Foreign Investment Reform (Protecting Australia's National Security) Act 2020 (114 of 2020)
Schedule 1 Main amendments
Part 1 Amendment of the Foreign Acquisitions and Takeovers Act 1975
Foreign Acquisitions and Takeovers Act 1975
71 Paragraph 54(4)(b)
Repeal the paragraph, substitute:
(b) without limiting paragraph (a), in relation to the acquisition of interests in securities in an entity or an issue of securities in an entity - the person holds a substantial interest in the entity.
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