US Free Trade Agreement Implementation Act 2004 (120 of 2004)
Schedule 5 Foreign acquisitions and takeovers amendments
Foreign Acquisitions and Takeovers Act 1975
6 Subsection 13B(4)
Omit "In determining whether a business is an exempt business in relation to the application of section 19, the value of its total assets", substitute "For the purposes of Part IA, or in determining whether a business is an exempt business, in relation to the application of section 19, the value of a business' total assets".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).