Foreign Acquisitions and Takeovers Regulation 2015 (Cth)
PART 3
-
EXEMPTIONS
Division 3
-
Exemptions for certain actions
Subdivision B
-
General exemptions
SECTION 29
29
DEVOLUTION
The excluded provisions do not apply in relation to an acquisition of an interest in securities, assets, a trust or Australian land that is acquired by devolution by operation of law, other than as a result of: (a) the operation of section 18A of the Act (increasing percentage of interests without acquiring additional interests in securities); or (b) an arrangement under Part 5.1 or 5.3A of the Corporations Act 2001 .
View history note
Hide history noteThe excluded provisions do not apply in relation to an acquisition of an interest in securities, assets, a trust or Australian land that is acquired by devolution by operation of law, other than as a result of: (a) the operation of section 18A of the Act (increasing percentage of interests without acquiring additional interests in securities); or (b) an arrangement under Part 5.1 or 5.3A of the Corporations Act 2001 .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.