Foreign Acquisitions and Takeovers Legislation Amendment Act 2015 (150 of 2015)

Schedule 3 Application and transitional provisions for Schedules 1 and 2 and Fees Imposition Act

In this Schedule:

civil penalty provision has the same meaning as in the Regulatory Powers (Standard Provisions) Act 2014.

commencement means the commencement of Schedule 1 to this Act.

new provisions means the Foreign Acquisitions and Takeovers Act 1975 as in force immediately after commencement.

old provisions means the Foreign Acquisitions and Takeovers Act 1975 as in force immediately before commencement.

Policy means:

(a) the authoritative English version of the Ministerial statement called Australia's Foreign Investment Policy, first released in June 2010; or

(b) any earlier equivalent Ministerial statement (such as the Summary of Australia's Foreign Investment Policy).

transitional period means the period beginning on 1 March 2015 and ending on 30 November 2015.