Foreign Acquisitions and Takeovers Regulation 2015 (Cth)

PART 5 - SIGNIFICANT ACTIONS AND NOTIFIABLE ACTIONS  

Division 1 - Simplified outline of this Part  

SECTION 54  

54   SIMPLIFIED OUTLINE OF THIS PART  

Sections 44 (meaning of significant action ) and 48 (meaning of notifiable action ) of the Act allow this regulation to prescribe additional significant actions and notifiable actions.

The threshold test, and the requirement for a change in control, set out in the Act do not apply in relation to actions prescribed under this Division.

The additional significant actions prescribed by this Part relate to Australian media businesses and acquisitions by foreign government investors.

Division 3 prescribes additional matters in relation to the significant actions and notifiable actions prescribed by this Part and in relation to exemption certificates.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.