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Brief
Summary:
The National Security and Investment Act 2021 is a far-reaching legislation that applies to various sectors, including technology and cybersecurity, energy and infrastructure, and pharmaceuticals. The act introduces strict scrutiny, due diligence, and increased risk mitigation measures to protect national security. Companies in these sectors will need to adjust to a new regulatory landscape, engage in more rigorous due diligence, and prepare for potential investment delays. Overall, the act aims to safeguard national interests, but businesses must be diligent in complying with its provisions.
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