Foreign Acquisitions and Takeovers Amendment Act 2010 (1 of 2010)

Schedule 1   Amendments

Foreign Acquisitions and Takeovers Act 1975

9   After subsection 11(2)

Insert:

(2A) To avoid doubt, a right covered by paragraph (2)(b) or (c) includes a right under an instrument, agreement or arrangement, whether the right is exercisable presently or in the future and whether on the fulfilment of a condition or not.

Example: A convertible note.


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).