The important distinction here is first instance versus.... I think we're potentially confusing two different concepts. One is whether you can unwind a transaction at first instance before your national security or foreign direct investment review. There is that capability under the ICA, under CFIUS and under the U.K. act.
What CFIUS, the U.K. and Canada do not allow is a second hearing under the ICA to come to a different determination. Subsequent transactions, new transactions and transactions that build off previous transactions are all eligible for further national security review.
What is not possible is to go back to a determination of the ICA if it's already been heard at first instance. That's true for both CFIUS and the U.K. regime.
