Treasury Laws Amendment (Strengthening Financial Systems and Other Measures) Act 2025 (72 of 2025)

Schedule 5   Machinery and other technical amendments

Part 1   Amendments commencing day after Royal Assent

Division 3   Foreign investment notices and applications

Foreign Acquisitions and Takeovers Act 1975

26   Subsection 135(2)

Repeal the subsection, substitute:

(2) For the purposes of subsection (1):

(a) an approved manner may be electronic communication; and

(b) an approved form may be an electronic form.

(2A) Strict compliance with an approved manner or an approved form is required, unless the Secretary is satisfied in relation to a particular notice or application that:

(a) the notice or application substantially complies with the approved manner or form; and

(b) it is appropriate in the circumstances to treat the notice or application as being effective for the purposes of this Act.