Foreign Acquisitions and Takeovers Act 1975

PART 1 - PRELIMINARY  

Division 2 - Definitions  

Subdivision B - Some defined terms and rules of interpretation  

SECTION 8A   MEANING OF STARTS A NATIONAL SECURITY BUSINESS  

8A(1)    
A foreign person starts a national security business if the foreign person starts to carry on a national security business.

8A(2)    
Despite subsection (1), if a foreign person carries on a national security business, the person does not start a national security business merely because the foreign person, alone or together with one or more persons, establishes a new entity:

(a)    that carries on the same national security business; or

(b)    for the purposes of acquiring interests in assets of the same national security business.




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