Contents

                        1     Name of Regulations [see Note 1]                                     3

                        2     Definitions                                                                       3

                    2AA     References to United States of America                            4

                    2AB     Meaning of US enterprise                                                 4

                      2A     Prescribed interests in shares                                           6

                      2B     Kind of interest                                                                6

                        3     Exempt acquisitions of interests in Australian urban land    6

                        4     Prescribed corporations -- value of assets of foreign corporation         13

                        5     Exempt dealings -- value of assets                                 13

                        6     Asset thresholds for exempt foreign investments in prescribed corporations etc -- prescribed foreign investors                                                                       14

                        7     Asset thresholds for exempt foreign investments in prescribed corporations etc -- prescribed foreign government investors                                                      16

                        8     Condition relating to exempt foreign investments in financial sector companies etc        17

                        9     Condition relating to prescribed foreign investor                 17

                       10     Condition relating to foreign government investor               17

                       11     Conditions relating to prescribed foreign government investor 17

                       12     Conditions relating to prescribed sensitive sector              18

                       13     Indexation of amounts                                                    18

Notes                                                                                                          21

 

  

  

Notes to the Foreign Acquisitions and Takeovers Regulations 1989

Note 1

The Foreign Acquisitions and Takeovers Regulations 1989 (in force under the Foreign Acquisitions and Takeovers Act 1975) as shown in this compilation comprise Statutory Rules 1989 No. 177 amended as indicated in the Tables below.

For all relevant information pertaining to application, saving or transitional provisions see Table A.

Table of Instruments

Year and number	Date of notification in Gazette or FRLI registration	Date of commencement	Application, saving or transitional provisions
1989 No. 177	6 July 1989	1 Aug 1989 (see Gazette 1989, No. S240)
1991 No. 302	30 Sept 1991	30 Sept 1991	--
1994 No. 295	31 Aug 1994	1 Sept 1994	--
1995 No. 416	19 Dec 1995	19 Dec 1995	--
1999 No. 199	10 Sept 1999	10 Sept 1999	--
2004 No. 49	30 Mar 2004	30 Mar 2004	--
2004 No. 316	11 Nov 2004	1 Jan 2005 (see r. 2 and Gazette 2004, No. GN51)	--
2004 No. 401	23 Dec 2004	1 Jan 2005 (see r. 2 and Gazette 2004, No. GN51)	--
2006 No. 286	17 Nov 2006 (see F2006L03741)	18 Nov 2006	--
2006 No. 316	1 Dec 2006 (see F2006L03836)	2 Dec 2006	--
2006 No. 364	13 Dec 2006 (see F2006L04021)	14 Dec 2006	--
2009 No. 53	30 Mar 2009 (see F2009L01190)	Rr. 1-3 and Schedule 1: 2 Dec 2006 Rr. 4, 5, Schedules 2 and 3: 31 Mar 2009	R. 4
2009 No. 104	5 June 2009 (see F2009L02155)	6 June 2009	--
2009 No. 245	21 Sept 2009 (see F2009L3549)	22 Sept 2009	R. 4

Table of Amendments

ad. = added or inserted      am. = amended      rep. = repealed      rs. = repealed and substituted
Provision affected	How affected
R. 1.........................................	rs. 1999 No. 199
Heading to r. 2......................	rs. 2004 No. 316
R. 2.........................................	am. 1995 No. 416; 1999 No. 199; 2004 No. 316; 2009 Nos. 53 and 104
R. 2AA....................................	ad. 2004 No. 316
R. 2AB....................................	ad. 2004 No. 316
R. 2A.......................................	ad. 2004 No. 49
	am. 2006 No. 286
R. 2B......................................	ad. 2004 No. 49
	rs. 2006 No. 286
R. 2C......................................	ad. 2004 No. 49
	rep. 2006 No. 286
R. 3.........................................	am. 1991 No. 302; 1994 No. 295; 1995 No. 416; 1999 No. 199; 2004 Nos. 49 and 316; 2006 No. 286;  2009 No. 53
R. 4.........................................	ad. 1999 No. 199
	am. 2006 No. 316
	rs. 2009 No. 245
R. 5.........................................	ad. 1999 No. 199
	am. 2006 No. 316
	rs. 2009 No. 245
R. 6.........................................	ad. 2004 No. 316
	am. 2006 No. 316; 2009 Nos. 53 and 245
R. 7.........................................	ad. 2004 No. 316
	am. 2006 No. 364
R. 8.........................................	ad. 2004 No. 316
R. 9.........................................	ad. 2004 No. 316
R. 10.......................................	ad. 2004 No. 316
R. 11.......................................	ad. 2004 No. 316
	am. 2004 No. 401
R. 12.......................................	ad. 2004 No. 316
R. 13.......................................	ad. 2004 No. 316
	am. 2006 No. 316; 2009 No. 245

Table A                  Application, saving or transitional provisions

Select Legislative Instrument 2009 No. 53

4              Amendment of Foreign Acquisitions and Takeovers Regulations 1989

         (1)   Schedule 2 amends the Foreign Acquisitions and Takeovers Regulations 1989.

         (2)   The amendment made by item 6 of Schedule 2 applies in relation to a contract for the acquisition of an interest in land that was entered into on or after 18 December 2008.

Select Legislative Instrument 2009 No. 245

4              Application of amendments

                The amendments made by Schedule 1 apply on and after the day on which these Regulations commence.