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FOREIGN INVESTMENT REFORM (PROTECTING AUSTRALIA'S NATIONAL SECURITY) REGULATIONS 2020 (F2020L01568) - REG 4

Schedules

                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1 -- National security

   

Foreign Acquisitions and Takeovers Regulation 2015

1  Section 5 (definition of acquire )

Repeal the definition.

2  Section 5

Insert:

"defence and intelligence personnel " means:

                     (a)  a member of the Australian Defence Force; or

                     (b)  in relation to the Defence Department--the following:

                              (i)  an APS employee in the Department;

                             (ii)  a consultant engaged by the Secretary of the Department on behalf of the Commonwealth;

                            (iii)  a person whose services are made available to the Department under an arrangement entered into by the Secretary of the Department on behalf of the Commonwealth; or

                     (c)  in relation to an agency in the national intelligence community--the following:

                              (i)  a member of the staff of the agency;

                             (ii)  a consultant engaged by the agency;

                            (iii)  a person whose services are made available to the agency or the head (however described) of the agency.

"Defence Department " means the Department of State that deals with defence and that is administered by the Minister administering section 1 of the Defence Act 1903 .

3  Section 5 (definition of exploration tenement )

Repeal the definition.

4  Section 5

Insert:

"foreign country , for the purposes of the definition of foreign intelligence agency" , includes a region where:

                     (a)  the region is a colony, territory or protectorate of a foreign country; or

                     (b)  the region is part of a foreign country; or

                     (c)  the region is under the protection of a foreign country; or

                     (d)  a foreign country exercises jurisdiction or control over the region; or

                     (e)  a foreign country is responsible for the region's international relations.

"foreign intelligence agency " means a government body that has responsibility for:

                     (a)  intelligence gathering for a foreign country; or

                     (b)  the security of a foreign country.

"government body " means:

                     (a)  the government of a country; or

                     (b)  an agency or authority of the government of a country; or

                     (c)  the government of part of a country; or

                     (d)  an agency or authority of the government of part of a country.

"intelligence use " includes security intelligence, foreign intelligence or financial intelligence.

5  Section 5 (definition of interest )

Repeal the definition.

6  Section 5

Insert:

"national security business " has the meaning given by section 8AA.

"national security land " means:

                     (a)  defence premises (within the meaning of section 71A of the Defence Act 1903 , excluding subparagraph (a)(iii) of the definition of that expression); or

                     (b)  land in which the Commonwealth, as represented by an agency in the national intelligence community, has an interest that:

                              (i)  is publicly known; or

                             (ii)  could be known upon the making of reasonable inquiries.

"personal information " has the same meaning as in the Privacy Act 1988 .

7  Section 5 (definition of starts an Australian business )

Repeal the definition.

8  Section 6

Repeal the section.

9  After section 8

Insert:



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