FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 64 Simplified outline of this Division
FOREIGN ACQUISITIONS AND TAKEOVERS ACT 1975 - SECT 64
Simplified outline of this DivisionThis Division deals with the treatment of entities whose securities are
stapled and entities operating on a unified basis. In certain circumstances,
if any of those entities are foreign or not carrying on an Australian
business, they are treated as if they were Australian entities or carrying on
an Australian business. Consequently, an action taken in relation to those
entities may be a significant action or a notifiable action.