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House of Representatives

Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015

Foreign Acquisitions and Takeovers Fee Imposition Bill 2015

Register of Foreign Ownership of Agricultural Land Bill 2015

Explanatory Memorandum

(Circulated by the authority of the Treasurer, the Hon J. B. Hockey MP)

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
ABS Australian Bureau of Statistics
Act Foreign Acquisitions and Takeovers Act 1975
ADJR Act Administrative Decisions (Judicial Review) Act 1977
AML Act Anti-Money Laundering and Counter-Terrorism Financing Act 2006
APS Australian Public Service
ASIC Australian Securities and Investments Commission
ASIC Act Australian Securities and Investments Commission Act 2001
ATO Australian Taxation Office
Bill Foreign Acquisition and Takeovers Legislation Amendment Bill 2015
Commissioner Commissioner of Taxation
DIBP Department of Immigration and Border Protection
FATA (as amended) Foreign Acquisitions and Takeovers Act 1975 as would be amended by the Foreign Acquisitions and Takeovers Legislation Amendment Bill 2015
Federal Circuit Court Federal Circuit Court of Australia
Federal Court Federal Court of Australia
FIRB Foreign Investment Review Board
Foreign Acquisitions Bill Foreign Acquisition and Takeovers Legislation Amendment Bill 2015
Gazette Commonwealth of Australia Gazette
Guide A Guide to Framing Commonwealth Offences, Infringement Notices and Enforcement Powers, September 2011, Australian Government
ICCPR International Covenant on Civil and Political Rights
Imposition Bill Foreign Acquisitions and Takeovers Fees Imposition Bill 2015
ITAA 1936 Income Tax Assessment Act 1936
ITAA 1997 Income Tax Assessment Act 1997
Options Paper Options Paper 'Strengthening Australia's foreign investment framework' (25 February 2015)
Policy Australia's Foreign Investment Policy
Register Register of Foreign Ownership of Agricultural Land
Register Bill Register of Foreign Ownership of Agricultural Land Bill 2015
Regulations Foreign Acquisitions and Takeovers Regulations 1989
Regulatory Powers Act Regulatory Powers (Standard Provisions) Act 2014
TAA 1953 Taxation Administration Act 1953


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