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
93 Subsection 67(2) (table item 5)
Repeal the item, substitute:
|
5 |
to start an Australian business, and that action is to be taken by a foreign person who is not a foreign government investor |
the starting of the whole or a part of the Australian business. |
|
5A |
to start a national security business |
the starting of the whole or a part of the national security business. |