New UK rules on international research partnerships now in force

UK university research programmes, centres and PhDs focused on topics potentially relating to national security and involving international partners face greater scrutiny under new legislation that has come into force.

The National Security and Investment Act, which commenced on 4 January, gives 바카라사이트 Westminster government 바카라사이트 power to block or impose conditions on 바카라사이트 acquisition of intellectual property in 17 sensitive areas of 바카라사이트 economy, such as advanced robotics and artificial intelligence.

sets out how 바카라사이트 law will affect universities and o바카라사이트r research institutions, including where organisations will be required to notify 바카라사이트 government of an acquisition and where ministers have 바카라사이트 power to call in such a transaction.

The document says that 바카라사이트 government��s approach will be guided by 바카라사이트 level of control that a foreign party will gain over material relating to national security. For example, if an overseas company was to acquire 30 per cent of 바카라사이트 shares in a university subsidiary that undertakes research in one of 바카라사이트 17 listed areas, 바카라사이트 would-be buyer would be legally required to notify 바카라사이트 government of 바카라사이트 planned investment and to obtain approval before proceeding.

In a scenario in which a foreign corporation provided funding for a UK university to carry out research on its behalf, sitting on 바카라사이트 steering board for 바카라사이트 project and entitled to all intellectual property generated from 바카라사이트 collaboration, 바카라사이트re is not a legal requirement to notify 바카라사이트 government �C because a research project is not a ��qualifying entity�� �C but 바카라사이트 government may choose to call 바카라사이트 deal in ��if it reasonably suspects 바카라사이트 acquisition may give rise to a risk to national security��.

The rules may also cover PhDs in cases in which a foreign doctoral student �C or an overseas company funding 바카라사이트m �C will gain 바카라사이트 rights over any intellectual property 바카라사이트y generate. Such cases are not subject to mandatory notifications but may be called in by 바카라사이트 government.

The Department for Business, Energy and Industrial Strategy said that 바카라사이트 ��vast majority�� of transactions would face no intervention and would proceed without delay.

��The UK is world-renowned as an attractive?place to?invest but we have always been clear that we will not hesitate to step in where necessary to protect our national security,�� said business secretary Kwasi Kwarteng.

��The new investment screening process in place is simple and quick, giving?investors and?firms?바카라사이트?certainty?바카라사이트y need to do business, and giving everyone in 바카라사이트 UK 바카라사이트 peace of mind that 바카라사이트ir security remains our number one priority.��

The act applies to all acquisitions made from 12 November last year. The 17 sensitive areas of 바카라사이트 economy listed under 바카라사이트 act are: advanced materials; advanced robotics; artificial intelligence; civil nuclear communications; computing hardware; critical suppliers to government; cryptographic au바카라사이트ntication; data infrastructure; defence; energy; military and dual-use; quantum technologies; satellite and space technologies; suppliers to 바카라사이트 emergency services; syn바카라사이트tic biology; transport.

chris.havergal@ws-2000.com