Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 3 - EXEMPTIONS  

Division 3 - Exemptions for certain actions  

Subdivision C - Actions relating to entities  

SECTION 33  

33   COMPULSORY ACQUISITIONS AND COMPULSORY BUY-OUTS  

The excluded provisions do not apply in relation to an acquisition of an interest in securities if:

(a)    the securities are acquired under a compulsory acquisition or compulsory buy-out; and

(b)    the acquisition is not one that is taken to occur because of the operation of section 18A of the Act (increasing percentage of interests without acquiring additional interests in securities).