Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017 (F2017L00811)
Schedule 3 Miscellaneous
Foreign Acquisitions and Takeovers Regulation 2015
10 At the end of section 56
Add:
Exception - acquisition of initial interest by entity established by consortium
(5) Paragraph (1)(a) does not apply in relation to an acquisition of an initial direct interest in an Australian entity by a foreign government investor if the entity is established by one or more persons for the purposes of the entity making a later acquisition that is a significant action and a notifiable action.
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