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
90 Subsection 67(2) (cell at table item 1, column headed "If the significant action is …")
Repeal the cell, substitute:
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to acquire: (a) a direct interest in an entity or Australian business; or (b) a direct interest in an Australian entity, or an Australian business, that is an agribusiness; or (c) an interest in securities in an entity; or (d) an interest of any percentage in an entity or an Australian business; or (e) an interest in assets of an Australian business; or (f) a direct interest in a national security business; or (g) a legal or equitable interest in an exploration tenement, and that action is to be taken by a foreign person who is not a foreign government investor |
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