Commonwealth Numbered Regulations

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FOREIGN ACQUISITIONS AND TAKEOVERS AMENDMENT REGULATIONS 2009 (NO. 1) (SLI NO 245 OF 2009) - SCHEDULE 1

Amendments

(regulation 3)

 

[1]           Regulations 4 and 5

substitute

4               Prescribed corporations -- value of assets of foreign corporation

                For a provision of section 13 of the Act mentioned in the following table, the amount is set out in the table:

Item

Provision

Amount

1

paragraph 13 (1) (d)

   (a)  For the calendar year 2009 -- $219 000 000; or

   (b)  For any other calendar year -- the amount worked out under regulation 13

2

paragraph 13 (1) (e)

   (a)  For the calendar year 2009 -- $219 000 000; or

   (b)  For any other calendar year -- the amount worked out under regulation 13

5               Exempt dealings -- value of assets

         (1)   For a provision of the definition of exempt corporation in subsection 13A (4) of the Act mentioned in the following table, the amount is set out in the table:

Item

Provision

Amount

1

subparagraph (b) (i)

   (a)  For the calendar year 2009 -- $219 000 000; or

   (b)  For any other calendar year -- the amount worked out under regulation 13

2

subparagraph (b) (ii)

   (a)  For the calendar year 2009 -- $219 000 000; or

   (b)  For any other calendar year -- the amount worked out under regulation 13

         (2)   For a provision of the definition of exempt business in subsection 13A (4) of the Act mentioned in the following table, the amount is set out in the table:

Item

Provision

Amount

1

paragraph (a)

   (a)  For the calendar year 2009 -- $219 000 000; or

   (b)  For any other calendar year -- the amount worked out under regulation 13

2

paragraph (b)

   (a)  For the calendar year 2009 -- $219 000 000; or

   (b)  For any other calendar year -- the amount worked out under regulation 13

[2]           Regulation 6, table, item 1, column 3, paragraphs (a) and (aa)

substitute

   (a)  For the calendar year 2009 -- $219 000 000; or

[3]           Regulation 6, table, item 5, column 3, paragraphs (a) and (aa)

substitute

   (a)  For the calendar year 2009 -- $219 000 000; or

[4]           Subregulation 13 (1)

omit

regulation 3, 6 or 7

insert

regulation 3, 4, 5, 6 or 7




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