Foreign Investment Reform (Protecting Australia's National Security) Regulations 2020 (F2020L01568)

Schedule 4   Integrity amendments

Part 1   Australian businesses carried on by or land acquired from government

Foreign Acquisitions and Takeovers Regulation 2015

2   Paragraph 31(2)(c)

Repeal the paragraph (including the example), substitute:

(c) an acquisition of an interest in Australian land that, at the time of the acquisition, is national security land; or

(d) an Australian business the assets of which include:

(i) an interest in Australian land to which paragraph (b) or (c) applies; or

(ii) a legal or equitable interest in an exploration tenement in respect of Australian land that, at the time the relevant action is taken in relation to the Australian business, is national security land; or

(e) an Australian business that is a national security business.