Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 3 - EXEMPTIONS  

Division 3 - Exemptions for certain actions  

Subdivision A - Application of this Division  

SECTION 28   APPLICATION OF THIS DIVISION  

28(1)    
This Division applies to the provisions of the Act, other than:

(a) the definition of foreign person in section 4 of the Act; and

(b) any other provision of the Act to the extent that it relates to that definition.

The provisions of the Act that this Division applies to are the excluded provisions .

Note: The effect of this Division is that acquisitions of interests of a kind mentioned in this Division are not significant actions, notifiable actions or notifiable national security actions, but are taken into account for the purposes of the definition of foreign person in section 4 of the Act.

28(2)    

This Division does not apply in respect of an action that is a reviewable national security action.