Foreign Investment Reform (Protecting Australia's National Security) Act 2020 (114 of 2020)

Schedule 1   Main amendments

Part 1   Amendment of the Foreign Acquisitions and Takeovers Act 1975

Foreign Acquisitions and Takeovers Act 1975

106   Subsection 69(2) (table item 4)

Repeal the item, substitute:

4

to start an Australian business, and that action was taken by a foreign person who is not a foreign government investor

specified persons to do within a specified period, or refrain from doing, specified acts or acts of a specified kind.

4A

to start a national security business

specified persons to do within a specified period, or refrain from doing, specified acts or acts of a specified kind.