{
  "url": "https://openlegislation.uk/national-security-and-investment-act-2021/schedule-1/paragraph-5",
  "json_url": "https://openlegislation.uk/national-security-and-investment-act-2021/schedule-1/paragraph-5.json",
  "legislation": "ukpga/2021/25",
  "legislation_title": "National Security and Investment Act 2021",
  "legislation_url": "https://openlegislation.uk/national-security-and-investment-act-2021",
  "path": "schedule/1/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) Where a person controls a right, the right is to be treated as held by that person (and not by the person who in fact holds the right, unless that person also controls it).\n(2) A person “controls” a right if, by virtue of any arrangement between that person and others, the right is exercisable only—\n(a) by that person,\n(b) in accordance with that person's directions or instructions, or\n(c) with that person's consent or concurrence.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 1 para. 5 in force at 4.1.2022 by S.I. 2021/1465, regs. 2, 3 (with regs. 4, 5)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2021/25/schedule/1/paragraph/5",
    "retrieved_at": "2026-10-29T08:58:12.956043+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."
}