LI 2025/D13

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Foreign Acquisitions and Takeovers Regulation 2015

Draft Legislative Instrument

I, Robert Heferen, Commissioner of Taxation in my capacity as Registrar, make the following instrument.

1 Name

This instrument is the Foreign Acquisitions and Takeovers (Register Notices – Extensions of Time) Instrument 2025.

2 Commencement

(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority

This instrument is made under section 58M of the Regulation.

Note: Under subsection 137(2A) of the Act, the Treasurer has delegated to the Registrar the Treasurer's powers under section 58M of the Regulation by the Foreign Acquisitions and Takeovers (Registrar) Delegations 2023.

4 Definitions

Note: A number of expressions used in this instrument are defined in section 4 of the Act, including the following:

(a)

register notice;

(b)

Registrar.

In this instrument:

Act means the Foreign Acquisitions and Takeovers Act 1975.

Regulation means the Foreign Acquisitions and Takeovers Regulation 2015.

5 Extensions of time to give a register notice

(1) The Registrar may, by notice in writing, extend the period referred to in paragraph 130W(2)(b) of the Act in which a register notice must be given to the Registrar:

(a)

any number of times; and

(b)

by any period of time.

 

Consultation

Subsection 17(1) of the Legislation Act 2003 requires the Commissioner to be satisfied that appropriate and reasonably practicable consultation has been undertaken before they make an instrument.

As part of the consultation process, you are invited to comment on the draft instrument and its accompanying draft explanatory statement.

Please forward your comments to the contact officer by the due date.

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Draft published 18 June 2025

Robert Heferen AO
Commissioner of Taxation

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Related Explanatory Statements:

LI 2025/D13 - Explanatory statement

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