Foreign Investment Reform (Protecting Australia's National Security) Regulations 2020 (F2020L01568)

Schedule 4   Integrity amendments

Part 1   Australian businesses carried on by or land acquired from government

Foreign Acquisitions and Takeovers Regulation 2015

1   Paragraph 31(1)(b)

Repeal the paragraph, substitute:

(b) a body corporate established for a public purpose by or under a law of the Commonwealth, a State or a Territory;

(c) an entity wholly owned by the Commonwealth, a State, a Territory, a local governing body or a body corporate covered by paragraph (b).