Foreign Acquisitions and Takeovers Act 1975

PART 7A - THE REGISTER OF FOREIGN OWNERSHIP OF AUSTRALIAN ASSETS  

Division 2 - The Register of Foreign Ownership of Australian Assets  

SECTION 130X   INTERESTS ACQUIRED BY ENTERING AGREEMENTS ETC.  

130X(1)    
For the purpose of working out a registrable event day for a register notice, disregard:

(a)    section 15 (interests acquired by entering agreements or acquiring options); and

(b)    paragraph 19A(1)(b) (offer to acquire interests in assets of business); and

(c)    paragraph 20(1)(b) (offer to acquire securities or rights in entity).

130X(2)    
Subsection (1) does not apply for the purposes of working out whether a person is required to give a register notice.

130X(3)    
However, if subsection (1) results in there being no registrable event day for a particular register notice that a person would otherwise be required to give to the Registrar, the person is not required to give the notice.

130X(4)    
The regulations may provide that this section does not apply to a specified register notice prescribed by regulations made for the purposes of subsection 130ZU(1) .


 

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