Foreign Acquisitions and Takeovers Amendment (Commercial Land Lease Threshold Test) Regulations 2020 (F2020L01131)

Schedule 1   Amendments

Foreign Acquisitions and Takeovers Regulation 2015

2   Subsection 52(1)

Repeal the subsection, substitute:

Land without threshold value

(1) For the purposes of subsection 52(1) of the Act, all land other than the following is prescribed:

(a) agricultural land;

(b) commercial land that is not vacant.

Interests in agricultural land