Commonwealth Numbered Regulations
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FOREIGN ACQUISITIONS AND TAKEOVERS REGULATION 2015 (SLI NO 217 OF
2015)
TABLE OF PROVISIONS
PART 1--PRELIMINARY
1. Name
2. Commencement
3. Authority
4. Simplified outline of this Part
5. Definitions
6. Meaning of acquire an interest of a specified percentage in a business
7. Meaning of enterprise of a country
8. Meaning of national of a country
9. References to United States of America
10. Meaning of starts an Australian business
PART 2--PROVISIONS RELATING TO DEFINITIONS AND RULES OF INTERPRETATION
11. Simplified outline of this Part
12. When an Australian entity or Australian business is an agribusiness
13. Land entities
14. Meaning of consideration
15. Number of independent self-contained dwellings in a development
16. Meaning of direct interest in an entity or business
17. Meaning of foreign government investor
18. Meaning of foreign person
19. Number of future dwellings on residential land
20. Meaning of total asset value
21. Meaning of total issued securities value
22. Businesses that are sensitive businesses
23. Value of assets of entities or businesses
24. Value of assets of entities that prepare consolidated financial statements
25. Foreign currencies
PART 3--EXEMPTIONS
Division 1--Simplified outline of this Part
26. Simplified outline of this Part
Division 2--Exemptions applying for all purposes
27. Moneylending agreements
Division 3--Exemptions for certain actions from being significant and notifiable actions
Subdivision A--Application of this Division
28. Application of this Division
Subdivision B--General exemptions
29. Will or devolution
30. Certain interests held by foreign custodian corporations
31. Australian businesses carried on by or land acquired from government
Subdivision C--Significant and notifiable actions relating to entities
32. Investments in financial sector companies
33. Compulsory acquisitions and compulsory buy-outs
34. Convertible instruments that include a requirement for loss absorption if entity becomes non-viable
Subdivision D--Significant and notifiable actions relating to Australian land etc
35. Acquisitions by persons with a close connection to Australia
36. Acquisitions by funds and schemes
37. Acquisition in certain circumstances
38. Acquisitions of interests in residential land
39. Acquisitions of certain easements
Division 4--Other exemptions relating to significant and notifiable actions
Subdivision A--Exemptions relating to particular significant and notifiable actions
40. Action relating to agribusinesses and agricultural land for certain investors
41. Exemptions for certain acquisitions
Subdivision B--Exemption certificates
42. Exemption certificates for underwriters
43. Exemption certificates for certain interests in tenements and mining, production or exploration entities
Division 5--Exemptions from other specified provisions
44. Meaning of agricultural land
45. Meaning of associate--exemptions
46. Meaning of foreign person--potential voting power and future rights
47. Meaning of foreign person--disregarding small holdings of securities in primary listed entities
48. Tracing of substantial interests in corporations and trusts
PART 4--THRESHOLDS
49. Simplified outline of this Part
50. Certain actions taken in relation to agribusinesses
51. Taking action in relation to entities and businesses
52. Land
53. Indexation of values prescribed by this Part
PART 5--SIGNIFICANT ACTIONS AND NOTIFIABLE ACTIONS
Division 1--Simplified outline of this Part
54. Simplified outline of this Part
Division 2--Prescribing significant actions and notifiable actions
55. Investments in Australian media businesses
56. Actions by foreign government investors
Division 3--Other provisions relating to significant actions and notifiable actions
57. Orders prohibiting proposed acquisitions and disposal orders
58. Actions that are not significant actions or notifiable actions
PART 6--OTHER PROVISIONS
59. Simplified outline of this Part
60. Time limit for making decisions on exemption certificates
61. Time limit for taking actions specified in no objection notifications
62. Authorised disclosures of periodic aggregate information
PART 7--APPLICATION AND TRANSITIONAL PROVISIONS
63. Simplified outline of this Part
64. Values determined before this section commences
65. Application of indexation provision
66. Application of authorised disclosures of periodic aggregate information
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