Foreign Acquisitions and Takeovers Act 1975
View history note
Hide history noteA foreign person starts a national security business if the foreign person starts to carry on a national security business.
8A(2)
Despite subsection (1), if a foreign person carries on a national security business, the person does not start a national security business merely because the foreign person, alone or together with one or more persons, establishes a new entity: (a) that carries on the same national security business; or (b) for the purposes of acquiring interests in assets of the same national security business.
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