Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 3 - EXEMPTIONS  

Division 3 - Exemptions for certain actions  

Subdivision C - Actions relating to entities  

SECTION 32   INVESTMENTS IN FINANCIAL SECTOR COMPANIES  

32(1)    
The excluded provisions do not (subject to subsection (2)) apply in relation to an acquisition of an interest in shares if the shares are in a financial sector company (within the meaning of the Financial Sector (Shareholdings) Act 1998 ).

32(2)    
This section does not apply in relation to an acquisition of an interest by a foreign government investor.