Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 2 - PROVISIONS RELATING TO DEFINITIONS AND RULES OF INTERPRETATION  

SECTION 18   MEANING OF FOREIGN PERSON  
General partners of limited partnerships

18(1)    
For paragraph (g) of the definition of foreign person in section 4 of the Act, a person is a foreign person if:

(a)    the person is a general partner of a limited partnership; and

(b)    

either:

(i) an individual not ordinarily resident in Australia, a foreign corporation or a foreign government holds a substantial interest in the limited partnership; or

(ii) 2 or more persons, each of whom is an individual not ordinarily resident in Australia, a foreign corporation or a foreign government hold an aggregate interest of at least 40% in the limited partnership.

Certain foreign government investors

18(2)    
For paragraph (g) of the definition of foreign person in section 4 of the Act, a person is a foreign person if:

(a)    the person is a foreign government investor; and

(b)    apart from this subsection, the person would not be a foreign person.