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UK Law Reference
All sections of National Security and Investment Act 2021
2021 c. 25, s.46

Section 46 — Review, variation and revocation of cost recovery notice

This version in force from 2022-01-04

Snapshot: 2026-08-24

Reproduced from legislation.gov.uk (Crown Copyright, Open Government Licence v3.0). Amendments made after 2026-08-24 may not be reflected — always check the official text .

(1) The Secretary of State must keep a cost recovery notice under review and may vary or revoke it as the Secretary of State considers appropriate.

(2) If a cost recovery notice is revoked under this section, the Secretary of State must, as soon as practicable, give a notice to the person to whom the cost recovery notice was given.

(3) If the costs, or the period within which the costs are to be paid, is varied under this section, the Secretary of State must, as soon as practicable, give a notice to the person to whom the cost recovery notice was given which—

(a) states the variation and the reasons for the variation,

(b) includes information about rights of appeal and consequences of non-payment.

(4) A notice under subsection (3) is referred to in this Act as a cost variation notice.