reported on national security and investment?

Information such as details of the investment, entities involved, purpose of the investment, potential national security risks, and any relevant background information may need to be reported.