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

Schedule 1   Main amendments

Part 3   Application and transitional provisions

Division 2   Other amendments

239   Application - increasing percentage of interests without acquiring additional interests in securities

(1) Paragraph 18A(1)(b) of the Foreign Acquisitions and Takeovers Act 1975, as inserted by this Schedule, applies in relation to a percentage interest in an entity that increases on or after 1 January 2021.

(2) Paragraph 18A(2)(b) of the Foreign Acquisitions and Takeovers Act 1975, as inserted by this Schedule, applies in relation to a percentage interest in an entity that may increase on or after 1 January 2021.