Foreign Investment Reform (Protecting Australia's National Security) Act 2020 (114 of 2020)
Schedule 1 Main amendments
Part 3 Application and transitional provisions
Division 2 Other amendments
239 Application - increasing percentage of interests without acquiring additional interests in securities
(1) Paragraph 18A(1)(b) of the Foreign Acquisitions and Takeovers Act 1975, as inserted by this Schedule, applies in relation to a percentage interest in an entity that increases on or after 1 January 2021.
(2) Paragraph 18A(2)(b) of the Foreign Acquisitions and Takeovers Act 1975, as inserted by this Schedule, applies in relation to a percentage interest in an entity that may increase on or after 1 January 2021.
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