# National Security and Investment Act 2021, Section 5: Meaning of “trigger event” and “acquirer”


(1) For the purposes of this Act, a “trigger event” takes place when—
(a) a person gains control of a qualifying entity, as set out in section 8, or
(b) a person gains control of a qualifying asset, as set out in section 9.
(2) In this Act “acquirer” means the person who gains the control referred to in subsection (1) (or in relation to a trigger event that has not yet taken place, would gain that control).

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Source: https://www.legislation.gov.uk/ukpga/2021/25/section/5 (the official version)
Page: https://openlegislation.uk/national-security-and-investment-act-2021/section-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.