Commonwealth Numbered Regulations

FOREIGN ACQUISITIONS AND TAKEOVERS REGULATION 2015 (SLI NO 217 OF 2015) - REG 22

             (1)  This section prescribes conditions for subsection 26(1) of the Act.

             (2)  A business is a sensitive business if:

                     (a)  the business is carried on wholly or partly in any of the following sectors (including such a business relating to infrastructure for those sectors):

                              (i)  media;

                             (ii)  telecommunications;

                            (iii)  transport; or

                     (b)  the business is wholly or partly:

                              (i)  the supply of training or human resources to, the manufacture of military goods, equipment or technology for, or the supply of military goods, equipment or technology to, the Australian Defence Force or other defence forces; or

                             (ii)  the manufacture or supply of goods, equipment or technology able to be used for a military purpose; or

                            (iii)  the development, manufacture or supply of, or the provision of services relating to, encryption and security technologies and communications systems; or

                            (iv)  the extraction of (or the holding of rights to extract) uranium or plutonium or the operation of a nuclear facility.