Foreign Investment in UK: Exemptions
Lords · Question HL369 · Tabled 25 Jul 2024 · Department for Culture, Media and Sport · Official record
Answered 6 Aug 2024
Question
Asked by Baroness Stowell of Beeston
To ask His Majesty's Government when they plan to make regulations under Schedule 7 to the Digital Markets, Competition and Consumers Act 2024 to provide limited exemptions for permissible investment funds associated with foreign powers, and other associa
Answer
Answered by Baroness Twycross, 6 Aug 2024
The previous government launched a technical consultation on The Enterprise Act 2002 (Mergers Involving Newspaper Enterprises and Foreign Powers) Regulations 2024, which ran from 9 May to 9 July. We will respond to the consultation in due course.