Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017 (F2017L00811)

Schedule 2   Exemption certificates

Foreign Acquisitions and Takeovers Regulation 2015

5   At the end of section 43

Add:

(4) For the purposes of subsections 45(3) and 49(2) of the Act, an action is not a significant action or a notifiable action if:

(a) the action is an acquisition by a foreign person of an interest in securities or in a tenement; and

(b) the foreign person is specified in a tenements and mining, production or exploration entities certificate; and

(c) the interest is of a kind specified in the certificate; and

(d) the conditions (if any) specified in the certificate are met.