Foreign Acquisitions and Takeovers Amendment Act 2010 (1 of 2010)

Schedule 1   Amendments

Foreign Acquisitions and Takeovers Act 1975

13   After paragraph 18(3)(a)

Insert:

(aa) be in a position to control more of the total potential voting power in the corporation than:

(i) such proportion of the total potential voting power in the corporation as is equal to the proportion of the total potential voting power in the corporation at the time of the coming into operation of the first-mentioned order that that foreign person, together with any associate or associates of that person, was in a position to control at that time; or

(ii) such greater proportion (if any) of the total potential voting power in the corporation as is specified in the order; or