{
  "url": "https://openlegislation.uk/national-security-act-2023/schedule-13/paragraph-5",
  "json_url": "https://openlegislation.uk/national-security-act-2023/schedule-13/paragraph-5.json",
  "legislation": "ukpga/2023/32",
  "legislation_title": "National Security Act 2023",
  "legislation_url": "https://openlegislation.uk/national-security-act-2023",
  "path": "schedule/13/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "Joint arrangements",
  "text": "(1) If shares or rights held by a foreign power and shares or rights held by another person (whether or not a foreign power) are the subject of a joint arrangement between those persons, each of those persons is to be taken to hold the combined shares or rights of both persons.\n(2) A “joint arrangement” is an arrangement between the holders of shares (or rights) that they will exercise all or substantially all the rights conferred by their respective shares (or rights) jointly in a way that is pre-determined by the arrangement.\n(3) For the meaning of “arrangement”, see paragraph 12.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 13 Pt. 2 applied (with modifications) (1.7.2025) by The National Security Act 2023 (Foreign Activities and Foreign Influence Registration Scheme: Exemptions for Certain Foreign Power Investment Funds, Education, Government Administration and Public Bodies) Regulations 2025 (S.I. 2025/676), regs. 1(2), 2(11); S.I. 2025/674, reg. 2"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 13 para. 5 not in force at Royal Assent, see 100(1)"
    },
    {
      "type": "I",
      "label": "I2",
      "text": "Sch. 13 para. 5 in force at 1.7.2025 by S.I. 2025/674, reg. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2023/32/schedule/13/paragraph/5",
    "retrieved_at": "2026-10-29T08:52:07.318384+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}