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Investment Security Unit: Parliamentary Scrutiny

Question for Department for Business, Energy and Industrial Strategy

UIN 124158, tabled on 16 January 2023

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has taken steps to ensure that (a) reviews and (b) interventions made by the Investment Security Unit under the National Security and Investment Act are subject to parliamentary scrutiny.

This answer is the replacement for a previous holding answer.

Answered on

20 January 2023

Transparency and accountability to Parliament are fundamental parts of effective government. The Secretary of State for Business, Energy and Industrial Strategy is therefore considering a Memorandum of Understanding regarding scrutiny of his use of the National Security and Investment Act 2021 with the BEIS Select Committee.

Answered by

Department for Business, Energy and Industrial Strategy
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The Member has declared that they have interests which may be relevant to the subject matter of this question.