Commonwealth Consolidated Acts

FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975

TABLE OF PROVISIONS

   PART I--PRELIMINARY

   1.      Short title [see Note 1]  
   2.      Commencement [see Note 1]  
   3.      Transitional provisions  
   4.      Additional operation of Act  
   5.      Interpretation  
   5A.     Ordinarily resident non-citizens  
   6.      Associates  
   7.      Australian business  
   8.      Control of voting power  
   9.      Substantial and controlling interests in corporations  
   9A.     Substantial interests in trust estates  
   10.     Holding corporations and subsidiaries  
   11.     Interests in shares  
   12.     Interests in assets  
   12A.    Interests in Australian urban land  
   12B.    Interests in trust estates  
   12C.    Tracing of substantial interests in corporations and trust estates  
   13.     Prescribed corporations  
   13A.    Exempt dealings  
   13B.    Valuation of assets for purposes of section 13A  
   13C.    Australian urban land corporations  
   13D.    Australian urban land trust estates  
   14.     Voting power  
   15.     Application of Act  
   16.     Extra-territorial operation of Act  
   17.     Persons obliged to comply with Act  

   PART IA--EXEMPT FOREIGN INVESTMENTS

   17A.    Exempt foreign investments in prescribed corporations etc.  
   17B.    Asset thresholds for exempt foreign investments in prescribed corporations etc.-prescribed foreign investors  
   17C.    Asset thresholds for exempt foreign investments in prescribed corporations etc.-prescribed foreign government investors  
   17D.    Exempt foreign investments in financial sector companies etc.  
   17E.    Prescribed foreign investor  
   17F.    Foreign government investor  
   17G.    Prescribed foreign government investor  
   17H.    Prescribed sensitive sector  

   PART II--CONTROL OF TAKEOVERS AND OTHER TRANSACTIONS

   18.     Acquisitions of shares  
   19.     Acquisitions of assets  
   20.     Arrangements relating to directorate of corporations  
   21.     Arrangements relating to control of Australian businesses  
   21A.    Acquisitions of interests in Australian urban land  
   22.     Interim orders  
   23.     Revocation of orders  
   24.     Publication of orders  
   25.     Effect of notification of transactions  
   26.     Compulsory notification of certain section 18 transactions  
   26A.    Compulsory notification of certain section 21A transactions  
   27.     Form of notification  
   28.     Notification of options  

   PART III--MISCELLANEOUS

   30.     Offences  
   31.     Offences by officers of corporations  
   35.     Powers of court to enforce Treasurer's orders  
   36.     Treasurer may require information  
   37.     Effect of Act on other laws  
   38.     Validity of acts done in contravention of Act  
   38A.    Anti-avoidance  
   39.     Regulations