Extended Investment Screening And New Deadlines For Case Processing

The Danish Parliament has passed an amendment to the Investment Screening Act that extends the scope of the screening programme to include contracts relating to the North Sea Energy Island and changes the Danish Business Authority's investment screening process and deadlines. In addition, the Danish Business Authority has published new notification and application forms.

Extension of the scope of the Investment Screening Act

The Amendment Act, effective as of 1 July 2023, extends the scope of the Investment Screening Act to specifically include contracts relating to the establishment, co-ownership and operation of the North Sea Energy Island. In contrast to the current screening programmes, the screening programme for the North Sea Energy Island extends to all contracting parties, including Danish contracting parties.