Member

I can understand that, even though the scenario we looked at initially of multiple countries getting together and each seeking to acquire a 15% stake was perhaps far-fetched, it was not entirely implausible, and it is right that we have acted to make sure that the Government close that loophole. I can see that this approach they are taking of carving out holdings of 5% or less in quoted companies reduces the risk further, but perhaps the Minister can say just a little bit more about the work that has been done by the Government to make sure that even the very remote possibility of foreign state investors seeking to circumvent these rules has been ruled out, to the extent it can be.