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

80   Section 63 (note)

Repeal the note, substitute:

Note: The regulations may provide, in relation to exemption certificates in force under regulations made for the purposes of this section, that an action of a specified kind is not:

(a) a significant action (see subsection 45(3)); or

(b) a notifiable action (see subsection 49(2)); or

(c) a notifiable national security action (see subsection 55B(3)); or

(d) a reviewable national security action (see section 55G)).


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).