Commonwealth Consolidated Regulations

FOREIGN ACQUISITIONS AND TAKEOVERS REGULATIONS 1989 - REG 12

         (1)   For paragraph 17H (a) of the Act, the condition is that the investor is a prescribed foreign investor.

         (2)   For paragraph 17H (b) of the Act, the condition is that the business activity is any of the following:

                (a)    media;

               (b)    telecommunications;

                (c)    transport (including airports, port facilities, rail infrastructure, international and domestic aviation and shipping services provided within, or to or from, Australia);

               (d)    the supply of training or human resources, or the manufacture or supply of military goods or equipment or technology, to the Australian Defence Force or other defence forces;

                (e)    the manufacture or supply of goods, equipment or technology able to be used for a military purpose;

                (f)    the development, manufacture or supply of, or the provision of services relating to, encryption and security technologies and communications systems;

                (g)    the extraction of (or the holding of rights to extract) uranium or plutonium or the operation of nuclear facilities.