The National Security and Investment Act 2021 (Notifiable Acquisition) (Specification of Qualifying Entities) Regulations 2021

Activity – ports and harbours

This section has no associated Explanatory Memorandum

2.  A qualifying entity carrying on activities that consist of or include—

(a)owning or operating a port or harbour in the United Kingdom that handled 1 million tonnes or more of cargo as recorded in the Port Freight Annual Statistics(1) published by the Department for Transport, in the year preceding the year in which the acquisition is due to be completed; or

(b)owning and operating terminals, wharves or other infrastructure situated in a port or harbour described in sub-paragraph (a).

(1)

The Port Freight Annual Statistics are collected by the Department for Transport under S.I. 1997/2330 and is published on https://www.gov.uk/search/research-and-statistics under ‘Port Freight Annual Statistics’.