Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 3 - EXEMPTIONS  

Division 2 - Exemptions applying for all purposes  

SECTION 27B  

27B   EXPLORATION TENEMENTS ACQUIRED BY NON-GOVERNMENT FOREIGN INVESTORS  


The Act does not apply in relation to an interest in an exploration tenement if:

(a)    the entity that holds or acquires the interest is a foreign person who is not a foreign government investor; and

(b)    the exploration tenement is not in respect of Australian land that is national security land.




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